I need an indicator which sends an email allert when the market has been moving within an indicated range.
My inputs to this indicator would be: the asset, the time frame and the amount of pips for the range: Example:
asset: EURUSD / Time frame: 5m / Number of closed bars 5 / range: 4 pips
This means that the market has been moving within a range of 4 pips. It has not reached outside that range at anytime. It reaches certain high and then goes down or vice versa.
I need to see this indicator working exactly as indicated above, otherwise I will not pay.
Notice that I should be able to input the pips in the range and then given a number of periods the price should be moving within that range for me to get notified.