//+------------------------------------------------------------------+
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
extern int ATR=50;
extern int Coeficient=3;
double Up[],Dn[];
//+------------------------------------------------------------------+
int init()
{
SetIndexBuffer(0,Up);
SetIndexStyle (0,DRAW_LINE);
SetIndexEmptyValue(0,0.0);
SetIndexLabel (0,"Up");
SetIndexBuffer(1,Dn);
SetIndexStyle (1,DRAW_LINE);
SetIndexEmptyValue(1,0.0);
SetIndexLabel (1,"Dn");
return(0);
}
int deinit() { return(0); }
//+------------------------------------------------------------------+
int start()
{
int i,limit;
double REZ;
string MODE="UP";
limit=Bars-ATR;
for(i=limit; i>=0; i--)
{
Dn[i]=0; Up[i]=0;
REZ=Coeficient*iATR(NULL,0,ATR,i);
if(MODE=="DOWN" && Low[i]>Dn[i+1]) { Up[i+1]= Low[i+1]-REZ; MODE="UP"; }
if(MODE=="UP" && High[i]<Up[i+1]) { Dn[i+1]=High[i+1]+REZ; MODE="DOWN"; }
if(MODE=="UP")
{
if(Low[i+1]>Up[i+1]+REZ) Up[i]=Low[i+1]-REZ;
else Up[i]=Up[i+1];
}
if(MODE=="DOWN")
{
if(High[i+1]<Dn[i+1]-REZ) Dn[i]=High[i+1]+REZ;
else Dn[i]=Dn[i+1];
}
}
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
Indicator Curves created:
Indicators Used:
Indicator of the average true range
Custom Indicators Used:
Order Management characteristics:
Other Features: