//+------------------------------------------------------------------+ //| Williams’ Percent Range.mq4 | //| Copyright © 2005, MetaQuotes Software Corp. | //| http://www.metaquotes.net/ | //+------------------------------------------------------------------+ #property copyright "Copyright © 2005, MetaQuotes Software Corp." #property link "http://www.metaquotes.net/" #property indicator_separate_window #property indicator_minimum -100 #property indicator_maximum 0 #property indicator_buffers 1 #property indicator_color1 DodgerBlue #property indicator_level1 -20 #property indicator_level2 -80 //---- input parameters extern int ExtWPRPeriod=14; //---- buffers double ExtWPRBuffer[]; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { string sShortName; //---- indicator buffer mapping SetIndexBuffer(0,ExtWPRBuffer); //---- indicator line SetIndexStyle(0,DRAW_LINE); //---- name for DataWindow and indicator subwindow label sShortName="%R("+ExtWPRPeriod+")"; IndicatorShortName(sShortName); SetIndexLabel(0,sShortName); //---- first values aren't drawn SetIndexDrawBegin(0,ExtWPRPeriod); //---- return(0); } //+------------------------------------------------------------------+ //| Williams’ Percent Range | //+------------------------------------------------------------------+ int start() { int i,nLimit,nCountedBars; //---- insufficient data if(Bars<=ExtWPRPeriod) return(0); //---- bars count that does not changed after last indicator launch. nCountedBars=IndicatorCounted(); //----Williams’ Percent Range calculation i=Bars-ExtWPRPeriod-1; if(nCountedBars>ExtWPRPeriod) i=Bars-nCountedBars-1; while(i>=0) { double dMaxHigh=High[Highest(NULL,0,MODE_HIGH,ExtWPRPeriod,i)]; double dMinLow=Low[Lowest(NULL,0,MODE_LOW,ExtWPRPeriod,i)]; ExtWPRBuffer[i]=-100*(dMaxHigh-Close[i])/(dMaxHigh-dMinLow); i--; } //---- 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
Series array that contains close prices for each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: