Simple Indicator

Hi,

 i need a very simple indi , it will count the high or low pips from candle open then if the price traces back from to open it will send indicator.

first editable setting will Range , it will define that how much  the price will move from open , suppose range is 100 , candle opens at 1.12300 now if suppose price moves to 1.12400 so the 100 pip range is covered but indi will wait for it to move back close enough to open price , so the second setting will be Trace Back , so if this value is set to 10 , it means after going 100 pips to one direction price moves back 10 pips closer to open price this is the point when indi will send a sound alert and also make a up or low arrow . please see the below example for further clearance.

Range = 200  (editable)

trace back = 20 (editable)

candle open price = 1.12500

price moves high = 1.12700          range is covered

price moves back to  = 1.12520    20 pips closer to open price (trace back value is covered)     Down arrow and sound alert will be sent just as price touches back to 1.12520

Same thing will work when candle goes lower after open then traces back close enough to open price , the up arrow and sound alert will be sent.