//+-----------------------------------------------------------------------+ //| 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: