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ProRealTime - help with Support/resistance-indicator!
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ProRealTime - help with Support/resistance-indicator!

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Elite Member
Stockholm
 
Futures Experience: Intermediate
Platform: ProRealTime
Favorite Futures: DAX
 
Posts: 39 since Jul 2015
Thanks: 6 given, 4 received

ProRealTime - help with Support/resistance-indicator!

Hi!

I am trying to program a support- and resistance indicator for ProRealTime.

This is my criteria:

Support = a bar with lower low than the previous five bars and the next five bars.
Resistance = a bar with higher high than the previous last five bars and the next five bars.

The finished result should look much like Johns´s post here (second image): https://futures.io/forex-currency-trading/13614-eurusd-6e-euro-eur-usd-futures-contract-euro-230.html#post498734

This is the code I got so far: (the one for support)
______________________

IF (low[5]< low[0] AND low[5] < low[1] AND low[5] < low[2] AND low[5] < low[3] AND low[5] < low[4] AND low[5] < low[6] AND low[5] < low[7] AND low[5] < low[8] AND low[5] < low[9] AND low[5] < low[10]) THEN

Hogsta = low[5]

ENDIF

Return Hogsta

______________________

The problem is that the lines go from the "0-bar" - which means that they start "5 bars too late". So if I just could adjust them 5 bar in the x-direction.

Thanks in forward!

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