//+------------------------------------------------------------------+
//| DynamicRS+Channel.mq4 |
//| Copyright © 2007, Nick A. Zhilin |
//| rebus58@mail.ru |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, Nick A. Zhilin"
#property link "rebus58@mail.ru"
extern int Filter=15;
#property indicator_chart_window
#property indicator_buffers 3
#property indicator_color1 Yellow
#property indicator_color2 Red
#property indicator_color3 Aqua
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
IndicatorShortName("DynamicRS+Channel");
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexStyle(2,DRAW_LINE);
SetIndexBuffer(2,ExtMapBuffer3);
//----
return(0);
}
//+------------------------------------------------------------------+
//| DynamicRS+Channel |
//+------------------------------------------------------------------+
int start()
{
int i,counted_bars=IndicatorCounted();
double Channel;
//----
i=Bars-counted_bars-1;
while(i>=0)
{
if(High[i]<High[i+1] && High[i]<ExtMapBuffer1[i+1]-Filter*Point)
ExtMapBuffer1[i]=High[i];
else if(Low[i]>Low[i+1] && Low[i]>ExtMapBuffer1[i+1]+Filter*Point)
ExtMapBuffer1[i]=Low[i];
else
ExtMapBuffer1[i]=ExtMapBuffer1[i+1];
ExtMapBuffer2[i]=ExtMapBuffer1[i]+Filter*Point;
ExtMapBuffer3[i]=ExtMapBuffer1[i]-Filter*Point;
i--;
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
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:
Custom Indicators Used:
Order Management characteristics:
Other Features: