BollStarc-TC_v2





//+------------------------------------------------------------------+
//| BOLLINGER+STARC (BollStarc-TC.mq4)                               |
//| Copyright © 2006                                                 |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, "
#property link "http://www.   "
//----
#property indicator_chart_window
#property indicator_buffers 5
#property indicator_color1 DimGray // Starc midband
#property indicator_color2 Yellow //Starc upper
#property indicator_color3 Yellow
#property indicator_color4 RoyalBlue //BBupper
#property indicator_color5 RoyalBlue
//---- indicator parameters
extern int BB_Period=20;
extern int BB_Deviations=2;
extern int MA_Period=13; //6
extern int ATR_Period=21; //15
extern double KATR=2;
extern int Shift=0; //1
//---- buffers
double MovingBuffer[];
double UpperBuffer[];
double LowerBuffer[];
double ExtMapBuffer1[];
double ExtMapBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   SetIndexStyle(0,DRAW_LINE,0,1);
   SetIndexBuffer(0,MovingBuffer);
   SetIndexStyle(1,DRAW_LINE,STYLE_SOLID,1);
   SetIndexBuffer(1,UpperBuffer);
   SetIndexStyle(2,DRAW_LINE,STYLE_SOLID,1);
   SetIndexBuffer(2,LowerBuffer);
//----
   SetIndexDrawBegin(0,MA_Period+Shift);
   SetIndexDrawBegin(1,ATR_Period+Shift);
   SetIndexDrawBegin(2,ATR_Period+Shift);
//---- BB start
   SetIndexStyle(3,DRAW_LINE,STYLE_SOLID,1);
   SetIndexBuffer(3,ExtMapBuffer1);
   SetIndexStyle(4,DRAW_LINE,STYLE_SOLID,1);
   SetIndexBuffer(4,ExtMapBuffer2);
//---- 
   SetIndexDrawBegin(3,BB_Period);
   SetIndexDrawBegin(4,BB_Period);
//---- BB ends
   return(0);
  }
//+------------------------------------------------------------------+
//| Bollinger+STARC Bands                                            |
//+------------------------------------------------------------------+
int start()
  {
   int i,k,counted_bars=IndicatorCounted();
//----
   if(Bars<=MA_Period) return(0);
//---- initial zero
   if(counted_bars<1)
      for(i=1;i<=MA_Period;i++)
        {
         MovingBuffer[Bars-i]=EMPTY_VALUE;
         UpperBuffer[Bars-i]=EMPTY_VALUE;
         LowerBuffer[Bars-i]=EMPTY_VALUE;
         ExtMapBuffer1[Bars-i]=EMPTY_VALUE;
         ExtMapBuffer2[Bars-i]=EMPTY_VALUE;
        }
//----
   int limit=Bars-counted_bars;
   if(counted_bars>0) limit++;
   for(i=0; i<limit; i++)
     {
      //STARC Bands
      MovingBuffer[i]=iMA(NULL,0,MA_Period,Shift,MODE_EMA,PRICE_CLOSE,i);
      UpperBuffer[i]=MovingBuffer[i] + (KATR * iATR(NULL,0,ATR_Period,i+Shift));
      LowerBuffer[i]=MovingBuffer[i] - (KATR * iATR(NULL,0,ATR_Period,i+Shift));
      //BBands
      ExtMapBuffer1[i]=iBands(NULL,0,BB_Period,BB_Deviations,0,PRICE_CLOSE,MODE_UPPER,i);
      ExtMapBuffer2[i]=iBands(NULL,0,BB_Period,BB_Deviations,0,PRICE_CLOSE,MODE_LOWER,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
Bollinger bands indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: