custom indicator needed
I am in desperate need of a simple indicator for showing me the the total distance moved using two seperate pairs.
The indicator would allow me to input two pairs, time frame and a MA period.
For instance, Lets say I chose the the GBPUSD and the USDJPY and a time frame of 15m
Lets say the GBPUSD move +50 pips and the the USDJPY moved -25 pips. The value of the indicator would be +25.
The indicator would plot in a seperate window an Ocillating type graph similar to the stochastic indicator 2 values.
1- aggregate move of the chosen pairs using the open and close.
Example: GBPUSD( move from open to close) + USDJPY( move from open to close)
2- aggreate move of the chosen pairs using the high and the low.
Example: GBPUSD( move from High to low) + USDJPY( move from High to Low)
I would also like to plot a moving average of these two values in the same window.
The indicator window would show a center line of 0 and points would be plotted from -100 - +100
This should be a pretty simple indicator for someone who knows what they are doing.
Please contact me via PM or on the forum here if there is anything that is unclear.
Thank you very much to your kind attention
|Thread Tools||Search this Thread|
|Thread||Thread Starter||Forum||Replies||Last Post|
|Custom RSI indicators||buangcla||Indicators||18||05-23-2012 09:26 PM|
|EA from Custom Indicator||Izzytrader||MetaTrader and ZeroCode||3||05-11-2010 08:44 PM|
|Custom indicator||Dave77||MetaTrader and ZeroCode||16||07-19-2007 02:05 PM|
|Custom Indicator Needed||marcf||Indicators||1||05-19-2007 06:50 AM|
Registered members gain free access to online FOREX currency trading tools, foreign exchange software, Metatrader MT4/MT5 expert advisors, MT4 indicators and EAs. Register now