BT1





//+-----------------------------------------------------------------------+
//|                                                       BrainTrend1.mq4 |
//|                                   Copyright © 2005. Alejandro Galindo |
//|                                                   http://elCactus.com |
//|         ASCTrend1 modified to generate similar signals to BrainTrend1 |
//|           	Author := C0Rpus - big thanks CHANGE2002, STEPAN and SERSH |
//|	                                 Notes := ASCTrend1 3.0 Open Source |
//+-----------------------------------------------------------------------+

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Blue

//---- input parameters
extern int RISK=3;
extern int CountBars=500;

//---- buffers
double Buffer1[];
double Buffer2[];

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicator line
   IndicatorBuffers(2);
   SetIndexStyle(0,DRAW_HISTOGRAM,0,1);
   SetIndexStyle(1,DRAW_HISTOGRAM,0,1);
   SetIndexBuffer(0,Buffer1);
   SetIndexBuffer(1,Buffer2);

//----
   return(0);
  }
//+------------------------------------------------------------------+
//| ASCTrend1                                                  |
//+------------------------------------------------------------------+
int start()
  {
   if (CountBars>=Bars) CountBars=Bars;
   SetIndexDrawBegin(0,Bars-CountBars+11+1);
   SetIndexDrawBegin(1,Bars-CountBars+11+1);
   int i,shift,counted_bars=IndicatorCounted();
   int Counter,i1,value10,value11;
   double value1,x1,x2;
   double value2,value3;
   double TrueCount,Range,AvgRange,MRO1,MRO2;
   
   value10=3+RISK*2;
   x1=67+RISK;
   x2=33-RISK;
   value11=value10;
//----
   if(Bars<=value11+1) return(0);
//---- initial zero
   if(counted_bars<value11+1)
   {
      for(i=1;i<=0;i++) Buffer1[CountBars-i]=0.0;
      for(i=1;i<=0;i++) Buffer2[CountBars-i]=0.0;
   }
//----
   shift=CountBars-11-1;
   while(shift>=0)
     {
     
   Counter=shift;
	Range=0.0;
	AvgRange=0.0;
	for (Counter=shift; Counter<=shift+9; Counter++) AvgRange=AvgRange+MathAbs(High[Counter]-Low[Counter]);
		
	Range=AvgRange/10;
	Counter=shift;
	TrueCount=0;
	while (Counter<shift+9 && TrueCount<1)
		{if (MathAbs(Open[Counter]-Close[Counter+1])>=Range*2.0) TrueCount=TrueCount+1;
		Counter=Counter+1;
		}
	if (TrueCount>=1) {MRO1=Counter;} else {MRO1=-1;}
	Counter=shift;
	TrueCount=0;
	while (Counter<shift+6 && TrueCount<1)
		{if (MathAbs(Close[Counter+3]-Close[Counter])>=Range*4.6) TrueCount=TrueCount+1;
		Counter=Counter+1;
		}
	if (TrueCount>=1) {MRO2=Counter;} else {MRO2=-1;}
	if (MRO1>-1) {value11=3;} else {value11=value10;}
	if (MRO2>-1) {value11=4;} else {value11=value10;}
	value2=100-MathAbs(iWPR(NULL,0,value11,shift)); // PercentR(value11=9)
   Buffer1[shift]=0;
	Buffer2[shift]=0;
	if (value2>x1)
		{
		Buffer1[shift]=Low[shift]; Buffer2[shift]=High[shift];
		}
	if (value2<x2)
		{
		Buffer1[shift]=High[shift]; Buffer2[shift]=Low[shift];
		}
      
      shift--;
     }

   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
Series array that contains close prices for each bar
Series array that contains open prices of each bar


Indicator Curves created:

Implements a curve of type DRAW_HISTOGRAM


Indicators Used:

Larry William percent range indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: