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I need an indicator made that marks a green symbol when a candle closes above the high or below the low of the last candle by 1 full pip
the indicator should also mark a red symbol when a candle closes below the high or above the low of the last candle by 1 full pip
if you can create this fairly simple indicator for me, I have another, slightly more complex indicator that I need made, but will require a live example to really show you the concept
The second indicator is designed to keep track of trend by using engulfing candles, highs and lows of the range between the engulfing candle from before and the next engulfing candle in the opposite direction to create levels, using engulfing candles to break levels and reposition them at the top of the candle that broke the level, etc.
As you can see, the second one is a bit more complicated and will require a live example to understand
I need both indicators to work in MT5. I can add a bonus in if you can make them work in MT4 as well.
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