Price Retracement Alert Indicator

 

Hello,

I would be grateful if an indicator that trails the price and gives an alert when it retraces so many pips can be made available. It would be like a trailing stop loss but will not be attached to or close any trade - just to inform that price has retraced a set number of pips.

Many thanks.

 

Hello!

You mean what price fall for example 20pips from daily high, or goes up 20pips from daily low?

 
Kovactrader:
Hello!You mean what price fall for example 20pips from daily high, or goes up 20pips from daily low?

I mean whatever the price is now, if say it is moving up and I set a trailer of 20 pips, the indicator will start trailing the price and when the price falls 20 pips a sound alert will go off. There needs to be a sound alert please.

 

I Have Had About Hamonic Trading From A Friend, But This Zup How Dose It Look Like And How Does It Work.

How Can I Lay My And On It I Mean Have The Zup.

Ariyo.