//+------------------------------------------------------------------+
//| Level Trading.mq4 |
//| by Accel |
//+------------------------------------------------------------------+
#property copyright "Accel"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Blue
//----
extern int IndicatorNumber=1;
extern color TrendUpColor=Blue;
extern color TrendDownColor=Red;
extern color LevelColor=DarkGray;
extern int Width2LevelConfirmation=3;
extern int Width3LevelConfirmation=5;
extern int Width4LevelConfirmation=7;
extern int Width5LevelConfirmation=10;
extern bool SnapExtremumsToLevelOnChar=True;
extern int FractalBarsOnEachSide=7;
extern int ProceedMaxHistoryBars=2000;
extern int LevelActuality=200;
extern bool RestDefaultTimeframeValues=True;
extern int ExtremumToLevelMaxGap=15;
extern double PriceDeltaFor1Bar=0.4;
//----
int LevelLength[];
int LevelWidth[];
int PriceCrossedLevel;
double long[];
double short[];
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int init()
{
IndicatorBuffers(2);
SetIndexBuffer(0,long);
SetIndexBuffer(1,short);
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int deinit()
{
int i=0;
//----
for(i=Bars-1;i>=0;i--)
if (ObjectFind(StringConcatenate("Level_",IndicatorNumber,"_",i))!=-1)
ObjectDelete(StringConcatenate("Level_",IndicatorNumber,"_",i));
for(i=Bars-1;i>=0;i--)
if (ObjectFind(StringConcatenate("Trend_",IndicatorNumber,"_",i))!=-1)
ObjectDelete(StringConcatenate("Trend_",IndicatorNumber,"_",i));
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int LastBarWasHighLow(int LELB, int LEHB)
{
if (LELB==-1 && LEHB!=-1)
return(1);
if (LELB!=-1 && LEHB==-1)
return(-1);
if (LELB!=-1 && LEHB!=-1 && LELB>LEHB)
return(1);
if (LELB!=-1 && LEHB!=-1 && LELB<LEHB)
return(-1);
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int start()
{
int i,j;
int BarsToCheck;
int Stop;
int CurrState; //CurrState=0 - íå íàøëè ïåðåñå÷åíèÿ, 1-ïåðåñå÷åíèå ââåðõ, -1-ïåðåñå÷åíèå âíèç
int LastExtremumHighBar=-1;
int LastExtremumLowBar=-1;
int LastExtremumBar=-1;
double iFractalValue=0,jFractalValue=0;
//----
if (IndicatorCounted()<0)
return(-1);
if (Bars-IndicatorCounted()==1)
return(0);
//----
deinit();
SetIndexStyle(0,DRAW_ARROW,0,3);
SetIndexArrow(0,251);
SetIndexStyle(1,DRAW_ARROW,0,3);
SetIndexArrow(1,251);
ArrayInitialize(long,0);
ArrayInitialize(short,0);
//----
if (RestDefaultTimeframeValues==1)
{
switch(Period())
{
case 1: //M1
{
ExtremumToLevelMaxGap=2;
PriceDeltaFor1Bar=0.05;
break;
}
case 5: //M5
{
ExtremumToLevelMaxGap=5;
PriceDeltaFor1Bar=0.1;
break;
}
case 15: //M15
{
ExtremumToLevelMaxGap=8;
PriceDeltaFor1Bar=0.2;
break;
}
case 30: //M30
{
ExtremumToLevelMaxGap=10;
PriceDeltaFor1Bar=0.3;
break;
}
case 60: //H1
{
ExtremumToLevelMaxGap=15;
PriceDeltaFor1Bar=0.4;
break;
}
case 240: //H4
{
ExtremumToLevelMaxGap=25;
PriceDeltaFor1Bar=0.4;
break;
}
case 1440: //D1
{
ExtremumToLevelMaxGap=75;
PriceDeltaFor1Bar=1.5;
break;
}
case 10080: //W1
{
ExtremumToLevelMaxGap=150;
PriceDeltaFor1Bar=5;
break;
}
case 43200: //MN
{
ExtremumToLevelMaxGap=300;
PriceDeltaFor1Bar=24;
break;
}
}
}
if (Width2LevelConfirmation<=1)
Width2LevelConfirmation=2;
if (Width3LevelConfirmation<=Width2LevelConfirmation)
Width3LevelConfirmation=Width2LevelConfirmation+1;
if (Width4LevelConfirmation<=Width3LevelConfirmation)
Width4LevelConfirmation=Width3LevelConfirmation+1;
if (Width5LevelConfirmation<=Width4LevelConfirmation)
Width5LevelConfirmation=Width4LevelConfirmation+1;
//----
PriceCrossedLevel=ExtremumToLevelMaxGap*2;
ArrayResize(LevelLength,Bars);
ArrayInitialize(LevelLength,0);
ArrayResize(LevelWidth,Bars);
ArrayInitialize(LevelWidth,1);
//----
if (FractalBarsOnEachSide<=0)
FractalBarsOnEachSide=1;
//Èùåì ôðàêòàëû
for(i=MathMin(ProceedMaxHistoryBars,Bars-FractalBarsOnEachSide-1);i>=FractalBarsOnEachSide;i--)
{
//Èùåì íèæíèé ôðàêòàë
if (i==Lowest(Symbol(),Period(),MODE_LOW,FractalBarsOnEachSide*2+1,i-FractalBarsOnEachSide))
{
switch(LastBarWasHighLow(LastExtremumLowBar,LastExtremumHighBar))
{
case -1:
{
if (Low[i]<Low[LastExtremumLowBar])
{
long[i]=Low[i];
long[LastExtremumLowBar]=0;
LastExtremumLowBar=i;
}
break;
}
case 1:
{
if (Low[i]<High[LastExtremumHighBar])
{
long[i]=Low[i];
LastExtremumLowBar=i;
}
break;
}
case 0:
{
long[i]=Low[i];
LastExtremumLowBar=i;
break;
}
}
}
//Èùåì âåðõíèé ôðàêòàë
if (i==Highest(Symbol(),Period(),MODE_HIGH,FractalBarsOnEachSide*2+1,i-FractalBarsOnEachSide) && long[i]==0)
{
switch(LastBarWasHighLow(LastExtremumLowBar,LastExtremumHighBar))
{
case 1:
{
if (High[i]>High[LastExtremumHighBar])
{
short[i]=High[i];
short[LastExtremumHighBar]=0;
LastExtremumHighBar=i;
}
break;
}
case -1:
{
if (High[i]>Low[LastExtremumLowBar])
{
short[i]=High[i];
LastExtremumHighBar=i;
}
break;
}
case 0:
{
short[i]=High[i];
LastExtremumHighBar=i;
break;
}
}
}
}
//Èùåì, ãäå çàêàí÷èâàþòñÿ óðîâíè ôðàêòàëîâ (äâîéíîå ïåðåñå÷åíèå öåíîé óðîâíÿ)
for(i=MathMin(ProceedMaxHistoryBars,Bars-FractalBarsOnEachSide-1);i>=FractalBarsOnEachSide;i--)
{
if (long[i]==Low[i])
{
Stop=-1;
CurrState=0;
for(j=i-1;j>=0 && Stop==-1;j--)
{
if (CurrState==-1)
if (High[j]>Low[i]+(i-j)*PriceDeltaFor1Bar*Point+PriceCrossedLevel*Point)
Stop=j;
if (CurrState==0)
if (Low[j]<Low[i]+(i-j)*PriceDeltaFor1Bar*Point-PriceCrossedLevel*Point)
CurrState=-1;
}
if (Stop!=-1)
LevelLength[i]=i-Stop;
else
LevelLength[i]=i;
}
if (short[i]==High[i])
{
Stop=-1;
CurrState=0;
for(j=i-1;j>=0 && Stop==-1;j--)
{
if (CurrState==1)
if (Low[j]<High[i]+(i-j)*PriceDeltaFor1Bar*Point-PriceCrossedLevel*Point)
Stop=j;
if (CurrState==0)
if (High[j]>High[i]+(i-j)*PriceDeltaFor1Bar*Point+PriceCrossedLevel*Point)
CurrState=1;
}
if (Stop!=-1)
LevelLength[i]=i-Stop;
else
LevelLength[i]=i;
}
}
//Îáúåäèíÿåì áëèçêèå óðîâíè ðàçíûõ ôðàêòàëîâ
for(i=MathMin(ProceedMaxHistoryBars,Bars-FractalBarsOnEachSide-1);i>=FractalBarsOnEachSide;i--)
{
if (LevelLength[i]>0)
{
if (long[i]!=0)
iFractalValue=long[i];
if (short[i]!=0)
iFractalValue=short[i];
BarsToCheck=MathMin(LevelActuality,LevelLength[i]);
j=i-1;
LevelLength[i]=BarsToCheck;
while(BarsToCheck>0)
{
if (LevelLength[j]>0)
{
if (long[j]!=0)
jFractalValue=long[j];
if (short[j]!=0)
jFractalValue=short[j];
if (MathAbs(iFractalValue+(i-j)*PriceDeltaFor1Bar*Point-jFractalValue)<ExtremumToLevelMaxGap*Point)
{
BarsToCheck=MathMin(LevelActuality,LevelLength[j]);
LevelLength[i]=i-j+BarsToCheck;
LevelLength[j]=0;
LevelWidth[i]++;
if (SnapExtremumsToLevelOnChar==1)
{
if (long[j]!=0)
{
long[j]=iFractalValue+(i-j)*PriceDeltaFor1Bar*Point;
}
if (short[j]!=0)
{
short[j]=iFractalValue+(i-j)*PriceDeltaFor1Bar*Point;
}
}
}
}
BarsToCheck--;
j--;
}
}
}
//Ðèñóåì ëîìàíóþ
for(i=MathMin(ProceedMaxHistoryBars,Bars-FractalBarsOnEachSide-1);i>=FractalBarsOnEachSide;i--)
{
if (long[i]!=0 || short[i]!=0)
{
if (LastExtremumBar!=-1)
{
if (long[i]!=0)
{
ObjectCreate(StringConcatenate("Trend_",IndicatorNumber,"_",i),OBJ_TREND,0,
Time[LastExtremumBar],short[LastExtremumBar],Time[i],long[i]);
ObjectSet(StringConcatenate("Trend_",IndicatorNumber,"_",i),OBJPROP_COLOR,TrendDownColor);
}
if (short[i]!=0)
{
ObjectCreate(StringConcatenate("Trend_",IndicatorNumber,"_",i),OBJ_TREND,0,
Time[LastExtremumBar],long[LastExtremumBar],Time[i],short[i]);
ObjectSet(StringConcatenate("Trend_",IndicatorNumber,"_",i),OBJPROP_COLOR,TrendUpColor);
}
ObjectSet(StringConcatenate("Trend_",IndicatorNumber,"_",i),OBJPROP_RAY,0);
ObjectSet(StringConcatenate("Trend_",IndicatorNumber,"_",i),OBJPROP_WIDTH,2);
}
LastExtremumBar=i;
}
}
//Ðèñóåì óðîâíè
for(i=MathMin(ProceedMaxHistoryBars,Bars-FractalBarsOnEachSide-1);i>=FractalBarsOnEachSide;i--)
{
if (LevelLength[i]!=0)
{
if (long[i]!=0)
iFractalValue=long[i];
if (short[i]!=0)
iFractalValue=short[i];
//----
ObjectCreate(StringConcatenate("Level_",IndicatorNumber,"_",i),OBJ_TREND,0,
Time[i],iFractalValue,Time[i-LevelLength[i]],iFractalValue+LevelLength[i]*PriceDeltaFor1Bar*Point);
if (i!=LevelLength[i])
ObjectSet(StringConcatenate("Level_",IndicatorNumber,"_",i),OBJPROP_RAY,0);
ObjectSet(StringConcatenate("Level_",IndicatorNumber,"_",i),OBJPROP_COLOR,LevelColor);
if (LevelWidth[i]>1)
{
ObjectSet(StringConcatenate("Level_",IndicatorNumber,"_",i),OBJPROP_WIDTH,1);
if (LevelWidth[i]>=Width2LevelConfirmation)
ObjectSet(StringConcatenate("Level_",IndicatorNumber,"_",i),OBJPROP_WIDTH,2);
if (LevelWidth[i]>=Width3LevelConfirmation)
ObjectSet(StringConcatenate("Level_",IndicatorNumber,"_",i),OBJPROP_WIDTH,3);
if (LevelWidth[i]>=Width4LevelConfirmation)
ObjectSet(StringConcatenate("Level_",IndicatorNumber,"_",i),OBJPROP_WIDTH,4);
if (LevelWidth[i]>=Width5LevelConfirmation)
ObjectSet(StringConcatenate("Level_",IndicatorNumber,"_",i),OBJPROP_WIDTH,5);
}
else
{
ObjectSet(StringConcatenate("Level_",IndicatorNumber,"_",i),OBJPROP_COLOR,LevelColor);
ObjectSet(StringConcatenate("Level_",IndicatorNumber,"_",i),OBJPROP_STYLE,STYLE_DOT);
}
}
}
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains the lowest prices of each bar
Series array that contains the highest 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:
Custom Indicators Used:
Order Management characteristics:
Other Features: