Draw the zone based on my condition and alert me when the price touch the zone.

MQL4 Indicators

Specification

Refer the screenshot before go through the conditions.

Definition of Base candle :-

Base candles are Narrow Range Candles ( NRC ), when compared to the other candles on the chart they are visibly much SMALLER in size. 
Ideally a BASE candle should be an NRC and have a body which is equal to or less than half of the range.

Base → Body ≤ 50% of Range    
[Body=Open-Close]      [Range=High-Low]

Definition of Expanded candle :-

Leg candles are Expanded Range Candles ( ERC ), when compared to the other candles on the chart they are visibly much BIGGER in size. 
Ideally a strong LEG candle should be an ERC and have a body which is equal to or greater than 75% of the range.

Leg → Body ≥ 75% of Range 

[Body=Open-Close] [Range=High-Low]

Leg out candle size should be more than 1%[Input] of the script.
Steps to Draw Buying Zones :-
Go from Right to left …. 
• Start with current price on the chart 
• Without cutting through candles look down and left until you find a strong ( Explosive) Rally in price. 
• Identify whether the formation is a DBR or RBR 
• While marking the zone critical things to watch out for 
• Zone should be fresh 
• Move out from the base should be strong 
• Less than Six candles in the base

Steps to Draw Selling Zones :-
Go from Right to left …. 
• Start with current price on the chart 
• Without cutting through candles look Up and left until you find a strong ( Explosive) Drop in price. 
• Identify whether the formation is a RBD or DBD 
• While marking the zone critical things to watch out for 
• Zone should be fresh 
• Move out from the base should be strong 
• Less than Six candles in the base

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