Indicator needed

Hi all,

I need an indicator what shows me the "significant" peaks.

Indicator need to watch the candles high. The first candle what wach the indicator is the last candle in the past what is adjusted in the settings window. If the "CandlePast" value is 100 for example then indicator start the process at the 100. candle in the past.

100 - Also indicator start looking the first candle highs in the past (the 100. candle in the past in this example because the CandlePast was 100). Mark this candle as "possible Significant" candle with a "!" above the candle.

99 - If the next (99.) candle high is higher then the 100. candle then remove the "!" mark from the 100. candle and mark the 99. candle as "possible Significant" candle with "!" mark above the candle.

98 - Then watch the next 98. candle.

If the 98. candle high is higher then the 99. candle high then remove the "!" sign from the 99. candle, and mark the 98. candle with "!".

97 - Then watch the 97. candle.

If the 97. candle high is higher from the 98. candle high then remove the "!" sign from the 98. candle, and mark that 97. candle with "!" and etc...


96 - But for example the next candle (the 96.) high is not higher from the "!" signed candle then watch the candles lows.

If this 96. candle low is not lower then the "!" marked low then do nothing, watch the next candle (the 95.).

95 - Check the 95. candle high. If the 95. candle high is not higher than the "!" marked candle, then check the 95. candle low. If the 95. candle low is not lower than the "!" marked candle then do nothing, watch the 94. candle.

94 - Check the 94. candle high. If the 94. candle high is not higher than the "!" marked candle, then check the 94. candle low. If the 94. candle low is lower than the "!" marked candle low, then mark the 94. candle with "X" and go to the next candle (93.)

93 - Check the 93. candle high. If the 93. candle high is not higher than the "!" marked candle, then check the 93. candle low. If the 93. candle low is not lower than the "X" marked candle then do nothing, watch the 92. candle.

But if the 93. candle low is lower than the "X" marked candle low, then mark the 93. candle with "X" and go to the next candle (92.) (I have a picture from this method)

And follow this method until the indicator can't find as much lower lows candle from the last "!" marked candle as adjusted in the settings window "CandleNumber". If we have as many lower lows candle as adjusted in the settings window

"CandleNumber" (and we have no higher highs candle from the "!" marked candle meanwhile what restart the process) then replace the "!" marked candle sign with a down arrow sign permanently (and we have one significant peak). Leave the "x" mark on the chart bye the candles.

And start this whole process from the beginning! Check the next candle high as long as the candle high is not higher then the a down arrow signed candle. If we have a higher high from the down arrow signed candle then mark it with "!" (do not remove the down arrow from the down arrowed candle) and check further the candles for highs/lows etc....as we does not arrive to the current moving candle.

Configuration options:

"CandlePast" - If the "CandlePast" value is 100 for example then indicator start the process at the 100. candle in the past.

"CandleNumber" - how many lower lows candle needed from the last "!" marked candle to mark the "!" marked candle with down arrow.

Who can make it?