Retracement from daily Hi/Lo

 

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!

 
thescorpiusgrou: I would like to do something simple and straightforward -
  1. If it's "something simple and straightforward," why haven't you done it?
  2. https://www.mql5.com/en/forum/188856#comment_4795367
Reason: