I'm looking for the mt4 indicator that will identify the bar (candle) which has higher high (HH) and lower low (LL) then the previous bar. Thank you for any help.
Use Fractals indicator as well as 50 period SMA
What about zigzak?
Maybe I did not make myself clear but thats not what I'm looking for.
I was asking about indicator that points a candle in the chart (one single candle) that has BOTH - higher high AND lower low when compared to the previous candle (one previous candle) - in other words - engulfs the previous candle.
if( high[i+1] > high[i] ) BH = true;
if( low[i+1] > low[i] ) BL = true;
if( BH == true && BL == true ) Previous_Bar[i+1] = ...;
if( high[i+1] > high[i] && low[i+1] > low[i] )
Previous_Bar[i+1] = ...;
Thanks for your help, but unfortunately I'm not a programer and I don't know what to do with that... :(
Can you do some magic and "build" an indicator from that please? Thx.