Hello 
is there anyone here who can create an MT4 custom indicator for free? base from my idea, it is actually simple, it only involves simple mathematics and shows the values of it on the chart.
Thank you NewFx, however i already have tons of Mt4 indicators since i’m a big fan of mt4 platform
i’m looking for someone who can help me create an indicator base from my idea. I really wish I know something about source codes but my knowledge is limited here therefore i’m hoping someone can help me
Why not post on freelance programming sites like Elance.com or RentACoder? Since I myself know only a bit of programming, I sometimes tend to outsource some of my scripting jobs to the coders out there.
If it’s urgent, you can post your requirements up there, invite bids and pick the one with the fastest turnaround. You can get your script done professionally for ‘almost’ free … low cost, of course 
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What’s your idea?
I code MT4 indicators almost everyday.
I give them away for FREE.
PM me if you like.
Thank you NewFx for that info i will be checking that resource
What’s your idea?
I code MT4 indicators almost everyday.
I give them away for FREE.
To: TheRumpledone, i really appreciate if you can create an indicator base on this idea:
It’s very simple,
i need an indicator that is able to show the percentage a retracement or reversal has acquired within a trend. Here is an example on a daily TF of GBP/JPY:
Let’s say i want to start 24 bars after the current bar, which has a High record of 228.36 and a Low of 204.58. First and foremost the indicator will calculate the range between the highest value and lowest value which has a difference of 2378 pips.
228.36-204.58=2378 pips.
As you can see on the image it is downtrend starting from the arrow, sooner or later we will expect a retracement. And so lets give an input to the indicator that will alert us in case the retracement has reached a particular percentage of the total 2378 pips. Like we put 25%, twenty five percent of 2378pips is 594.5 pips then that means in case the closing price has reached 210.53 (Low204.58+594.53=210.53) it sounds an alert. But in case it didn’t the indicator will just about continue to read new records like if the trend hits a new record low then it calculates the range of the high and new low value then recalculates 25% of the whole. Also for added support the indicator displays the aggregate percentage the reversal has covered like the reading shows 87% (517.24pips) of the 25% (594.53) of the whole range is reached. The purpose of the reading is subjective.
basically it is simple mathematics, this helps me to justify a given limit where i want to quit a trade or not if it has reached a designated percentage.
I am not sure if there is already an indicator made like this but since i’m a newbie i thought of asking someone who could fashion me an indicator that could augment my way of trading. By the way pardon me if my explanation is confusing i can re-try summarizing the whole concept if it need be:)
Hi TheRumpledOne, i tried to PM you or send email. Hope you you can help me with the indicator.
Thanks again