Hello, I would like someone to create an indicator that is similar to an indicator that does not seem to be available for purchase anymore. That indicator is referenced at the end of this description.
I would like the indicator to draw horizontal lines at swing high and low points on the chart, with the following requirements:
· Lines should be drawn beginning at the candle that formed the high/low. Lines should NOT be drawn across the entire width of the screen.
· Multi-Time Frame - Ability to show lines from different time frames on any time frame (e.g., if I’m viewing a 1 minute chart, I should be able to see 15 min, 1 hour, 4 hour, Monthly, all time frame swing hi/low lines on from the 1 minute time frame chart.).
· An on-screen panel with individual buttons for each time frame that can be clicked to toggle on/off (show/hide) lines for each time frame
o Buttons to show/hide each time frame
§ 1M
§ 5M
§ 15M
§ 30M
§ 1H
§ 4H
§ 1D
§ 1W
§ 1M
o Buttons to adjust settings
§ Sensitivity – Defines when to draw high/low lines. How many bars on the left/right of a high/low to create a swing high/low
§ Broken Count – Number of times a line has been broken by price trading through that lines price
§ Broken Bars – Number of times a line has been broken by price closing across that lines price
§ Strength – This would add/remove lines based on whether the line is connected or very close in range to more than one high/low. Essentially equal highs/lows.
o Buttons to adjust the length of lines
§ Extended - Lines extended and drawn all the way to the right side of screen
§ Broken - Lines stop being drawn at the candle that breaks through the line
o Button to only show untouched lines
§ Click once to show all lines including all past lines that price has traded through AND all lines that have never been traded through
§ Click once to show ONLY the lines that price has never touched or traded through yet, and HIDES all the lines that have been traded through
o Button to show/hide price for each line
o Panel anchored so it does not move when opening/closing the Terminal or the Navigator or when adding or removing indicator windows
o X-axis and Y-axis entry fields in Input Settings to position the panel button anywhere on the chart
o Ability to scale the size of the panel bigger or smaller
o Font size for text on panel and panel buttons
· Labels for each line that is displayed on the chart
o Should be displayed to the right side of the chart.
o Labels should display
§ Time Frame that the line is associated with
§ Price level of the line
§ Distance from the line to current price level
§ If the same line is associated with multiple time frames, the labels should be shifted next to each other so that each time frame is legible. The time frames should not overlap.
· Customizations and Options that should be available in the Input Settings
o Number of candles to look back and analyze and print lines for
o Separate line inputs for each Time Frame:
§ 1M High Color
§ 1M Low Color
§ 1M Thickness
§ 1M Style
§ 5M High Color
§ 5M Low Color
§ 5M Thickness
§ 5M Style
§ 15M High Color
§ 15M Low Color
§ 15M Thickness
§ 15M Style
§ 30M High Color
§ 30M Low Color
§ 30M Thickness
§ 30M Style
§ 1H High Color
§ 1H Low Color
§ 1H Thickness
§ 1H Style
§ 4H High Color
§ 4H Low Color
§ 4H Thickness
§ 4H Style
§ 1D High Color
§ 1D Low Color
§ 1D Thickness
§ 1D Style
§ 1W High Color
§ 1W Low Color
§ 1W Thickness
§ 1W Style
§ 1M High Color
§ 1M Low Color
§ 1M Thickness
§ 1M Style
o Label fonts
§ Font size
§ Font color
Video explaining functions of indicator:
https://www.youtube.com/watch?v=cfPTO625wG0
Website that details features of the indicator:
https://theforexarmy.com/support-and-resistance-indicator-for-mt4/
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