//+------------------------------------------------------------------+
//| Hi-Lo.mq4 |
//| Ramdass - Conversion only |
//+------------------------------------------------------------------+
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Lime
//---- input parameters
extern int Per = 3;
extern int CountBars = 300;
//---- buffers
double Up[];
double Down[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicator line
SetIndexStyle(0, DRAW_ARROW, 0, 1);
SetIndexArrow(0, 159);
SetIndexStyle(1, DRAW_ARROW, 0, 1);
SetIndexArrow(1, 159);
SetIndexBuffer(0, Up);
SetIndexBuffer(1, Down);
//---- name for DataWindow label
SetIndexLabel(0, "HiLoUp(" + Per + ")");
SetIndexLabel(1, "HiLoDown(" + Per + ")");
//----
SetIndexDrawBegin(0, Per);
SetIndexDrawBegin(1, Per);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Hi-Lo |
//+------------------------------------------------------------------+
int start()
{
int i, counted_bars = IndicatorCounted();
bool Pr = false, PrevPr = false;
double val, val2;
//----
if(CountBars <= Per)
return(0);
//---- initial zero
if(counted_bars < 1)
{
for(i = 1; i <= Per; i++)
Up[CountBars-i] = 0.0;
for(i = 1; i <= Per; i++)
Down[CountBars-i] = 0.0;
}
//----
i = CountBars - Per - 1;
while(i >= 0)
{
val = iMA(NULL, 0, Per, 1, MODE_SMA, PRICE_HIGH, i);
val2 = iMA(NULL, 0, Per, 1, MODE_SMA, PRICE_LOW, i);
//----
if(Close[i] < val2 && PrevPr == true)
Pr = false;
if(Close[i] > val && PrevPr == false)
Pr = true;
PrevPr = Pr;
Up[i] = 0.0;
Down[i] = 0.0;
if(Pr == false)
Up[i] = val+2*Point;
if(Pr == true)
Down[i] = val2-2*Point;
i--;
}
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Indicator Curves created:
Implements a curve of type DRAW_ARROW
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: