//+------------------------------------------------------------------+
//| Bands+Fibo.mq4 |
//| |
//| |
//+------------------------------------------------------------------+
#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 Blue
#property indicator_color2 Green
#property indicator_color3 Green
#property indicator_color4 Red
#property indicator_color5 LightSeaGreen
#property indicator_color6 Red
#property indicator_color7 LightSeaGreen
//---- indicator parameters
extern int BandsPeriod=20;
extern int BandsShift=0;
extern int PeriodsATR= 20;
//---- buffers
double MovingBuffer[];
double UpperBuffer[];
double UpperBuffer2[];
double UpperBuffer3[];
double LowerBuffer[];
double LowerBuffer2[];
double LowerBuffer3[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE,STYLE_DOT);
SetIndexBuffer(0,MovingBuffer);
SetIndexStyle(1,DRAW_LINE,STYLE_SOLID);
SetIndexBuffer(1,UpperBuffer);
SetIndexStyle(2,DRAW_LINE,STYLE_SOLID);
SetIndexBuffer(2,LowerBuffer);
SetIndexStyle(3,DRAW_LINE,STYLE_SOLID);
SetIndexBuffer(3,UpperBuffer2);
SetIndexStyle(4,DRAW_LINE,STYLE_SOLID,2);
SetIndexBuffer(4,UpperBuffer3);
SetIndexStyle(5,DRAW_LINE,STYLE_SOLID);
SetIndexBuffer(5,LowerBuffer2);
SetIndexStyle(6,DRAW_LINE,STYLE_SOLID,2);
SetIndexBuffer(6,LowerBuffer3);
//----
SetIndexDrawBegin(0,BandsPeriod+BandsShift);
SetIndexDrawBegin(1,BandsPeriod+BandsShift);
SetIndexDrawBegin(2,BandsPeriod+BandsShift);
SetIndexDrawBegin(3,BandsPeriod+BandsShift);
SetIndexDrawBegin(4,BandsPeriod+BandsShift);
SetIndexDrawBegin(5,BandsPeriod+BandsShift);
SetIndexDrawBegin(6,BandsPeriod+BandsShift);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Bollinger Bands |
//+------------------------------------------------------------------+
int start()
{
int i,k,counted_bars=IndicatorCounted();
double deviation;
double sum,oldval,newres;
//----
if(Bars<=BandsPeriod) return(0);
//---- initial zero
if(counted_bars<1)
for(i=1;i<=BandsPeriod;i++)
{
MovingBuffer[Bars-i]=EMPTY_VALUE;
UpperBuffer[Bars-i]=EMPTY_VALUE;
UpperBuffer2[Bars-i]=EMPTY_VALUE;
UpperBuffer3[Bars-i]=EMPTY_VALUE;
LowerBuffer[Bars-i]=EMPTY_VALUE;
LowerBuffer2[Bars-i]=EMPTY_VALUE;
LowerBuffer3[Bars-i]=EMPTY_VALUE;
}
//----
int limit=Bars-counted_bars;
if(counted_bars>0) limit++;
for(i=0; i<limit; i++)
MovingBuffer[i]=iMA(NULL,0,BandsPeriod,BandsShift,MODE_SMA,PRICE_CLOSE,i);
//----
i=Bars-BandsPeriod+1;
if(counted_bars>BandsPeriod-1) i=Bars-counted_bars-1;
while(i>=0)
{
sum=0.0;
k=i+BandsPeriod-1;
oldval=MovingBuffer[i];
deviation=iATR(NULL,0,PeriodsATR,i);
UpperBuffer[i]=oldval+deviation*1.618;
UpperBuffer2[i]=oldval+deviation*2.618;
UpperBuffer3[i]=oldval+deviation*4.236;
LowerBuffer[i]=oldval-deviation*1.618;
LowerBuffer2[i]=oldval-deviation*2.618;
LowerBuffer3[i]=oldval-deviation*4.236;
i--;
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Moving average indicator
Indicator of the average true range
Custom Indicators Used:
Order Management characteristics:
Other Features: