## stop signs

If you need an Indicator or Signal developed or translated from other language, please post all Indicator development REQUESTS to this section here.

### stop signs

Hi Apprentice, I ask you if you can create an indicator that automatically calculates two stop levels for a possible entry from my idea. The calculation done this way: red candle (down) second stop level (L + 1) - [(H-L-1) / 3] then first stop level (C + 1) - [(H-C-1) / 3]
green candle (up) second stop level (H-1) + [(H-L-1) / 3] first stop level (C-1) + [(L-C-1) / 3]
This graphically indicated on the candle directly with a red hatch / line (short) for down, green / blue for up or type indicator "bar heigth label" where the calculations (in my case levels) are displayed in figures on the candle.
I hope I was clear for you.
I thank you for your availability
scafcid

Posts: 15
Joined: Fri Mar 09, 2018 9:07 am

### stop signs

I'm sorry I forgot, in the calculation of my request more or less 1 I mean in pips as a figure for example L 1,26768 cacolo 1,26768 + 0,0001 = 1,26778
Thanks again
scafcid

Posts: 15
Joined: Fri Mar 09, 2018 9:07 am

### Re: stop signs

Stop Signs.lua

Only few instruments have visible output, while most have none.

Apprentice
FXCodeBase: Confirmed User

Posts: 23210
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

### Re: stop signs

the variable is H-L and H-C for red candles, and H-L and L-C for green candles must not be more than 4.5 pips alrtimenti the stop will have a final calculation of 0.00001 untranslatable.
Attachments
scafcid

Posts: 15
Joined: Fri Mar 09, 2018 9:07 am

### Re: stop signs

I hope to make myself understood, therefore calculation and red stop signs only with red candles this word L + 0.0001 - [(H-L-0.0001) / 3] and C + 0.0001 - [(H-C-0.0001) / 3 ] while only with green candles green stop signs with this word H-0.0001 + [(H-L-0.0001) / 3] and C-0.0001 + [(H-C-0.0001) / 3] I attach image for make my idea understood.thanks
scafcid

Posts: 15
Joined: Fri Mar 09, 2018 9:07 am

### Re: stop signs

Apprentice
FXCodeBase: Confirmed User

Posts: 23210
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia