LeManChanel





//+------------------------------------------------------------------+
//|                                                  LeManChanel.mq4 |
//|                                         Copyright © 2009, LeMan. |
//|                                                 b-market@mail.ru |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2009, LeMan."
#property link      "b-market@mail.ru"
//----
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Violet
#property indicator_color2 Violet
#property indicator_width1 1
#property indicator_width2 1
#property indicator_style1 0
#property indicator_style2 0
//----
extern int N = 12;
//----
double Up[];
double Down[];
double hoBuffer[];
double olBuffer[];
//+------------------------------------------------------------------+
int init() {
//----
   string short_name;
   short_name = "LeManChanel ("+N+")";
//----
   IndicatorDigits(Digits);
   IndicatorBuffers(4);
//----      
   SetIndexBuffer(0,Up);
   SetIndexBuffer(1,Down);
   SetIndexBuffer(2,hoBuffer);
   SetIndexBuffer(3,olBuffer);
                 
   SetIndexStyle(0,DRAW_LINE);
   SetIndexStyle(1,DRAW_LINE);
//----
   SetIndexDrawBegin(0,N);   
   SetIndexDrawBegin(1,N);   
   SetIndexShift(0,1);
   SetIndexShift(1,1); 
//----   
   IndicatorShortName(short_name);
   SetIndexLabel(0,"Up");
   SetIndexLabel(1,"Dn");    
//----   
   return(0);
}
//+------------------------------------------------------------------+
int start() { 
   int i, limit, mho, mol, counted_bars = IndicatorCounted();      
   if (Bars <= N) return(0);
   if(counted_bars > 0) counted_bars--;
   limit = Bars-counted_bars;

   for (i = limit-1; i >= 0 ; i--) hoBuffer[i] = High[i]-Close[i+1];
   for (i = limit-1; i >= 0 ; i--) olBuffer[i] = Close[i+1]-Low[i];
   
   for (i = limit-1; i >= 0; i--) {
      mho = ArrayMaximum(hoBuffer,N,i);
      mol = ArrayMaximum(olBuffer,N,i);
      Up[i] = Close[i]+hoBuffer[mho];
      Down[i] = Close[i]-olBuffer[mol];
   }   
//----
   return(0);
}
//+------------------------------------------------------------------+



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:



Custom Indicators Used:

Order Management characteristics:

Other Features: