FxOverEasy_v1





//| FirstIndicator.mq4 |
//| Copyright © 2004, MetaQuotes Software Corp. |
//| http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2004, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net"

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 LimeGreen
#property indicator_color2 Red
//---- input parameters
extern bool SpeakToMe= true;
extern bool BellAlert= false;





//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
int firstup=0;
double PS,PS1;
int alertTag;
string symbolTxt;

//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_ARROW,EMPTY);
SetIndexArrow(0,233);
SetIndexBuffer(0, ExtMapBuffer1);

SetIndexStyle(1,DRAW_ARROW,EMPTY);
SetIndexArrow(1,234);
SetIndexBuffer(1, ExtMapBuffer2);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here

//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
if (Symbol()=="EURUSD") { symbolTxt = "Euro Dollar"; }
if (Symbol()=="EURJPY") { symbolTxt = "Euro Yen "; }
if (Symbol()=="EURAUD") { symbolTxt = "Euro Aussie "; }
if (Symbol()=="EURCAD") { symbolTxt = "Euro Canadian"; }
if (Symbol()=="EURCHF") { symbolTxt = "Euro Swiss"; }
if (Symbol()=="GBPUSD") { symbolTxt = "Cable Dollar"; }
if (Symbol()=="GBPJPY") { symbolTxt = "Cable Yen "; }
if (Symbol()=="GBPCHF") { symbolTxt = "Cable Swiss"; }
if (Symbol()=="AUDUSD") { symbolTxt = "Aussie"; }
if (Symbol()=="USDCHF") { symbolTxt = "Swiss Dollar"; }
if (Symbol()=="USDCAD") { symbolTxt = "Canada"; }
if (Symbol()=="USDJPY") { symbolTxt = "Yen Dollar"; } 
if (Symbol()=="CHFJPY") { symbolTxt = "Swiss Yen "; }
if (Symbol()=="GOLD")   { symbolTxt = "Gold"; }


int limit;
int counted_bars=IndicatorCounted();





limit = 30000;

   firstup = 0;
   
 for(int i=limit; i>=0; i--)
{
   PS =iSAR(NULL,0,0.02,0.2,i);
   PS1=iSAR(NULL,0,0.02,0.2,i+1);
   // Comment(PS," PS");


    if( PS1 > (High[i+1]+Low[i+1])/2 && PS < (Low[i]+High[i])/2 )
    {         
      ExtMapBuffer1[i]=PS;
            
      if ( BellAlert && firstup && !i && alertTag != Time[0])
               {
                     Alert( Symbol(), " ", Period(), "  FXOverEasy  BUY" );
                     alertTag = Time[0];
               }
     if ( SpeakToMe && firstup && !i && alertTag != Time[0])
               {   
                     SpeechText("Check for Buy. "+symbolTxt);
                     alertTag = Time[0];
               }
          
   }
 
   
    if( PS > (High[i]+Low[i])/2 && PS1 <= (Low[i+1]+Low[i+1])/2 )
    {
      ExtMapBuffer2[i]=PS;
            
      if ( BellAlert && firstup && !i && alertTag != Time[0])
            {
                   Alert (Symbol()," ",Period(),"  FXOverEasy  SELL");
                   alertTag = Time[0];
            }
     if ( SpeakToMe && firstup && !i && alertTag != Time[0])
            {
                  SpeechText("Check for Sell. "+symbolTxt);
                  alertTag = Time[0];
            }
   } 
   firstup = firstup + 1;
}
//----
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 open time of each bar


Indicator Curves created:

Implements a curve of type DRAW_ARROW


Indicators Used:

Parabolic Stop and Reverse system


Custom Indicators Used:

Order Management characteristics:

Other Features:

It issuies visual alerts to the screen