//+------------------------------------------------------------------+
//| Large Close Swings Indicator.mq4 |
//+------------------------------------------------------------------+
#property copyright "Ron T"
#property link "http://www.lightpatch.com/forex"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 White
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
//----
int ExtCountedBars=0;
// indicator parameters
extern double Swing=0.0010;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//|------------------------------------------------------------------|
int init()
{
SetIndexStyle(0,DRAW_ARROW);
SetIndexBuffer(0, ExtMapBuffer1);
SetIndexArrow(0,226);
SetIndexStyle(1,DRAW_ARROW);
SetIndexBuffer(1, ExtMapBuffer2);
SetIndexArrow(1,225);
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
double sum=0;
double oldsum=0;
double change=0;
int i;
int pos=Bars-ExtCountedBars-1;
if(Bars<=10) return(0);
ExtCountedBars=IndicatorCounted();
// check for possible errors
if (ExtCountedBars<0) return(-1);
// last counted bar will be recounted
if (ExtCountedBars>0) ExtCountedBars--;
while(pos>=0)
{
change=Open[pos]-Close[pos];
if (change>Swing)
{
ExtMapBuffer1[pos]=Close[pos];
ExtMapBuffer2[pos]=0;
}
if (change<(Swing*(-1)))
{
ExtMapBuffer1[pos]=0;
ExtMapBuffer2[pos]=Close[pos];
}
pos--;
}
//---- zero initial bars
// if(ExtCountedBars<1)
// {
// for(i=1;i<MA_Period;i++) ExtMapBuffer1[Bars-i]=0;
// for(i=1;i<MA_Period;i++) ExtMapBuffer2[Bars-i]=0;
// }
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Series array that contains open prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_ARROW
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: