Hi,
I am reading this thread here
http://www.forexfactory.com/showthre...94#post3720294
and in it is a situation referred to as flat lining, this is when the market stalls, marks time, waits for an event to occur etc.
I am hoping that someone could create an indicator that can highlight when this happens.
For example " if Highest High Value of last (x) (5?) closed bars is within (y)(20?) pips of Lowest Low value then draw a box or star or something near those bars. If the values are adjustable then it could be used for different time frames.
Can anybody help please
I am reading this thread here
http://www.forexfactory.com/showthre...94#post3720294
and in it is a situation referred to as flat lining, this is when the market stalls, marks time, waits for an event to occur etc.
I am hoping that someone could create an indicator that can highlight when this happens.
For example " if Highest High Value of last (x) (5?) closed bars is within (y)(20?) pips of Lowest Low value then draw a box or star or something near those bars. If the values are adjustable then it could be used for different time frames.
Can anybody help please
Money grows on the tree of persistence