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I want to improve an indicator which draws waves into the chart. The code already exists and works, the waves are drawn as shown in the attached screen shot (current-chart-objects.png). I will share the .mq4 file after the developer has confirmed the job.
In the chart (current-chart-objects.png) you can see:
1. Blue and red drawings above and below the price. They are kind of SAR parabolics but calculated by ATR. Each red line is calculated by (price - 2.5 * ATR) and blue lines are calculated by (price + 2.5 * ATR).
2. Yellow wave lines connecting highs and lows. They are calculated on each flip of the ATR parbolic (red2blue flip / blue2red flip). If red2blue flip appears it calculates all bars within the last red sequence (from the current flip red2blue to the previous flip blue2red) and takes the lowest price from it as the low. Accordingly vice versa the blue2red flip takes all bars of the last sequence (from the current blue2red flip to the previous red2blue flip) and uses the highest price as a high.
Its pretty simple how the waves are generated.
What i need now are additionally drawn objects within the chart (new-chart-objects.png) instead of green arrows it has to show blue dot (below the price) and red dot (above the price). The new objects (dots) has to be drawn by specific wave conditions, which i mention with in the screen shot.
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Arabuluculuk
18
56%
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17%
Arabuluculuk
30
37%
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23%
Arabuluculuk
155
20%
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52%
Arabuluculuk
16
50%
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38%
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