Hello! I've been looking for a good swing high/low indicator that adequately indicates swing highs and swing lows, but sadly couldnt find any. Attached is a picture that explains what swing highs and swing lows are. Also 2 indicators are attached...both are flawed because they 'miss' to draw some swings. They miss swings in which the bar immediately to the left of the pivot bar is an inside bar. Also they seem to miss swings if the bar to the immediate right is an inside bar.
What i would like from this indicator (if its possible):
1. It doesnt matter what the 1st bar is. It can be an inside bar, an engulfing anything.
2. The 2nd bar (the pivot bar) must be higher than the bar to the IMMEDIATE left (the 1st bar) by at least 1 pip.
3. The 3rd bar CAN take the HIGH of the 2nd bar (the pivot bar) but by no more than 1pip.
Is there such an indicator out there or can someone make one if it its not too much trouble? Thanks!
What i would like from this indicator (if its possible):
1. It doesnt matter what the 1st bar is. It can be an inside bar, an engulfing anything.
2. The 2nd bar (the pivot bar) must be higher than the bar to the IMMEDIATE left (the 1st bar) by at least 1 pip.
3. The 3rd bar CAN take the HIGH of the 2nd bar (the pivot bar) but by no more than 1pip.
Is there such an indicator out there or can someone make one if it its not too much trouble? Thanks!
Attached Image
Attached File(s)
Flexi_bars_swing.ex4
5 KB
|
6,922 downloads
ROIAlert.ex4
6 KB
|
4,528 downloads