I am looking for an indicator that will place so many pips above (stop for sell) and below (stop for buy) from the current price. In other words, if I input 50, the indicator will show one line 50 pips above the current price OR one line below the current price. The location of the stoploss buy/sell line would depend on the current bar type. If the bar is is a long bar, then the stoploss will be below the current price.
The indicator is part of adx ea v3, where the stoploss line appears after a buy or sell is triggged.