Period Extreme

[Apprentice]

Buy
Signals and/or Trade are given when the value of the current candle exceeds the high of the previous one
Sell
Signals and/or Trade are given when the value of the current candle drops below the low of the previous one

The indicator is customizable, you can set some other periods.
Defalt value is 0.
0 = Higher / Lower then previous Candle extreme.
1 = Higher / Lower then Max / Min of Two previous Candle extreme.
....
And so on.

Period Extreme.lua

(2.66 KiB) Downloaded 929 times

The indicator was revised and updated

[Alexander.Gettinger]

MQL4 version of Period Extreme indicator: viewtopic.php?f=38&t=61496.

[virgilio]

Dear Alexander this is really nice! Could you add the option of having the strategy trigger buys/sells orders as soon as the breakout occurs instead of waiting the end of the candle?

[Apprentice]

What is the platform of yours interests.
Marketscope or Metatrader.

[virgilio]

Marketscope 2.0

[Apprentice]

Your request is added to the development list.

[Apprentice]

The indicator was revised and updated.

[Apprentice]

Try this strategy.
viewtopic.php?f=31&t=5091&hilit=Period+Extreme