I have searched and cannot find a simple MQ4 indicator which identifies:
- a 3 bar pattern in which the middle bar makes a higher high and a higher low than the bars immediately on either side (for a top swing point) and
- a 3 bar pattern in which the middle bar makes a lower low and a lower high than the bars immediately on either side of it (for a bottom swing point.)
I am looking for something very like the Fractal indicator, however it would be a 3 bar and not a 5 bar pattern, and would require not just lower highs on either side of a top but lower lows as well.
I would be eternally grateful to anyone who can help me - I'm sure it will have already been programmed by someone.