I need a simple indicator that will highlight candles that have moved a specified (input) number of points between the opening and closing price.
I should be specify (input) on how many candles this calculation will be made.
The highlight should be green for an overall up movement and red for an overall down movement.
The indicator should highlight this as the chats move, say for instance, if the last 3 candles including the current candle have moved a specified 50 points up, this should be immediately highlighted and if the number of points decrease below the specified 50 points before the current candle closes, this highlight should be removed.
Successful moves should remain highlighted in history so I am able to go back and study the behavior of the momentum to help successfully predict binary options.
The highlight should be applied on candles depending on the time frame of the chart the indicator is applied on.
Also, a pop-up alert should be given immediately when a successful highlight has been made when the current candle closes.
I should be able to back-test this indicator using the strategy tester.
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