Is it possible to create an indi that will draw a box where price gaps.
It makes a useful tool to identify possible points that attract price.
I am currently using gapfinder which draws arrows. It can get messy on the charts.
Thanks for your help.
Edit: The following parameters would be required.
Minimum gap size
Gap box colour (box should widen with every candle until it is filled)
Gap box filled colour (box changes colour if price enters it)
Start date/time (indi only examines candles after this period to current) (specifically i would prefer this rather then 'look back no of bars')
Gap alert on/off
Gap distance alert eg 20 pips. (if the price has moved this distance away from a gap to give a box/audible alert)
Edit: I have uploaded a mq4 file for basic indi.
It makes a useful tool to identify possible points that attract price.
I am currently using gapfinder which draws arrows. It can get messy on the charts.
Thanks for your help.
Edit: The following parameters would be required.
Minimum gap size
Gap box colour (box should widen with every candle until it is filled)
Gap box filled colour (box changes colour if price enters it)
Start date/time (indi only examines candles after this period to current) (specifically i would prefer this rather then 'look back no of bars')
Gap alert on/off
Gap distance alert eg 20 pips. (if the price has moved this distance away from a gap to give a box/audible alert)
Edit: I have uploaded a mq4 file for basic indi.
Attached File(s)
gspot finder.mq4
1 KB
|
2,495 downloads
|
Uploaded Feb 26, 2010 9:56am
bull in a china shop