from what it sounds like your are decribing support and resistance lines (also caled trendlines), to draw them , in the metatrader platform, at the top click insert, lines, trendline, then you can connect the highs and the lows.
if you wish to automate this strategy, (i'm assuming your farmilliar with metaeditor) in the navigation click search, and search for
ihigh
ilow
thoose functions will help you in automating trendlines.
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