//+------------------------------------------------------------------+
//| MPC.mq4 |
//| Copyright © 2007, Alexandre |
//| http://www.kroufr.ru/content/view/885/124/ |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, Alexandre"
#property link "http://www.kroufr.ru/content/view/885/124/"
//----
#property indicator_chart_window
#property indicator_buffers 3
#property indicator_color1 Magenta
#property indicator_color2 Red
#property indicator_color3 Aqua
//---- input parameters
extern int MPC_Range = 40;
extern bool LastBarOnly = true;
//---- buffers
double UppValueBuffer[];
double MidPointBuffer[];
double LowValueBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
if (MPC_Range <= 1) { MPC_Range = 1; }
//---- indicators
IndicatorShortName("Middle Point Channel (" + MPC_Range + ")");
//----
SetIndexStyle(0, DRAW_LINE);
SetIndexLabel(0, "Upper MPC Bound");
SetIndexBuffer(0, UppValueBuffer);
SetIndexDrawBegin(0, MPC_Range);
//----
SetIndexStyle(1, DRAW_LINE);
SetIndexLabel(1, "MPC Line");
SetIndexBuffer(1, MidPointBuffer);
SetIndexDrawBegin(1, MPC_Range);
//----
SetIndexStyle(2, DRAW_LINE);
SetIndexLabel(2, "Lower MPC Bound");
SetIndexBuffer(2, LowValueBuffer);
SetIndexDrawBegin(2, MPC_Range);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars = IndicatorCounted();
int Limit;
int i, cnt_bars;
double hhv, llv, m_pr;
static bool run_once;
static double m_pr_old;
//----
if(counted_bars < 0)
return(-1);
Limit = Bars - counted_bars;
// run once on start
if(run_once == false)
cnt_bars = Limit - MPC_Range;
else
if(LastBarOnly == false)
cnt_bars = Limit;
else
cnt_bars = 0;
m_pr = (High[cnt_bars] + Low[cnt_bars]) / 2.0;
//----
if(MathAbs(m_pr - m_pr_old) < Point)
return(0);
else
m_pr_old = m_pr;
//----
for(i = cnt_bars; i >= 0; i--)
{
hhv = High[iHighest(NULL, 0, MODE_HIGH, MPC_Range, i)];
llv = Low[iLowest (NULL, 0, MODE_LOW, MPC_Range, i)];
UppValueBuffer[i] = hhv;
MidPointBuffer[i] = (hhv + llv) / 2.0;
LowValueBuffer[i] = llv;
}
//----
if(run_once == false)
run_once = true;
//----
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_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: