Daily range projection indicator?
This one https://www.mql5.com/en/forum and https://www.mql5.com/en/forum/172904/page4
and those two
https://www.mql5.com/en/forum/172904/page5
But I am not sure ... if you are looking for forecasting so it may be those 3 indicators.
Wow that was quick, at first sight the first indi looks nice, thank you very much.
But is it repainting?
And maybe there's more out there?.
Not repainting: not for past bars, not for future bars (at least - 2 of them). And because of that indicators can be backtested on the chart.
More is here:
Thanks for your reply.
Hello guys,
I'm looking since a long time for a daily range projection indicator, which draws two lines on the chart where trend reversals are most likely its a better indicator than daily support and resistance lines -and it is also great for counter trend trading.
Attached is an example of such an indicator (the two red lines) but I couldn't find such indicator for MT.
It would be great if you could help me.
Maybe a similar indicator for MT4 is out there??