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WeeklyPivot Distance


cubicrey

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Hi All,

 

Could someone kind enough to write a simple indicator showing the real time pips difference between current candle and the weekly pivot. I attach the weekly pivot and magnified market price indicators for your ease to modify, if possible. This indicator help us for visual alert and gauging the high probability market reversal (either major or minor retracement) if the price more than 100 pips away from weekly pivot.

 

 

Thanks in advance.

 

reyna

All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring
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Re: Help. to write an indicator

 

Anything for my dear Reyna.

 

It's nice of you to post both indicators. I just need copy paste things here and there, which quite fast. It took only around 10 minutes for a newbie coder like me. :D

 

A very helpful way in asking help :D

 

Anyway, here's the indicator. I used different object name, so you could use this with the MMPrice also.

 

Regards,

Ore no Shinka Hikari yo Hayai. Zen Uchi o Nani no Mono Ore no Shinka Chuito Kore Nai.

Ten no Michi yo Iki. Subete o Sukosadoru Otoko.

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Re: Help. to write an indicator

 

Almost forgot.

 

If price is above pivot then a "+" is there. If below pivot then a "-" is there. It's quite helpful when viewing smaller TF where the price has been quite far away from the pivot.

 

Regards,

Ore no Shinka Hikari yo Hayai. Zen Uchi o Nani no Mono Ore no Shinka Chuito Kore Nai.

Ten no Michi yo Iki. Subete o Sukosadoru Otoko.

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