I was wondering if anyone has
oscillator type MT4 indicator that shows the
distance between the price and the Kijun line. In my opinion it can help to identify
turning points on the market. I found one for tradingview here but not for mt4:
https://www.tradingview.com/script/NO7iojej/
My 'dream indicator' would show the price-kijun distance only, with optional alerts for the extremes. (There is no need for the color option or the tenkan-kijun option the tradingview indicator has.) If anyone could share such indicator or source code I would be really grateful. Thank you.