#property copyright "© 2007 RickD"
#property link "www.e2e-fx.net"
#define major 1
#define minor 0
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Yellow
#property indicator_width1 1
#property indicator_width2 1
extern int Fr.Period = 6;
extern int MaxBars = 500;
double upper_fr[];
double lower_fr[];
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
void init() {
SetIndexBuffer(0, upper_fr);
SetIndexBuffer(1, lower_fr);
SetIndexEmptyValue(0, 0);
SetIndexEmptyValue(1, 0);
SetIndexStyle(0, DRAW_ARROW);
SetIndexArrow(0, 234);
SetIndexStyle(1, DRAW_ARROW);
SetIndexArrow(1, 233);
}
void start()
{
int counted = IndicatorCounted();
if (counted < 0) return (-1);
if (counted > 0) counted--;
int limit = MathMin(Bars-counted, MaxBars);
//-----
double dy = 0;
for (int i=1; i <= 20; i++) {
dy += 0.3*(High[i]-Low[i])/20;
}
for (i=0+Fr.Period; i <= limit+Fr.Period; i++)
{
upper_fr[i] = 0;
lower_fr[i] = 0;
if (is_upper_fr(i, Fr.Period)) upper_fr[i] = High[i]+dy;
if (is_lower_fr(i, Fr.Period)) lower_fr[i] = Low[i]-dy;
}
}
bool is_upper_fr(int bar, int period)
{
for (int i=1; i<=period; i++)
{
if (bar+i >= Bars || bar-i < 0) return (false);
if (High[bar] < High[bar+i]) return (false);
if (High[bar] < High[bar-i]) return (false);
}
return (true);
}
bool is_lower_fr(int bar, int period)
{
for (int i=1; i<=period; i++)
{
if (bar+i >= Bars || bar-i < 0) return (false);
if (Low[bar] > Low[bar+i]) return (false);
if (Low[bar] > Low[bar-i]) return (false);
}
return (true);
}
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: