Is this possible, and if yes how?

I want to have the following judgement done automatically and export to an Excel file dynamically.

EURUSD (or any given pair)

The most recent price movement is a net X-pips up or down? ("net" here means without an X-pip retracement)

e.g.:
X=30;
price has a recent low of 1.5700, if the price gradually goes up without a 30-pip retracement and touches 1.5730 and or beyond, the returned result should be "UP".
Then, on a definite cell in an Excel file, the value "up" is refreshed.

My question to all you MT4 experts here is, can this be done?
If yes, how? by an custom indicator or something else?

Thanks in advance for your response.

An MQL programming newbie.

Rather than go through the headache of trying to get mt4 to export just what you need, use the DDE feature built in and let excel do the calculations for you. Under tools, options, server select the box labeled Enable DDE Server. Then in excel you can pull the price and time data dynamically into a worksheet.

Magnumfreak,
Thanks a lot for the prompt response and I am glad it is a positive one

The next problem for me is that I am also a poor Excel user, so still I need to try more resources maybe to finally save my a*s;-)

Again, thanks for pointing out the direction.