Hello,
I'm wondering if anyone has an indior that draws a box about x pubs with a maximum range of y.
lets say we're on a 1m chart and we set it for 5 pubs with a high/low range of 5 (or 50) pips it subsequently pulls a box round the five pubs that have transferred a total of less than 5 pips. The high of the 5 bars is included five pips of their low.
I am looking to highlight a ranging market so I guess an alarm would be fine, but I could live without one.
Thank you in advance