/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------
//| Stopreversal Mt4.mq4
//|
//|
//| Conversion only Dr. Gaines
//| dr_richard_gaines@yahoo.com
//| modifications by Emsjoflo joel@emsjoflo.com
//|
//+------------------------------------------------------------------
#property copyright " emsjoflo"
#property link "automaticforec.invisionzone.com"
#property indicator_chart_window
#include <stdlib.mqh>
#property indicator_buffers 4
#property indicator_color1 Lime
#property indicator_width1 2
#property indicator_color2 Red
#property indicator_width2 2
#property indicator_color3 DodgerBlue
#property indicator_color4 Tomato
extern double nPips = 0.004;
extern bool SendAlert = true;
extern bool SendEmail = true;
extern int AlertMinutesB4Close =30;
int LastTradeTime;
double ExtHistoBuffer[];
double ExtHistoBuffer2[];
double BlueBar[],RedBar[];
void SetLoopCount(int loops)
{
}
void SetIndexValue(int shift, double value)
{
ExtHistoBuffer[shift] = value;
}
void SetIndexValue2(int shift, double value)
{
ExtHistoBuffer2[shift] = value;
}
int init()
{
SetIndexStyle(0, DRAW_ARROW, STYLE_SOLID);
SetIndexArrow(0, 233);
SetIndexBuffer(0, ExtHistoBuffer);
SetIndexStyle(1, DRAW_ARROW, STYLE_SOLID);
SetIndexArrow(1, 234);
SetIndexBuffer(1, ExtHistoBuffer2);
SetIndexStyle(2,DRAW_HISTOGRAM,0,2);
SetIndexBuffer(2,BlueBar);
SetIndexStyle(3,DRAW_HISTOGRAM,0,2);
SetIndexBuffer(3,RedBar);
return(0);
}
int start()
{
//+------------------------------------------------------------------
//| Local variables
//+------------------------------------------------------------------
int shift = 0;
double cnt = 0;
double TrStopLevel = 0;
double PREV = 0;
double pass = 0;
SetLoopCount(0);
// loop from first bar to current bar (with shift=0)
for(shift=Bars-2;shift>=0 ;shift--){
if( (Close[shift] == PREV) )
{
TrStopLevel=PREV;
}
else
{
if( (Close[shift+1])<PREV && (Close[shift]<PREV) )
{
TrStopLevel=MathMin(PREV,Close[shift]*(1+nPips));
}
else
{
if( ((Close[shift+1])>PREV) && (Close[shift]>PREV) )
{
TrStopLevel=MathMax(PREV,Close[shift]*(1-nPips));
}
else
{
if( (Close[shift]>PREV) )
{
TrStopLevel=Close[shift]*(1-nPips);
}
else TrStopLevel=Close[shift]*
(1+nPips);
}
}
}
if( Close[shift] > TrStopLevel && Close[shift+1]<PREV && PREV !=0 )
{
if (CurTime() -iTime(NULL,0,1)==(iTime(NULL,0,1)-iTime(NULL,0,2)-AlertMinutesB4Close*60)
&& CurTime() -iTime(NULL,0,1)>=(iTime(NULL,0,2)-iTime(NULL,0,3)-AlertMinutesB4Close*60)
&& CurTime() -iTime(NULL,0,2)>=(iTime(NULL,0,1)-iTime(NULL,0,3)-AlertMinutesB4Close*60))
{
if(SendAlert) Alert("Look for Buying opportunity soon");
if(SendEmail) SendMail("Possible Buy setup on "+Symbol(),"Stop Reversal Indicator is anticipating a Buy setup on "+Symbol()+Period()+"in "+AlertMinutesB4Close+" minutes");
}
RedBar[shift]=Low[shift];
BlueBar[shift]=High[shift];
//SetOrder(OP_BUY,1,ask,2,0,ask+TakeProfit*Point,blue);
//Alert("buy");
SetIndexValue(shift, TrStopLevel);
}
if( Close[shift] < TrStopLevel && Close[shift+1]>PREV && PREV !=0)
{
if ((CurTime() -iTime(NULL,0,1))==(iTime(NULL,0,1)-iTime(NULL,0,2)-AlertMinutesB4Close*60)
&& (CurTime() -iTime(NULL,0,1))>=(iTime(NULL,0,2)-iTime(NULL,0,3)-AlertMinutesB4Close*60)
&& (CurTime() -iTime(NULL,0,2))>=(iTime(NULL,0,1)-iTime(NULL,0,3)-AlertMinutesB4Close*60))
{
if (SendAlert)Alert("Look for Selling opportunity soon");
if(SendEmail) SendMail("Possible Sell setup on "+Symbol(),"Stop Reversal Indicator is anticipating a Sellz setup on "+Symbol()+Period()+"in "+AlertMinutesB4Close+" minutes");
}
BlueBar[shift]=Low[shift];
RedBar[shift]=High[shift];
//SetOrder(OP_SELL,1,bid,2,0,bid-TakeProfit*Point,Red);
SetIndexValue2(shift, TrStopLevel);
//Alert("Sell");
}
PREV=TrStopLevel;
//Alert(TrStopLevel);
}
return(0);
}
Sample
Analysis
Market Information Used:
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
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen
It sends emails