thescorpiusgrou: I would like to do something simple and straightforward -
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Hey all,
I'm new to MT and to this forum, so any and all help is appreciated.
I would like to do something simple and straightforward - calculate various retracements from the current daily hi/lo as price continues to update throughout the day.
So for example, if at 10am central the current range in crude oil is from 52.50 - 53.50, I would like to calculate my retracement % as a variable, whether it be 10% from hi or low, 20%, 30%, etc. And then as price continues to move vertically, the retracement % values continue to update as well.
Thanks for your help!