PIP Boxed Indicator Update New Version

[Gidien]

Pip Boxed Indicator.

Each time the price move 50 pips up, it draw a green Cloud.
Each time the price move 50 pips down, it draw a red Cloud.

This Indicator does not take care about time, a cloud is drawn when 50 pips are done whatever the time to reach it.

Is Part of the 50 Pips Candle System found on Forex Factory.

You can set the Pips to your own feeling.


Pic:

Code:

50V1.lua

(3.9 KiB) Downloaded 1665 times

New Version, now it should work on all pairs, 2 or 4 digit Pairs. Older Version only works on 4 digits

The indicator was revised and updated

[Gidien]

Trading Pattern could be:

Taken from Forex Factory Forum:

GG = Long, because Market seems to be in a UP Trend
RR = Short, because Market seems to be in a DOWN Trend
GGR = No Trade
RRG = No Trade
RGR = Long , because Market seems to be in a Range
GRG = Short, because Market seems to be in a Range

[patick]

Y E S

[danielsandrin]

Hi. Why doesn't it work for the gold chart?. When I activate the indicator it doesn't appear in the chart, and if I try to change the parameters, an error sign appears. Thanks

[Apprentice]

Corrected (Temporary Fix).
Author of indicators, did not allow the values above 1000
I've expanded the range to 2000.

But because the pace of gold rises,
two years ago one of my analysis indicated possible growth to $ 1800 per ounce,
I'll have to find a universal solution, when I find time.

[Apprentice]

Universal solution added.

However, I would ask the author to contact me.
I'm not sure whether it achieved what was his goal.
Maybe I can help.

[Apprentice]

Indicator was revised and updated.

[gustavonoves]

Hello. This is my favourite indicator, and I've been trying to use it in Symbols such us JPN225, SPX500 among others, but it doesn't seem to be working. Is there anything I can do? Thanks so much for your help

[Apprentice]

Try it now.