Download MetaTrader 5

Indicators: Price Change Indicator

To add comments, please log in or register
Searching on MQL5.community is performed in all sections. Try it!
MetaQuotes Software Corp.
Moderator
181346
MetaQuotes Software Corp. 2010.06.23 07:46 

Price Change Indicator:

A simple indicator that shows the price change, in pips, per candle.

Author: Shon Shampain

MQL4 Comments
16319
MQL4 Comments 2012.04.09 08:24  
Hi,

Are you still around?


I find the principal of the indi very useful, but I wonder if you could add the following:
Instead of compareing the recent price with the previous bar (i.e. 1 bar back) I would like to compare it to "X" bars back in time.
What I mean is compare with maybe the closing price 15, 30, 45 or 60 bars back. Or what ever you find most usefull.
Note, it´s not a question of moving average X bars back. It should compare with THE BAR exactly X bars back!
The number of bars back should be optional in the indicator, so that you could easily compare different options.

Hopefully you understand what I mean, and I´m looking forward to hearing from you.

Best regards
lc4077lc
Marcus Smith
490
Marcus Smith 2012.05.05 23:49  

Hi your indicator is exactly what ive been looking for but i was wondering if you could alter the display so it is a histogram (Similar to below)??


Ideally "0" would be the candle open then the histogram shows how far up/down the candle has travelled.


Any help would be greatly appreciated.


marvelles@gmail.com

To add comments, please log in or register