Ma_Distance_From_Price_v1





/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------------------------------------+
//|                                       Ma_Distance_From_Price.mq4 |
//|                              transport_david , David W Honeywell |
//|                                        transport.david@gmail.com |
//+------------------------------------------------------------------+

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Coral
#property indicator_color2 White
//---- input parameters
extern int MaPeriod          =   9;  // default = 9,0,3,0,15 on H1 charts
extern int MaShift           =   0;
extern int MaMethod_0to3     =   3; // 0 = SMA, 1 = EMA, 2 = SMMA, 3 = LWMA
extern int AppliedPrice_0to6 =   0; // 0 = Close, 1 = Open, 2 = High, 3 = Low, 4 = Median, 5 = Typical, 6 = Weighted Close
extern int PipBuffer         =  15; // If Ma > Price+PipBuffer then arrow , If Ma < Price-PipBuffer then arrow
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   SetIndexStyle(0,DRAW_ARROW);
   SetIndexArrow(0,234);
   SetIndexBuffer(0,ExtMapBuffer1);
   SetIndexEmptyValue(0,0.0);
   SetIndexStyle(1,DRAW_ARROW);
   SetIndexArrow(1,233);
   SetIndexBuffer(1,ExtMapBuffer2);
   SetIndexEmptyValue(1,0.0);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   int    counted_bars=IndicatorCounted();
   int    i;
//---- 
   for (i=Bars-50; i>=0; i--)
      {
      
      double MaCurrent = iMA(Symbol(),0,MaPeriod,MaShift,MaMethod_0to3,AppliedPrice_0to6,i);
      
      if ( MaCurrent > ( High[i] + PipBuffer*Point ) )
         ExtMapBuffer1[i] = High[i]+2*Point;
      
      if ( MaCurrent < ( Low[i] - PipBuffer*Point ) )
         ExtMapBuffer2[i] = Low[i]-2*Point;
      
      }
//----
   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_ARROW


Indicators Used:

Moving average indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: