Can Anyone Help with an indicator idea
Hi, I have an idea for an indicator based on Elliot wave method of analyzing the markets. Basically, the method strives to determine when demand/supply has entered the market by summing up the volume on individual waves. To make things simple and straightforward, I propose using a normal MT4 zigzag indicator for the waves. The indicator I need will use the standard MT4 cross-hair to sum up all the volume on the bars I pick out, and probably write out the summation alongside the number of bars, number of pips and price level that the cross-hair usually shows. I have no idea of coding so please pardon me if trying to use or mimic a cross-hair like that is dumb.
- Indicators with alerts/signal
- Volume Indicator No Supply No Demand needed
- [WARNING CLOSED!] Any newbie question, so as not to clutter up the forum. Professionals, don't go by. Can't go anywhere without you.
So you have no idea of coding yet you know how to make it "simple and straightforward" ? if you can make it so "simple and straightforward" why not simply code this "simple and straightforward" indicator yourself ? OK you have to learn a few "simple and straightforward" things about mql4, for example: The Book & the Documentation . . . but these are both "simple and straightforward" . . enjoy.
By the way . . there is no Volume on MT4 . . . what is called "Volume" should actually be called Tick Count.
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