four wicks for support and resistance

• 02/28/2021 at 8:55 AM #162742
  tonbijl

  i am looking for a code to trace four wicks as support and resistance

   

  For the support signal I search in a range of maximum 8 candels where I want a signal if a connection can be made by a horizontal line with 4 candels that have a upper wick as in the picture

  For the resistance signal I search in a range of maximum 8 candels where I want a signal if a connection can be made by a horizontal line with 4 candels that have a tail wick as in the picture

   

  

  tonbijl

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  02/28/2021 at 9:15 AM #162746
  Vonasi

  I think this indicator that I coded a while back might do what you want:

  https://www.prorealcode.com/prorealtime-indicators/tested-levels-indicator/

  

  Vonasi

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  02/28/2021 at 9:48 AM #162750
  tonbijl

  I am really looking for a candel range of 8 candels, where a signal is given to 4 times support or resistance as this stratagy is intended for a 100 ticks time frame reversal trading

  

  tonbijl

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  02/28/2021 at 11:53 AM #162757
  Vonasi

  Change the indicator settings to:

  p = 8 tests = 4

  1 2	p = 8 tests = 4

   

  

  Vonasi

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