//+------------------------------------------------------------------+
//| Volatility.Pivot.mq4 |
//+------------------------------------------------------------------+
#property copyright "thanks to S.B.T. (Japan)"
#property link "http://sufx.core.t3-ism.net/" //<<< convert this from VT, thanks mate !!!
//----
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
//---- input parameters
extern double atr_range=100;
extern double ima_range=10;
extern double atr_factor=3;
extern int Mode=0;
extern double DeltaPrice=30;
//---- buffers
double TrStop[];
double ATR[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0, DRAW_LINE,STYLE_SOLID,1);
SetIndexBuffer(0, TrStop);
SetIndexStyle(1, DRAW_NONE);
SetIndexBuffer(1, ATR);
//----
string short_name="!! RisenbergVolatilityCapture";
IndicatorShortName(short_name);
SetIndexLabel(1,"range base");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int limit;
int i;
//----
double DeltaStop;
//----
limit=Bars;
for(i=0; i < limit; i ++)
{
ATR[i]=iATR(NULL,0,atr_range,i);
}
for(i=limit - 1; i>=0; i --)
{
if (Mode==0)
{
DeltaStop=iMAOnArray(ATR,0,ima_range,0,MODE_EMA,i) * atr_factor;
//DeltaStop = iATR(NULL,0,atr_range,i) * atr_factor;
}
else
{
DeltaStop=DeltaPrice*Point;
}
if (Close[i]==TrStop[i + 1])
{
TrStop[i]=TrStop[i + 1];
}
else
{
if (Close[i+1]<TrStop[i+1] && Close[i]<TrStop[i+1])
{
TrStop[i]=MathMin(TrStop[i + 1], Close[i] + DeltaStop);
}
else
{
if (Close[i+1]>TrStop[i+1] && Close[i]>TrStop[i+1])
{
TrStop[i]=MathMax(TrStop[i+1], Close[i] - DeltaStop);
}
else
{
if (Close[i] > TrStop[i+1]) TrStop[i]=Close[i] - DeltaStop; else TrStop[i]=Close[i] + DeltaStop;
}
}
}
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Implements a curve of type DRAW_NONE
Indicators Used:
Indicator of the average true range
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: