//+------------------------------------------------------------------+
//| deMark_Trendlines.mq4 |
//+------------------------------------------------------------------+
#property indicator_chart_window
extern int StepBack=0;
extern color UpLineColor = Magenta;
extern int UpLnWidth = 1;
extern color DnLineColor = Aqua;
extern int DnLnWidth = 1;
extern bool UseAlert = true;
int i=1,NP=0,D=0,
CurPeriod=0;
datetime nTime=0;
double iP=0,
UpP[2]={0,0},
DownP[2]={0,0};
double RisingTrend,FallingTrend,LastClose;
double PriorRisingTrend,PriorFallingTrend,PriorLastClose;
int DownBT[2]={0,0}, // Bar Time
UpBT[2]={0,0},
UpB[2]={0,0}, // Bar Num
DownB[2]={0,0};
string buff_str = "";
bool NewBar()
{
static datetime lastbar = 0;
datetime curbar = Time[0];
if(lastbar!=curbar)
{
lastbar=curbar;
return (true);
}
else
{
return (false);
}
}
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
ObjectDelete("FallingTrend");
ObjectDelete("RisingTrend");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
if ( (nTime!=Time[0]) || (CurPeriod!=Period()) ) {
UpP[0] = 0;
UpP[1] = 0;
//=================================================
//******** Ïîèñê îïîðíûõ òî÷åê ïðåäëîæåíèÿ ********
//=================================================
for(i=2+StepBack,D=2,NP=0; (NP<D)&&(i<Bars); i++) {//Begin
if (High[i]!= High[i+1]) {
if( (High[i]>High[i+1] && High[i]>High[i-1] && High[i]>Close[i+2] )
&& High[i]> UpP[0] ) {
UpB[NP] = i;
UpBT[NP] = Time[i];
UpP[NP] = High[i];
NP++;
}
}
if (High[i]== High[i+1]) {
if ( (High[i]>High[i+2] && High[i]>High[i-1] && High[i]>Close[i+3] ) && High[i]> UpP[0] ) {
UpB[NP] = i;
UpBT[NP] = Time[i];
UpP[NP] = High[i];
NP++;
}
}
if(i == (Bars-2) ) {
UpB[NP] = i;
UpBT[NP] = Time[i];
UpP[NP] = High[i];
break;
}
}
//=================================================
//********** Ïîèñê îïîðíûõ òî÷åê ñïðîñà ***********
//=================================================
DownP[0] = 1000000000;
DownP[1] = 1000000000;
for(i=2+StepBack,D=2,NP=0; (NP<D)&&(i<Bars); i++) {//Begin
if (Low[i]!= Low[i+1]) {
if ( (Low[i]<Low[i+1] && Low[i]<Low[i-1] && Low[i]<Close[i+2] ) && Low[i]< DownP[0] ){
DownB[NP] = i;
DownBT[NP]= Time[i];
DownP[NP] = Low[i];
NP++;
}
}
if (Low[i]== Low[i+1]) {
if ( (Low[i]<Low[i+2] && Low[i]<Low[i-1] && Low[i]<Close[i+3] ) && Low[i]< DownP[0] ){
DownB[NP] = i;
DownBT[NP]= Time[i];
DownP[NP] = Low[i];
NP++;
}
}
if (i == (Bars-2) ) {
DownB[NP] = i;
DownBT[NP]= Time[i];
DownP[NP] = Low[i];
break;
}
}
//=================================================
//**** Ðèñóåì TD-ëèíèè ****
//=================================================
buff_str = "FallingTrend";
if(ObjectFind(buff_str) == -1) {
ObjectCreate(buff_str, OBJ_TREND, 0, UpBT[1], UpP[1],UpBT[0], UpP[0]);
ObjectSet(buff_str, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet(buff_str, OBJPROP_COLOR, UpLineColor);
ObjectSet(buff_str, OBJPROP_WIDTH, UpLnWidth);
}
else {
ObjectDelete(buff_str);
ObjectCreate(buff_str, OBJ_TREND, 0, UpBT[1], UpP[1],UpBT[0], UpP[0]);
ObjectSet(buff_str, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet(buff_str, OBJPROP_COLOR, UpLineColor);
ObjectSet(buff_str, OBJPROP_WIDTH, UpLnWidth);
}
buff_str = "RisingTrend";
if(ObjectFind(buff_str) == -1) {
ObjectCreate(buff_str, OBJ_TREND, 0, DownBT[1], DownP[1],DownBT[0], DownP[0]);
ObjectSet(buff_str, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet(buff_str, OBJPROP_COLOR, DnLineColor);
ObjectSet(buff_str, OBJPROP_WIDTH, DnLnWidth);
}
else {
ObjectDelete(buff_str);
ObjectCreate(buff_str, OBJ_TREND, 0, DownBT[1], DownP[1],DownBT[0], DownP[0]);
ObjectSet(buff_str, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet(buff_str, OBJPROP_COLOR, DnLineColor);
ObjectSet(buff_str, OBJPROP_WIDTH, DnLnWidth);
}
CurPeriod = Period();
nTime = Time[0];
//====================================================================
// Alert if last bar closes outside of trendline
//====================================================================
RisingTrend=ObjectGetValueByShift("RisingTrend",1);
FallingTrend=ObjectGetValueByShift("FallingTrend",1);
LastClose=iClose(NULL,0,1);
PriorRisingTrend=ObjectGetValueByShift("RisingTrend",2);
PriorFallingTrend=ObjectGetValueByShift("FallingTrend",2);
PriorLastClose=iClose(NULL,0,2);
if (NewBar()==true && (UseAlert) && LastClose<RisingTrend && PriorLastClose>=PriorRisingTrend) Alert(Symbol()+" "+Period()+": Up Trend broken @ "+DoubleToStr(RisingTrend,Digits)+" - Look to go SHORT");
if (NewBar()==true && (UseAlert) && LastClose>FallingTrend && PriorLastClose<=PriorRisingTrend) Alert(Symbol()+" "+Period()+": Down Trend broken @ "+DoubleToStr(FallingTrend,Digits)+" - Look to go LONG");
}
}
//====================================================================
// Code End
//====================================================================
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Series array that contains the highest prices of each bar
Series array that contains close prices for each bar
Series array that contains the lowest prices of each bar
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen