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Midpoint Range Indicator

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Daniel
14
Daniel  

Based on the 3 day range technique (including midpoint) I noticed that in forex the midpoint from the previous day, week and month acts as a very reliable level of support and resistance (specially weekly midpoint) sometimes even better than high and low levels and central pivot point. And of course the 3 day range midpoint is still a great S&R level to determine intraday trend direction on breakouts or rebounds.

I'm using an indicator for MT4 (attached) that plots previous day, week, month high and low levels and was wondering if anyone can help on how to make the indicator to plot also the midpoints of theses ranges?

Any help would be appreciated

Cheers!

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