Hi there,
I Would like the following indicator to be built...
Multi Time Frame Support/Resistance lines, with specific requirements.
Resistance Lines to be drawn ONLY on BULLISH WICKS that have not been touched by price.
Support Lines to be drawn ONLY on Bearish WICKS that have not been touched by price.
Each Support/Resistance line must have a label stating Support/Resistance and from which timeframe.
Example 4H Resistance must be labelled 4H Resistance, so it can be identified as 4H resistance on lower timeframes.
When Price Touched/Closed on Resistance/Support line = Message Box Alert, Mobile Alert, E-mail Alert.
Support/Resistance lines shown on chart are limited to candle look back, (This is to keep the chart clean from many horizontal lines, the number of candle look back will determine how many S/Rs are on the chart.)
Settings Option to have the following Options;
Number of Candle Look Back = (How many candles it should look for previously Support/Resistance lines for that have not been touched)
Number of Candle Periods = (How many candles minimum before Support/Resistance is drawn.
Example1 Support (If the period is set to 2 Minimum candle then Support line will be drawn on candle wick when 2 minimum candles FORM ABOVE THE WICK)
Example2 Resistance (if the period is to 3 Minimum candle then Resistance line will be drawn on candle when 3 minimum candles FORM BELOW THE WICK)
Alert Option = Alert on Candle Touch / Alert on Candle Close.
Timeframe 1 - (None, 1m, 5m, 15m, 1h, 4h, Daily, Weekly, Monthly)
Number of Candle Look Back
Number of Candle Periods
Time frame 2 - (None, 1m, 5m, 15m, 1h, 4h, Daily, Weekly, Monthly)
Number of Candle Look Back
Number of Candle Periods
Timeframe 3 - (None, 1m, 5m, 15m, 1h, 4h, Daily, Weekly, Monthly)
Number of Candle Look Back
Number of Candle Periods
Timeframe 4 - (None, 1m, 5m, 15m, 1h, 4h, Daily, Weekly, Monthly)
Number of Candle Look Back
Number of Candle Periods
Enable/Disable Message Box Alert
Enable/Disable Mobile Alert
Enable/Disable Email Alert
I have Attached Screenshots of the explanation of everything.
I will require the file for MT4 & MT5.
if you do not understand please ask me any questions.
Thank you
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