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 Post subject: Support & resistance custom indicator
PostPosted: Thu Mar 29, 2012 1:57 pm 
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Joined: Wed Feb 29, 2012 5:53 pm
Posts: 31
I can't understand how this IB works ?! For example I want to create custom indicator for support and resistance as follows:
If close shift3 is higher than close shift4 and 5 and 2 and 1 draw a redline above shift 3 high as it's resistance and viceversa for support. But there is no comparisons at all on TB unlike the SB. It's just blind equations that draw lines all across the chart not in certain areas. So pls advice how can I establish such indicator using the IB??
Thanks


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 Post subject: Re: Support & resistance custom indicator
PostPosted: Thu Mar 29, 2012 2:51 pm 
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Joined: Tue Dec 22, 2009 12:22 am
Posts: 1761
The Indicator Builder for metatrader was designed to show continuos signals that could be used in comparisons in the Strategy Builder. Since some users want to use it like you, we will be adding the features to make the comparison - probably at the end of the summer


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