Share an idea and I will make a free indicator for you - page 2
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Indicators can not place orders.
I guess it would have to be a script or an EA then.
Well, it's still a good idea. :)
RSI Candles Indicator
User sets period, levels, and colors. When candle closes above or below defined level, color of candle changes to user's desired color to indicate price has closed above or below that level. If possible, a special symbol, such as a circle, can also appear above a candle when divergence happens, but only when divergence happens in oversold or overbought conditions as it is most effective therein.
Volume Candles Indicator
High volume candles appear in a different color. Volume can be measured by pip ticks rather than using standard volume. High volume candles usually indicate a possible reversal sometime within the near future. Such candles should only appear where it makes sense as too many of these candles would lead to confusion and defeat the purpose of the indicator. In other words, it is best to be conservative.