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1st indicator
The first method is to combine and express all the data for TF of the desired chart after estimating UP TICK and DOWN TICK. For example, regarding the M5 chart, the values expressed by using the following equation for the data of UP TICK and DOWN TICK are combined and expressed for five minutes. It must be possible to express not only the current data but also the one for the past three months. Also, it must be possible to change TF of the indicator like M1, M5, M15, M30, M60 and D1. The indicator is similar to Volume Power. If the above matter is possible for you, please share your opinion.
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2nd indicator
The indicator for making expressions on the chart by putting another chart with a different currency pair in the basic chart is used. The problem is that it is hard to visually recognize the entire part outside the chart. Also, it is not easy to find the part with Cross Up or Cross Down. For example, when USDCHF is put in the basic chart of EURUSD through the indicator mentioned above, the candle of USDCHF often goes out of the screen. As a result, it is hard to recognize the entire part. The objective of the plan is to easily check the flow between two currencies on the chart or Sub_Window. For example, in order to observe the flow between the currencies of EURUSD and USDCHF, it is possible just to check the chart or Sub_Window. Therefore, as mentioned above, it is necessary to basically apply expressions on the chart in order to make it possible to recognize the entire part of the indicator. However, it is also necessary to apply additional expressions on Sub_Window at the same time. It is important to express the point with Cross Up / Cross Down between EURUSD and USDCHF on the chart and Sub_Window. It is thought that the expression method can simply be the DOT type.
● The standard for the occurrence of ‘Cross Up / Cross Down’ is shown below.
Cross Up = Price Close of EURUSD > Price Close of USDCHF
Cross Down = Price Close of EURUSD < Price Close of USDCHF
(The price close of USDCHF can be confirmed through the indicator which has been mentioned.) As it is possible to select the shape of the chart for MT4 among bars, candles and lines, it is necessary to select the shape of the indicator as the desired one on the chart.
** I will send you the request details of this indicator by e-mail.(including picture) **