Not sure if this exists already or not, so please advise.
I'm looking for an indicator that you can drop on to any chart (e.g., EU M1) and it will scan all your broker's index and then tell you which pairs (or commodities, etc) are near their historical highs or lows, and by how much. For example, it might say E/U within 400p (18%) of 5-Year High of 1.6XXXX. Or, NZ/U within 225p (9%) of 3-Year Low of 0.4XXXX.
For example, if you set it to '5yr' and '80%' you would probably get back twenty or more lines. The idea would be to tweak the percentage input until only a few lines show up on pairs that are the closest to either their historical high or low. Searching 20% ought to come back with many fewer lines than, say, 80%.
If someone volunteers to make this from scratch for me, my wish list would include open inputs for the backtest (e.g., 2yrs, 5yrs, 10yrs, etc.), the percentage parameter I am hunting for (e.g, 20%), and inputs for font, font size, font color, and corner selection.
Cheers,
FxH
I'm looking for an indicator that you can drop on to any chart (e.g., EU M1) and it will scan all your broker's index and then tell you which pairs (or commodities, etc) are near their historical highs or lows, and by how much. For example, it might say E/U within 400p (18%) of 5-Year High of 1.6XXXX. Or, NZ/U within 225p (9%) of 3-Year Low of 0.4XXXX.
For example, if you set it to '5yr' and '80%' you would probably get back twenty or more lines. The idea would be to tweak the percentage input until only a few lines show up on pairs that are the closest to either their historical high or low. Searching 20% ought to come back with many fewer lines than, say, 80%.
If someone volunteers to make this from scratch for me, my wish list would include open inputs for the backtest (e.g., 2yrs, 5yrs, 10yrs, etc.), the percentage parameter I am hunting for (e.g, 20%), and inputs for font, font size, font color, and corner selection.
Cheers,
FxH
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