// +------------------------------------------------------------------+
// | The percentage indicator basis on break |
// | of the dynamic price channel |
// | BDPC_Percent.mq4 |
// | Copyright © 2004, OfficeFX Group |
// | http: // officefx.nm.ru |
// +------------------------------------------------------------------+
#property copyright " Copyright © 2004, OfficeFX Group "
#property link " http:// officefx.nm.ru "
#property indicator_chart_window
#property indicator_buffers 3
#property indicator_color1 Yellow // BUY signal
#property indicator_color2 Blue // BUY signal
#property indicator_color3 Red // SELL signal
//----Indicator Buffers--------------------------------------------+
double DynamicLineTrend []; // Data buffer for dynamic line trend
double BUYSignals []; // Data buffer for BUY signals
double SELLSignals []; // Data buffer for SELL signals //----User defines-------------------------------------------------
+ extern int Percent=15; // Percent dynamic channel extern int MaxPeriod=50;
// Maximal period for calculate trend
//----Variables----------------------------------------------------+
int Sshift=0;
// Current bar for calculate trend //
+------------------------------------------------------------------+
// | Custom indicator initialization function | // +
------------------------------------------------------------------+ int init () {
//----Indicators---------------------------------------------------+
SetIndexStyle (0, DRAW_LINE); SetIndexBuffer (0, DynamicLineTrend);
SetIndexStyle
(1, DRAW_ARROW); SetIndexArrow (1,233); SetIndexBuffer (1, BUYSignals);
SetIndexStyle
(2, DRAW_ARROW); SetIndexArrow (2,234); SetIndexBuffer (2, SELLSignals)
; //-
-----------------------------------------
-------------------------+
return (0);}
// +------------------------------------------------------------------+
// | Custom indicator iteration function |
// +------------------------------------------------------------------+
int start ()
{ // Get digits of Symbol
double Point=MarketInfo (Symbol (), MODE_POINT);
// Set count bars for calculate trend int Counted_Bars=IndicatorCounted ()-MaxPeriod;
//----Calculation DynamicLineTrend---------------------------------+
for ( Shift = Counted_Bars; Shift> =0; Shift-) {
// Calculate of maximal period
if (Close [Shift] <DynamicLineTrend [Shift+1]) {
// Calculate Upper trend DynamicLineTrend [Shift] =Close [Highest (NULL, 0, MOD
E_CLOSE, MaxPeriod, Shift+1)]-Percent*Point;}; if (Close [Shift]> =DynamicLineTren
d [Shift+1]) {
// Calculate Down trend Dynamic
LineTrend [Shift] =Clo
se [Lowest (NULL, 0, MODE_
CLOSE, MaxPeriod, Shift+1)] +Percent*Point;};
// Check
crosses DynamicLineTrend and Price if (Close [Shift+3]> DynamicLineTrend [Shift+2]) if (Close [Shift+2] <
DynamicLineTrend [Shift+3]) BUYSignals [Shift] =Low [Shift]-10*Point;
else BUYSignals [Shift] =0; else BUYSignals [Shift] =0;
if (Close [Shift+2] <DynamicLineTrend [Shift+1])
if (Close [Shift+2]> DynamicLineTrend [Shift+3]) SELLSignals [Shift
] =High [Shift]-10*Point; else SELLSignals [Shift] =0; else SELLSignals [Shift] =0;};
//-------------------------------------------------------------------+
return (0);} // ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Sample
Analysis
Market Information Used:
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: