I would be very grateful if anyone can either adapt this box breakout indicator or direct me to one that exists already
The attached indicator is great but I want to be able to set the top and bottom of the box based not only on time but also on price. I want to do this so that I can create a box based upon the average daily range of a currency pair
So for example say the average range is 150 pips and the price is trending upwards. If the price retraced to 1.5200 by 07.00am GMT and that appears to be the low for the day I would be able to create a box that goes from 1.5200 to 1.5350 starting at 07.00am GMT and going to 17.00pm
Anyones help would be greatly appreciated I have spent a long time looking to see if this already exists
The attached indicator is great but I want to be able to set the top and bottom of the box based not only on time but also on price. I want to do this so that I can create a box based upon the average daily range of a currency pair
So for example say the average range is 150 pips and the price is trending upwards. If the price retraced to 1.5200 by 07.00am GMT and that appears to be the low for the day I would be able to create a box that goes from 1.5200 to 1.5350 starting at 07.00am GMT and going to 17.00pm
Anyones help would be greatly appreciated I have spent a long time looking to see if this already exists
Attached File(s)
ant-GUBreakout_V.0.4.1.ex4
13 KB
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