could you please make this to MTF?
dearest MRTOOLS and all other seniors,is there any other indicator (other than this ----- Fractals - adjustable price breakout _mtf+alerts nmc.mq4) that draw small lines or dashes on chart,at previous lows in up trend and previous highs in down trend,i want use it for breakouts.
You can try some zigzag based support resistance indicator
Check this thread for start : https://www.mql5.com/en/forum/177227
I would request you to please convert this to histo version please.
Here is a histogram version : adaptive_ema_variation__filter_2_mtf_histo.ex4
Thanks, Mladen, You are the best
can you please ,make it draw lines rather than arrows (red and blue ones-v1 and v2) for to reduce some rush on chart.i want use it as previous low in buy and previous high in sell as break out,also can you limit it 3 to 10 bar line draw function for to short the line,long line is not necessarily needed.so much thanks.
If he limits the lines length, it will not show the values correctly
with respect,thanks for your guidance,i read all this thread and try to search, what i required but failed,actually i needs a indicator for my EA that draw lines at previous low in up trend and previous high in down trend,this specific indicator i want use for trailing stop,TS should move at these low high levels rather than numbers of pips.and trade should be close when price break these low high levels......in the picture,assume my last TS was at 1.1179 and then blue colored candle braked the previous high so trade should be closed when price touch 1.1178 with the help of this indicator
PLEASE help me and guide,so much thanks.
Why don't you try to use some moving average as a trailing stop?
Oldie but goodie
I think you are looking for this support and resistance.