//+------------------------------------------------------------------+ //| BrainTrend2StopLine.mq4 | //| www.forex-tsd.com | //| Nick Bilak | //+------------------------------------------------------------------+ #property copyright "Copyright © 2005, MetaQuotes Software Corp." #property link "www.forex-tsd.com" #property indicator_chart_window #property indicator_buffers 2 #property indicator_color1 Blue #property indicator_color2 Red //---- input parameters extern int NumBars=500; extern int EnableAlerts=0; //---- buffers double ExtMapBuffer1[]; double ExtMapBuffer2[]; double spread; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- indicators SetIndexStyle(0,DRAW_LINE); SetIndexBuffer(0,ExtMapBuffer1); SetIndexEmptyValue(0,0.0); SetIndexStyle(1,DRAW_LINE); SetIndexBuffer(1,ExtMapBuffer2); SetIndexEmptyValue(1,0.0); spread=MarketInfo(Symbol(),MODE_SPREAD)*Point; //---- return(0); } //+------------------------------------------------------------------+ //| Custor indicator deinitialization function | //+------------------------------------------------------------------+ int deinit() { //---- //---- return(0); } //+------------------------------------------------------------------+ //| Custom indicator iteration function | //+------------------------------------------------------------------+ int start() { int counted_bars=IndicatorCounted(); int artp=7; double cecf=0.7; int satb=2000; int Shift=0; bool river=True; double Emaxtra=0; double widcha=0; double TR=0; double Values[100]; int glava=0; double ATR=0; int J=0; double Weight=0; double r=0; double r1=0; int p=0; int Curr=0; double Range1=0; double s=2; double f=10; double value3=0; double h11=0; double h12=0; double h13=0; double const=0; double orig=0; double st=0; double h2=0; double h1=0; double h10=0; double sxs=0; double sms=0; double temp=0; double h5=0; double r1s=0; double r2s=0; double r3s=0; double r4s=0; double pt=0; double pts=0; double r2=0; double r3=0; double r4=0; double tt=0; if (Bars < NumBars) satb = Bars; else satb = NumBars; if (Close[satb - 2] > Close[satb - 1]) river = True; else river = False; Emaxtra = Close[satb - 2]; for (Shift = satb - 3; Shift>=0; Shift--) { TR = spread + High[Shift] - Low[Shift]; if (MathAbs(spread + High[Shift] - Close[Shift + 1]) > TR) TR = MathAbs(spread + High[Shift] - Close[Shift + 1]); if (MathAbs(Low[Shift] - Close[Shift + 1]) > TR) TR = MathAbs(Low[Shift] - Close[Shift + 1]); if (Shift == satb - 3) { for (J = 0; J<=artp - 1; J++) { Values[J] = TR; } } Values[glava] = TR; ATR = 0; Weight = artp; Curr = glava; for (J = 0; J<=artp - 1; J++) { ATR += Values[Curr] * Weight; Weight -= 1; Curr -= 1; if (Curr == -1) Curr = artp - 1; } ATR = 2.0 * ATR / (artp * (artp + 1.0)); glava += 1; if (glava == artp) glava = 0; widcha = cecf * ATR; if (river && Low[Shift] < Emaxtra - widcha) { river = False; Emaxtra = spread + High[Shift]; } if (!river && spread + High[Shift] > Emaxtra + widcha) { river = True; Emaxtra = Low[Shift]; } if (river && Low[Shift] > Emaxtra) { Emaxtra = Low[Shift]; } if (!river && spread + High[Shift] < Emaxtra) { Emaxtra = spread + High[Shift]; } Range1 = iATR(NULL,0,10,Shift)+spread/10.0; if (river) { if (Low[Shift] - Range1 * s < r && r != 0) r1 = r; else r1 = Low[Shift] - Range1 * s / 3.0; if (p == 2) r1 = Low[Shift] - Range1 * s / 3.0; ExtMapBuffer1[Shift]=r1; ExtMapBuffer2[Shift]=0; r = r1; p = 1; } else { if (spread + High[Shift] + Range1 * s > r && r != 0) r1 = r; else r1 = spread + High[Shift] + Range1 * s / 3.0; if (p == 1) r1 = spread + High[Shift] + Range1 * s / 3.0; ExtMapBuffer1[Shift]=0; ExtMapBuffer2[Shift]=r1; r = r1; p = 2; } } }
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
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:
Indicator of the average true range
Custom Indicators Used:
Order Management characteristics:
Other Features: