/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| wlxBWWiseMan-2.mq4 |
//| Copyright © 2005, wellx |
//| http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, wellx"
#property link "http://www.metaquotes.net"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Green
//---- input parameters
extern int updown = 10;
extern bool UseAlert=true;
//---- buffers
double BWWM2Up[];
double BWWM2Down[];
string UD="";
//----
int pos = 0;
double AO, AO1, AO2, AO3, AO4;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexBuffer(0, BWWM2Up);
SetIndexBuffer(1, BWWM2Down);
//----
SetIndexStyle(0, DRAW_ARROW, 0, 2);
SetIndexStyle(1, DRAW_ARROW, 0, 2);
//----
SetIndexArrow(0, 140);
SetIndexArrow(1, 141);
//----
IndicatorShortName("StrInd(" + updown + ")");
SetIndexLabel(0, "StrIndUp");
SetIndexLabel(1, "StrIndDn");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int cbars = IndicatorCounted();
//----
if(cbars < 0)
return(-1);
//----
if(cbars > 0)
cbars--;
//----
if(cbars > (Bars - 40))
pos = (Bars - 40);
else
pos = Bars - cbars;
//----
while(pos > 0)
{
BWWM2Up[pos] = NULL;
BWWM2Down[pos] = NULL;
AO = iAO(NULL, 0, pos);
AO1 = iAO(NULL, 0, pos + 1);
AO2 = iAO(NULL, 0, pos + 2);
AO3 = iAO(NULL, 0, pos + 3);
AO4 = iAO(NULL, 0, pos + 4);
//----
if((AO4 > 0.0 && AO3 > 0.0) && (AO4 < AO3 && AO3 > AO2 && AO2 >AO1 && AO1 > AO))
BWWM2Up[pos] = (High[pos] + updown*Point);
if (pos < 2 )
{
UD=" Up.";
DoAlert(UD);
}
//----
if((AO4 < 0.0 && AO3 < 0.0) && (AO4 > AO3 && AO3 < AO2 && AO2 < AO1 && AO1 < AO))
BWWM2Down[pos] = (Low[pos] - updown*Point);
if (pos < 2 )
{
UD=" Down.";
DoAlert(UD);
}
pos--;
}
return(0);
// SpeechText("There is an opportunity to buy or sell ",
}
void DoAlert(string UD)
{
if (!NewBar() || !UseAlert)
return;
Alert (Symbol()," ",Period(),"WisemanAO ",UD);
}
bool NewBar()
{
static datetime dt = 0;
if (dt != Time[0])
{
dt = Time[0];
return(true);
}
}
Sample
Analysis
Market Information Used:
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Series array that contains open time of each bar
Indicator Curves created:
Implements a curve of type DRAW_ARROW
Indicators Used:
Bill Williams Awesome oscillator
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen