//+------------------------------------------------------------------+ //| Fractals.mq4 | //| Copyright © 2005, MetaQuotes Software Corp. | //| http://www.metaquotes.net | //+------------------------------------------------------------------+ #property copyright "Copyright © 2005, MetaQuotes Software Corp." #property link "http://www.metaquotes.net" #property indicator_chart_window #property indicator_buffers 2 #property indicator_color1 Red #property indicator_color2 Blue //---- input parameters //---- buffers double dUpFractalsBuffer[]; double dDownFractalsBuffer[]; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- indicator buffers mapping SetIndexBuffer(0,dUpFractalsBuffer); SetIndexBuffer(1,dDownFractalsBuffer); //---- drawing settings SetIndexStyle(0,DRAW_ARROW); SetIndexArrow(0,241); SetIndexStyle(1,DRAW_ARROW); SetIndexArrow(1,242); //---- SetIndexEmptyValue(0,0.0); SetIndexEmptyValue(1,0.0); //---- name for DataWindow SetIndexLabel(0,"Fractal Up"); SetIndexLabel(1,"Fractal Down"); //---- initialization done return(0); } //+------------------------------------------------------------------+ //| Custor indicator deinitialization function | //+------------------------------------------------------------------+ int deinit() { //---- TODO: add your code here //---- return(0); } //+------------------------------------------------------------------+ //| Custom indicator iteration function | //+------------------------------------------------------------------+ int start() { int i,nCountedBars; double up,dw,nul=0.0001; nCountedBars=IndicatorCounted(); //---- check for possible errors if(nCountedBars<0) return(-1); //---- last counted bar will be recounted if(nCountedBars<=2) i=Bars-nCountedBars-3; if(nCountedBars>2) { nCountedBars--; i=Bars-nCountedBars-1; } while(i>=2) { //----Up and Down Fractals //----5 bars Fractal if(High[i+3]>High[i+4] && High[i+3]>High[i+5] && High[i+3]>High[i+2] && High[i+3]>High[i+1]) { up=Low[i]-3*Point; dUpFractalsBuffer[i]=up; } else {dUpFractalsBuffer[i]=nul;} if(Low[i+3]<Low[i+4] && Low[i+3]<Low[i+5] && Low[i+3]<Low[i+2] && Low[i+3]<Low[i+1]) { dw=High[i]+3*Point; dDownFractalsBuffer[i]=dw; i--; continue; } else {dDownFractalsBuffer[i]=nul;} 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_ARROW
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: