FreelanceSeções

Indicator for Double/Triple Bottom/Top

MQL4 Indicadores

Trabalho concluído

Tempo de execução 97 dias

Termos de Referência

The principle is to look for support/resistance zones with identifying a narrow range turning the price more cases. Please note the pic attached. This example shows that the price 3 times produced a low point in a very narrow range of 1,6 pips, and the RSI was 2 times oversold.
I need a visualization by the indicator as it is shown in the attachment and also an alarm after closing the last candle.
External variables: Min number of candles to find the pattern within, RSI oversold/overbought thresholds, Range of the lows/highs in Pips.
The software should check the highs and  the lows of the candles, and the RSI works as a filter, at least one of the bottoms/tops should be associated with oversold/overbought RSI. Please take a look at the pic. The visualization should be as attached.A horizontal line should be on the chart, starting from the beginning of the first found candle to the last.  The price level where it is visualized is the average of the biggest and the smallest price levels of the formation(see picture).

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