BrainTrend1StopLine_v1





/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------------------------------------+
//| BrainTrend1StopLine.mq4 |          
//| BrainTrading Inc. System 7.0 |
//| http://www.braintrading.com |      
//+------------------------------------------------------------------+
#property copyright "BrainTrading Inc. System 7.0"
#property link "http://www.braintrading.com"

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Magenta
#property indicator_color2 Aqua
//---- input parameters
extern int NumBars=500;
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(1,ExtMapBuffer2);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----

//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
//----

double value2=0;
double value3=0;
double value11=0;
double x1=70;
double x2=30;
double i1=0;
double TrueCount=0;
double Counter=0;
double Range=0;
double AvgRange=0;
double MRO1=0;
double MRO2=0;
double val1;
double val2;
int shift=0;
double abrs=0;
double p=0;
double r=0;
double s=1.5;
double value4=0;
double value5=0;
double f=7;
double d=2.3;
double range1=0;
double r1=0;
double h11=0;
double h12=0;
double h13=0;
double const=0;
double orig=0;
double st=0;
double h2=0;
double h1=0;
double h10=0;
double sxs=0;
double sms=0;
double temp=0;
double h5=0;
double r1s=0;
double r2s=0;
double r3s=0;
double r4s=0;
double pt=0;
double pts=0;
double r2=0;
double r3=0;
double r4=0;
double tt=0;

st=1;
if (st == 1)
{
value11 = 9;
x1 = 53;
x2 = 47;
if (Bars < NumBars) abrs = Bars - 11; else abrs = NumBars - 11;


shift=abrs;

while(shift>=0)

{
Range = iATR(NULL,0,f,shift);
range1 = iATR(NULL,0,10,shift);
value2 = iStochastic(NULL,0,value11,value11,1,0,0,0,shift);
val1 = 0;
val2 = 0;
if (value2 < x2 && MathAbs(Close[shift] - Close[shift + 2]) > Range / d && p != 1 )
{
value3 = High[shift] + range1 * s / 4;
val1 = value3;
p = 1;
r = val1;
ExtMapBuffer1[shift]=val1;
ExtMapBuffer2[shift]=EMPTY_VALUE;

}
if (value2 > x1 && MathAbs(Close[shift] - Close[shift + 2]) > Range / d && p != 2 )
{
value3 = Low[shift] - range1 * s / 4;
val2 = value3;
p = 2;
r = val2;
ExtMapBuffer1[shift]=EMPTY_VALUE;
ExtMapBuffer2[shift]=val2;


}
value4 = High[shift] + range1 * s;
value5 = Low[shift] - range1 * s;
if (val1 == 0 && val2 == 0 && p == 1)
{
if (value4 < r)
{
r = value4;
ExtMapBuffer1[shift]=r;
ExtMapBuffer2[shift]=EMPTY_VALUE;

}
else
{
r = r;
ExtMapBuffer1[shift]=r;
ExtMapBuffer2[shift]=EMPTY_VALUE;

}
}
if (val1 == 0 && val2 == 0 && p == 2 )
{
if (value5 > r )
{
r = value5;
ExtMapBuffer1[shift]=EMPTY_VALUE;
ExtMapBuffer2[shift]=r;

}
else
{
r = r;
ExtMapBuffer1[shift]=EMPTY_VALUE;
ExtMapBuffer2[shift]=r;

}
}
shift--;
}

}


//----
return(0);
}
//+------------------------------------------------------------------+ 



Sample





Analysis



Market Information Used:

Series array that contains close prices for each bar
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar


Indicator Curves created:

Implements a curve of type DRAW_LINE


Indicators Used:

Indicator of the average true range
Stochastic oscillator


Custom Indicators Used:

Order Management characteristics:

Other Features: