I need some help for 2 indicator:
I) Horizontal Line
TF : Can be used at any time frame
Methodology:
It will only use the latest last 3 candlestick on the chart. By comparing between the 1st & 2nd candlestick, whichever candlestick has the highest point = HI , lowest point = LO. Then it will draw a horizontal line for the HI & LOW with a color orange. Then it will also draw another horizontal line for both HI & LOW with +/- 15 pips in lime color.
II) Shadow calculation
On at TF: Day chart
Objective: To calculate the total bottom white and top black shadow of first 30 candlesticks (30days).
1. For the past 30 candles, calculate the total bottom shadow size on the white candles.
2. For the past 30 candles, calculate the total top shadow size on the black candles
3. The calculated shadow shall not include the current candlestick of the day.
4. Results be posted on the top right corner under the EA smiley face.
Thanks in advance! All your work is much appreciated.
Thanks in advance!
I) Horizontal Line
TF : Can be used at any time frame
Methodology:
It will only use the latest last 3 candlestick on the chart. By comparing between the 1st & 2nd candlestick, whichever candlestick has the highest point = HI , lowest point = LO. Then it will draw a horizontal line for the HI & LOW with a color orange. Then it will also draw another horizontal line for both HI & LOW with +/- 15 pips in lime color.
II) Shadow calculation
On at TF: Day chart
Objective: To calculate the total bottom white and top black shadow of first 30 candlesticks (30days).
1. For the past 30 candles, calculate the total bottom shadow size on the white candles.
2. For the past 30 candles, calculate the total top shadow size on the black candles
3. The calculated shadow shall not include the current candlestick of the day.
4. Results be posted on the top right corner under the EA smiley face.
Thanks in advance! All your work is much appreciated.
Thanks in advance!