wuguy68 wrote:Hi,
Is it possible to build an indicator which shows when the price on a 1-minute chart change by more than 10 pips?
Thanks
Marcus
Hello Marcus,
Maybe we misunderstood your request, but you didn't specify much details. Within the abilities of MarketScope Charts our developers made 2 indicators in LUA which you can use. No official name for this indicator, they just called it "Trigger", if you want you can change the name in source code of LUA. It works in form of Oscillator, 'cause i believe its only way it can be done now.
This indicator analyzes the difference between the prices with amount of N-pips you specify. If price has moved up by more than N-pips then Oscillator draws an up line, if the price has moved down more than by N-pips Oscillator will draw a down line.
There are 2 files, essentially its a same indicator, only difference is the rates that are compared, and it's configured for 10 pips by default.:
SCREENSHOT:
- Screen Shot of this Indicator.
Let me know if this is what you wanted, if not then please be more specific and explain details.
Hope you find it useful Marcus,
Cheers,
TonyMod