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LRD Indicator
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Old 02-07-2010, 10:02 PM
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Default LRD Indicator
Hi,

need indikator for MT4 please help.
1) calculate the range (high-low) yesterday
2) today if a new high calculate lowerline=newhigh-range(yesterday)
if a new low, upperline=newlow+range(yesterday)
i have attached a pdf which describes the Methode
Buy if price touch the upperline or sell if price touch lowerline.
Thanks
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File Type: pdf LRD-eng.pdf (78.1 KB, 34 views)
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