Request for new indicator

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Hi - could anyone code an indicator which either paints the bar a different colour or shows an arrow if the bar closes within x% of high or low.

eg:

if bar closes in top 33% (top third) show up arrow or paint bar colour or

if bar closes in bottom 33% (bottom third) show down arrow or paint bar colour

If anyone could do that I can discuss possible strategies for use

Cheers

Lee

 

Hi leeb,

I remember it was some indicator about it. But today is not good day for me: I can not find anything.

Look at this thread as starting point for example:

https://www.mql5.com/en/forum/general

 

Thanks new digital thats an interesting thread but it doesn't seem to have the exact thing I am looking for. Cheers anyway

 

Strong Day

This may be what you are looking for, it tells if the close is of x percent from high or low, for example if the close is grater than %60 for the standard setting then the indicator puts an arrow to say that it is a strong day.

Files:
strongdayochl.mq4  3 kb
 

Hi Newmont, that is what I was after - thanks, will try to elaborate soon when I have used the indicator

 

%Indicators

Good, let me know how you go with this indicator. Its a good idea and may be something that can be improved somewhat.

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