wlxBWWiseMan-2_v2





//+------------------------------------------------------------------+
//|                                               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 Blue
#property indicator_color2 Red
//---- input parameters
extern int updown = 10;
//---- buffers
double BWWM2Up[];
double BWWM2Down[];
//----
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((AO4 < 0.0 && AO3 < 0.0) && (AO4 > AO3 && AO3 < AO2 && AO2 < AO1 && AO1 < AO)) 
           BWWM2Down[pos] = (Low[pos] - updown*Point);
       pos--;    
     }
   return(0);
  }
//+------------------------------------------------------------------+



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


Indicator Curves created:


Implements a curve of type DRAW_ARROW

Indicators Used:

Bill Williams Awesome oscillator


Custom Indicators Used:

Order Management characteristics:

Other Features: