- i wrote it on mq4 mabye this will help u.
When u load that indicator to window u must refresh - i dont know why it is not drawing when u load that indicator
So u have to refresh manualy for the first time - rest will be automatic.
Could somebody help to write the following indicator?
Input
PreviousHigh(PH),PreviousLow(PL),PreviousClose(PC),
Output:
CDP=(PH+PL+PC)/3
AnalysisHigh1=CDP+(PH-PL)
AnalysisHigh2=2*CDP-PL
AnalysisLow1=CDP-(PH-PL)
AnalysisLow2=2*CDP-PH
Mark AH1,AH2,AL1,AL2 in chart for reference.
Thanks in advanceHi, if I'm not mistaken CDP formula is a Pivot formula. AH1 is Resistant2, AH2 is Resistant1, AL1 is Support2 and AL2 is Support1. The custom indicator for Pivot is called Pivot.mq4 . Just my two cents
Thanks folks. I think it is pivot.
Right!
I knewed that this formula looks familiar !
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Could somebody help to write the following indicator?
Input
PreviousHigh(PH),PreviousLow(PL),PreviousClose(PC),
Output:
CDP=(PH+PL+PC)/3
AnalysisHigh1=CDP+(PH-PL)
AnalysisHigh2=2*CDP-PL
AnalysisLow1=CDP-(PH-PL)
AnalysisLow2=2*CDP-PH
Mark AH1,AH2,AL1,AL2 in chart for reference.
Thanks in advance