Heikin Ashi Market Pressure

[Kinslay]

I need an indicator that calculates the market pressure on Heiking Ashi candles over any period.
I thought this simple calculation:

Example:

in 24h we have 100red and 50 green candles, the indicator will show me these values:
red candles=67%
green candles= 33%

Do you think you can creat this for mt4 and trading station platform?

On attachment the example.

Thanks

[Apprentice]

Your request is added to the development list.
Development reference 796.

[Kinslay]

Your request is added to the development list.
Development reference 796.

Hi Apprentice,

In addition to this, I would like to create an indicator who calculate the volatility of Heiken Ashi candles by chosing the period like a normal average. So there would be the possibility to set up the period of calculation.

The indicator must calculate the average using Maximum and Minimum price. The idea is to have two statistics, one for the red candles and one for the green. The averages, if it's possible, should be shown as numbers.

For example let's consider 4 red candles, the first candle, between the maximum and the minimum, has a volatility of 5 pips, the second of 12, the third of 3 and the fourth of 8.
Red candle average Volatility: 7 pips

Same thing with the Green bullish candles, so at the end the indicator will show two numeric parameters.
- Red candle average Volatility
- Green candle average Volatility

Is important to have possibility of setting up the period of calculation.

[Apprentice]

Task 796.
viewtopic.php?f=17&t=69480

[Kinslay]

Hi Apprentice,

Thanks you for the work done, i've already started to test It and so far seems all good. There is just a little misprint in the text displayed "presure" instead of "pressure", but is just a little thing.

I was thinking also that would be great to have the possibility to choose also the texts colours. Is It possibile to implement this set up option?


I'll do further test and let you know!

Thanks you so much again!!!!

Kind regards.

[Apprentice]

Your request is added to the development list.
Development reference 820.

[Apprentice]

Market Pressure.lua

(4.35 KiB) Downloaded 281 times

market pressure.mq4

(12.97 KiB) Downloaded 273 times

Fixed.