FXCodeBase.COM: Forex Chart Indicators and Development

Based on request.
viewtopic.php?f=27&p=126494

I am attaching this image thanks for your patience. It is not correct indicator before developed

Try it now.

Try to describe your idea.
If you look at the code, the formula is the same as yours.

Level1[period]=(source.high[period] - 0.0001) - ???((source.high[period]-source.low[period]-0.0001) / 3) ;
Level2[period]= (source.close[period] - 0.0001) - ???((source.low[period]-source.close[period]-0.0001) / 3);
else
Level1[period]=(source.close[period]+0.0001) +??? ((source.high[period]-source.close[period]-0.0001) / 3) ;
Level2[period]=(source.high[period]+0.0001) +??? ((source.high[period]-source.low[period]-0.0001) / 3);
end
i put question marks for the change in the code ,error is in having inverted the + with the - in the codes.

my mistake then in the code red canverddles 2 level ... sorry.

rewrite: blue candles I have to find only two levels of blue / green stop calculation H - 0.0001 + [(H - L - 0.0001) / 3] then C - 0.0001 + [(C-- L - 0.0001) / 3]


red candles I have to find only two red levels
calculation L + 0.0001 - [(H - L - 0.0001) / 3] then C + 0.001 - [(H - C - 0.0001) / 3]

for it to be right there must be two levels per candle same color red candle red or green candle green
I look for an entrance against trend so I want to see where my stops are in reference H, C green candle, in the red candle in reference L, C
Thanks again

Hi, I'm writing to you to know if you could check my annotations of the indicator.
Thanks again

Have a revised indicator formula.
Does not look promising.
Try to use actual price levels, both as input and result.