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Hello!
Im in need of a new type of indicator(s) and hopefully someone of you guys here can help me.
You see, I often use higher timeframes to determine trend with horizontal lines (trading supply and demand) and everytime after i drawn my supply/demand zones and then change the timeframe to a lower one looking for a "trigger" pattern the horizontal line doesn't keep in the exact place it originally was drawn, then i always have to redraw the horizontal line and its taking alot of time/effort from my trading.
I would like an indicator that copies specific named horizontal lines (ex: in the description its named support or resistance, but i should be able to determine this myself) from a "source" timeframe to a "target" timeframe. The description, level and color should be the same as the source timeframe.
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EX:
i draw a horizontal line on my "source" timeframe, USDJPY, 1H, on 117.560 and names it "resistance" (or whatever i determine) then it should automatically appear on my "target" timeframe aswell, in this case, USDJPY, 5m, at the same level, 117.560.
Everytime the line changes level on the source timeframe the line on the target timeframe should automatically update to the same level. (preferably quite fast)
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*The indicator should be able to update two lines (named differently) at the same time, and whenever the price of either of these lines doesn't match the levels on the source timeframe it should update to the right levels.
*I often use renko charts for my trading to determine my support/resistance aswell and i would like the indicator to be compatible with copying a horizontal line from a renko source timeframe and paste it on a target timeframe of my choosing without any problem.
i hope everything is clear about what's needed to be done and im looking forward for your offers.
Thanks
~Raw
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