//+------------------------------------------------------------------
//| PIPQind.mq4
//|
//|
//+------------------------------------------------------------------
#property copyright " emsjoflo"
#property link "automaticforec.invisionzone.com"
#property indicator_chart_window
#include <stdlib.mqh>
#property indicator_buffers 5
#property indicator_color1 Lime
#property indicator_width1 2
#property indicator_color2 Red
#property indicator_width2 2
#property indicator_color3 DodgerBlue
#property indicator_color4 Tomato
#property indicator_color5 Black
extern double nPips = 65;
extern bool SendAlert = false ;
extern bool SendEmail = false;
extern int AlertMinutesB4Close =5;
extern int AlertEveryNMinutes =10;
extern double ATRmultiplier= 0.45; //
double stop,atr,atrstop;
double UpArrow[];
double DownArrow[];
double BlueBar[],RedBar[];
double TrStopDots[];
datetime alertsent;
string MinutesB4BarCloses;
int shift = 0,i=0;
double cnt = 0;
double TrStopLevel=0;
double PREV = 0;
//void SetLoopCount(int loops)
int init()
{
SetIndexStyle(0, DRAW_ARROW, STYLE_SOLID);
SetIndexArrow(0, 233);
SetIndexBuffer(0, UpArrow);
SetIndexStyle(1, DRAW_ARROW, STYLE_SOLID);
SetIndexArrow(1, 234);
SetIndexBuffer(1, DownArrow);
SetIndexStyle(2,DRAW_HISTOGRAM,0,2);
SetIndexBuffer(2,BlueBar);
SetIndexStyle(3,DRAW_HISTOGRAM,0,2);
SetIndexBuffer(3,RedBar);
SetIndexStyle(4, DRAW_LINE, STYLE_DOT,1,Black);
SetIndexBuffer(4,TrStopDots);
alertsent=CurTime();
return(0);
}
int deinit()
{
//----
for(int shift=Bars-2;shift>=0 ;shift--)
{
if (ObjectFind(TimeToStr(Time[shift]))>-1) ObjectDelete(TimeToStr(Time[shift]));
}
//----
return(0);
}
int start()
{
//+------------------------------------------------------------------
//| Local variables
//+------------------------------------------------------------------
int limit;
int counted_bars=IndicatorCounted();
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- the last counted bar will be recounted
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars-1;
// loop from first bar to current bar (with shift=0)
for(shift=limit;shift>=0 ;shift--)
{
if( (Close[shift] == PREV) )
{
TrStopLevel=PREV;
}
else
{
if( (Close[shift+1])<=PREV && (Close[shift]<PREV) )
{
TrStopLevel=MathMin(PREV,Close[shift]+nPips*Point);
}
else
{
if( ((Close[shift+1])>=PREV) && (Close[shift]>PREV) )
{
TrStopLevel=MathMax(PREV,Close[shift]-nPips*Point);
}
else
{
if( (Close[shift]>PREV) )
{
TrStopLevel=Close[shift]-nPips*Point;
}
else TrStopLevel=Close[shift]+nPips*Point;
}
}
}
//Comment("TRStop = "+TrStopLevel);
TrStopDots[shift]=TrStopLevel;
if (UpArrow[shift]!=0 && UpArrow[shift]!=TrStopDots[shift]) UpArrow[shift]=0.0;
if (DownArrow[shift]!=TrStopDots[shift]) DownArrow[shift]=0.0;
if( Close[shift] > TrStopLevel && (Close[shift+1]<PREV || (Close[shift+1]<=TrStopDots[shift+1] && Close[shift+2]<TrStopDots[shift+2])) && PREV !=0 )
{
atr=iATR(NULL,0,14,shift);
stop=Low[Lowest(NULL,0,MODE_LOW,3,shift)];
atrstop =NormalizeDouble(TrStopLevel-atr*ATRmultiplier,MarketInfo(Symbol(),MODE_DIGITS));
if (atrstop > stop) stop = atrstop;
if (ObjectFind(TimeToStr(Time[shift]))>-1) ObjectDelete(TimeToStr(Time[shift]));
ObjectCreate(TimeToStr(Time[shift]),OBJ_TREND,0,Time[shift+2],stop,Time[shift],stop);
ObjectSet(TimeToStr(Time[shift]),OBJPROP_RAY,0);
ObjectSet(TimeToStr(Time[shift]),OBJPROP_COLOR,DodgerBlue);
ObjectSet(TimeToStr(Time[shift]),OBJPROP_WIDTH,2);
// Comment(stop);
if ((Bid > TrStopDots[0]) && (Close[1]<=TrStopDots[1]) && ((CurTime()-Time[0])>=(Time[0]-Time[1]-AlertMinutesB4Close*60)) && (CurTime()-alertsent> AlertEveryNMinutes*60))
{
MinutesB4BarCloses=TimeToStr((Time[0]-Time[1])-(CurTime()-Time[0]),TIME_MINUTES);
if(SendAlert) Alert("Look for Buying opportunity soon");
if(SendEmail) SendMail("Possible Buy setup on "+Symbol(),"PIPQind anticpates a Buy signal on "+Symbol()+" in "+MinutesB4BarCloses+" minutes"+" at "+TimeToStr(CurTime())+" Bid: "+Bid+" Ask: "+Ask+" Close[0]:"+Close[0]+"Close[1]: "+Close[1]+" TrStopDots[1]: "+TrStopDots[1]+" PREV: "+PREV+" TrStopLevel: "+TrStopLevel+" TrStopDots[0]: "+TrStopDots[0]);
alertsent=CurTime();
}
RedBar[shift]=Low[shift];
BlueBar[shift]=High[shift];
UpArrow[shift]=TrStopLevel;
}
if( Close[shift] < TrStopLevel && (Close[shift+1]>PREV || (Close[shift+1]>=TrStopDots[shift+1] && Close[shift+2]>=TrStopDots[shift+2])) && PREV !=0)
{
atr=iATR(NULL,0,14,shift);
stop=High[Highest(NULL,0,MODE_HIGH,3,shift)];
atrstop = NormalizeDouble(TrStopLevel+atr*ATRmultiplier,MarketInfo(Symbol(),MODE_DIGITS));
if (atrstop < stop) stop =atrstop;
if (ObjectFind(TimeToStr(Time[shift]))>-1) ObjectDelete(TimeToStr(Time[shift]));
ObjectCreate(TimeToStr(Time[shift]),OBJ_TREND,0,Time[shift+2],stop,Time[shift],stop);
ObjectSet(TimeToStr(Time[shift]),OBJPROP_RAY,0);
ObjectSet(TimeToStr(Time[shift]),OBJPROP_COLOR,DodgerBlue);
ObjectSet(TimeToStr(Time[shift]),OBJPROP_WIDTH,2);
Comment(stop);
if ( (Ask < TrStopDots[0]) && (Close[1]>=TrStopDots[1]) && ((CurTime()-Time[0])>=(Time[0]-Time[1]-AlertMinutesB4Close*60)) && (CurTime()-alertsent> AlertEveryNMinutes*60))
{
MinutesB4BarCloses=TimeToStr((Time[0]-Time[1])-(CurTime()-Time[0]),TIME_MINUTES);
if (SendAlert)Alert("Look for Selling opportunity soon");
if (SendEmail) SendMail("Possible Sell setup on "+Symbol(),"PIPQind anticipates a sell signal on "+Symbol()+" in "+MinutesB4BarCloses+" minutes "+" at " +TimeToStr(CurTime())+" Bid: "+Bid+" Ask: "+Ask+" Close[0]:"+Close[0]+"Close[1]: "+Close[1]+" TrStopDots[1]: "+TrStopDots[1]+" PREV: "+PREV+" TrStopLevel: "+TrStopLevel+" TrStopDots[0]: "+TrStopDots[0]);
alertsent=CurTime();
}
BlueBar[shift]=Low[shift];
RedBar[shift]=High[shift];
DownArrow[shift]=TrStopLevel;
}
PREV=TrStopLevel;
}
//for (i=0;i>5;i++)
// {
i=1;
if (UpArrow[i]>0 && UpArrow[i]<TrStopDots[i]) UpArrow[i]=0.0;
if (DownArrow[i]>TrStopDots[i]) DownArrow[i]=0.0;
//}
return(0);
}
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Series array that contains close prices for each bar
Series array that contains the lowest prices of each bar
Series array that contains the highest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_ARROW
Implements a curve of type DRAW_HISTOGRAM
Implements a curve of type DRAW_LINE
Indicators Used:
Indicator of the average true range
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen
It sends emails