Can we create a custom indicator like this one?
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Hello,
I want to create an indicator like the picture below.
What i mean: I have my own conditions.I just need to draw the line such as the example of picture.Is it posible?
@miro1360 @l-andorrà @q8carpenter @Xfire or anyone else pls???!
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@fxmich78
This site is more dedicated to make EAs using indicator than to make indicators using other indicators, but it's still possible.
Except if you know all the inputs of this custom indicator, yours is not gonna look exactly the same.
What are your conditions ? -
@seb-0
Thank you for the reply.
I am sharing my try...
I do not want to be always below bars.I know it is a mistake the hole project i made.Just see the conditions.
https://fxdreema.com/shared/XC12CtJMb -
@fxmich78
I would have made it like that : https://fxdreema.com/shared/3PoPleWie
Don't forget to select "Opening prices only" for backtesting. -
@seb-0
The thing is that the line is always below price.
I want something like the picture,so,depending on where the price is (above or below the line,to develop conditions for buys and sells. -
@fxmich78
Not sure to understand.
If you want the entries to depend on the fact that the line is above or below the price, you need another condition i don't know. -
@seb-0
All is ok.I managed it.
Thank you very much for your concern.