Indicator that shows support & resistance with dot

MQL4 Indicators Scripts

Specification

Write an indicator/script that output the following variable:

1. PriceHighBox = #Price_level

2. PriceLowBox = #Price_level

3. PriceBoxDirection = up or down

4. Draw red and blue dots to indicate support and resistance

I'll need the script for this indicator. 

User input:

1. Y pips to define peaks and support,

2. X pips for clearance rule 

Valid scenario A:

A peak has to rise up and down in price by Y amount of pips (user input). Vice versa for support.

[A: The highest price of 3 peaks (for uptrend; 3 peaks cannot be consecutively higher) with [B: one identified support or resistance] that has a [C: clearance more than X pips]. Draw [D: blue dot (below low)] and [E: red dot (above high)] on chart. (see graphic below)

S_A 

 Valid scenario B:

[A: The Lowest price of 3 supports (for downtrend; 3 supports cannot be consecutively lower) with [B: one identified peak] that has a [C: clearance more than X pips]. Draw [D: blue dot (below low)] and [E: red dot (above high)] on chart. (see graphic below)

 SB

 Valid scenario C:

[A: The highest price of 3 peaks (for downtrend; 3 peaks cannot be consecutively lower) with [B: one identified support] that has a [C: clearance more than X pips]. Draw [D: blue dot (below low)] and [E: red dot (above high)] on chart. (see graphic below)

SC

 Valid scenario D:

[A: The Lowest price of 3 supports (for uptrend; 3 supports cannot be consecutively higher) with [B: one identified peak] that has a [C: clearance more than X pips]. Draw [D: blue dot (below low)] and [E: red dot (above high)] on chart. (see graphic below)

 SD

 

 

 

 

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Project information

Budget
10 - 20 USD
For the developer
9 - 18 USD
Deadline
from 1 to 2 day(s)