//+------------------------------------------------------------------+ //| Custom Moving Average.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_chart_window #property indicator_buffers 1 #property indicator_color1 Red //---- indicator parameters extern int ExtDepth=12; extern int ExtDeviation=5; extern int ExtBackstep=3; //---- indicator buffers double ExtMapBuffer[]; double ExtMapBuffer2[]; int timeFirstBar=0; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { IndicatorBuffers(2); //---- drawing settings SetIndexStyle(0,DRAW_SECTION); //---- indicator buffers mapping SetIndexBuffer(0,ExtMapBuffer); SetIndexBuffer(1,ExtMapBuffer2); SetIndexEmptyValue(0,0.0); SetIndexEmptyValue(1,0.0); // ArraySetAsSeries(ExtMapBuffer,true); // ArraySetAsSeries(ExtMapBuffer2,true); //---- indicator short name IndicatorShortName("ZigZag("+ExtDepth+","+ExtDeviation+","+ExtBackstep+")"); //---- initialization done return(0); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int start() { int shift, back,lasthighpos,lastlowpos; double val,res; double curlow,curhigh,lasthigh,lastlow; if (timeFirstBar!=Time[Bars-1]) { timeFirstBar=Time[Bars-IndicatorCounted()-1]; for (shift=Bars-1; shift>0;shift--) {ExtMapBuffer[shift]=0.0; ExtMapBuffer2[shift]=0.0;} } for(shift=Bars-ExtDepth; shift>=0; shift--) { val=Low[Lowest(NULL,0,MODE_LOW,ExtDepth,shift)]; if(val==lastlow) val=0.0; else { lastlow=val; if((Low[shift]-val)>(ExtDeviation*Point)) val=0.0; else { for(back=1; back<=ExtBackstep; back++) { res=ExtMapBuffer[shift+back]; if((res!=0)&&(res>val)) ExtMapBuffer[shift+back]=0.0; } } } if (Low[shift]==val) ExtMapBuffer[shift]=val; //--- high val=High[Highest(NULL,0,MODE_HIGH,ExtDepth,shift)]; if(val==lasthigh) val=0.0; else { lasthigh=val; if((val-High[shift])>(ExtDeviation*Point)) val=0.0; else { for(back=1; back<=ExtBackstep; back++) { res=ExtMapBuffer2[shift+back]; if((res!=0)&&(res<val)) ExtMapBuffer2[shift+back]=0.0; } } } if (High[shift]==val) ExtMapBuffer2[shift]=val; } // final cutting lasthigh=-1; lasthighpos=-1; lastlow=-1; lastlowpos=-1; for(shift=Bars-ExtDepth; shift>=0; shift--) { curlow=ExtMapBuffer[shift]; curhigh=ExtMapBuffer2[shift]; if((curlow==0)&&(curhigh==0)) continue; //--- if(curhigh!=0) { if(lasthigh>0) { if(lasthigh<curhigh) ExtMapBuffer2[lasthighpos]=0; else ExtMapBuffer2[shift]=0; } //--- if(lasthigh<curhigh || lasthigh<0) { lasthigh=curhigh; lasthighpos=shift; } lastlow=-1; } //---- if(curlow!=0) { if(lastlow>0) { if(lastlow>curlow) ExtMapBuffer[lastlowpos]=0; else ExtMapBuffer[shift]=0; } //--- if((curlow<lastlow)||(lastlow<0)) { lastlow=curlow; lastlowpos=shift; } lasthigh=-1; } } for(shift=Bars-1; shift>=0; shift--) { if(shift>=Bars-ExtDepth) ExtMapBuffer[shift]=0.0; else { res=ExtMapBuffer2[shift]; if(res!=0.0) { if (ExtMapBuffer[shift]!=0.0) ExtMapBuffer[shift]=0.0; else ExtMapBuffer[shift]=res; } } } }
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Series array that contains the lowest prices of each bar
Series array that contains the highest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_SECTION
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: