Updating 1 pre-made indicator_2005262206

MQL4 Indicadores

Trabajo finalizado

Plazo de ejecución 2 días
Comentario del Ejecutor
Thanks David for support and clear requirements!
Comentario del Cliente
Great thanks for the work! David

Tarea técnica

I have a request of updating a pre-made indicator as followings below.
New indicator will use HH (Higher High) and LL (Lower Low) for Buy / Sell TakeProfit respectively.
Firstly, take a look at below 2 images, please.
In H1 time frame, from 04:00 to 05:00, we can new Resistance.
At this time, price_low[H1] of 05:00 will be used as “Buy StopLoss”.
Finally, Buy StopLoss == 1.22038

And we can get the Lower Low price in the period of 04:00 ~ 05:00 in M5 time frame.
The LL (Lower Low) price is 1.22038 at 05:35 in M5 time frame.

From Fibonacci 100.0 (1.22151, Buy Trigger Line) to Fibonacci 0.0 (1.22038, Lower Low in 04:00 ~ 05:00), Fibonacci 161.8 will be 1.22221 as Buy TakeProfit.


In H1 time frame, from 07:00 to 08:00, we can new Support.
At this time, price_high[H1] of 08:00 will be used as “Sell StopLoss”.
Finally, Sell StopLoss == 1.22205

And we can get the Higher High price in the period of 07:00 ~ 08:00 in M5 time frame.
The HH (Higher High) price is 1.22205 at 08:50 in M5 time frame.

From Fibonacci 100.0 (1.22074, Sell Trigger Line) to Fibonacci 0.0 (1.22205, Higher High in 04:00 ~ 05:00), Fibonacci 161.8 will be 1.21993 as Sell TakeProfit.


For more details, take a look at my document attached, please.
Thanks,
David

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