//+------------------------------------------------------------------+
//| DIBS_TriggerLines.mq4 |
//| Copyright © 2008, ForexArea.com |
//| http://www.forexarea.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2008, ForexArea.com"
#property link "http://www.forexarea.com"
// DIBS Indicator - for more information http://www.forexfactory.com/showthread.php?t=86766
// or http://www.forexfactory.com/showthread.php?t=56907
#property indicator_chart_window
extern int iOpenHour = 5; // open day hour
extern int iBarsToTrade = 9; // active hours to monitor (recommended 9-10)
extern int iTriggerLineLength = 7; // lenght of trigger lines
extern color cBuyTriggerClr = Lime;
extern color cSellTriggerClr = Red;
extern color cDayOpenClr = DeepPink;
extern bool bShowStoploss = false;
extern int iPriceLabelSize = 2;
extern string sComment1 = "---- Only set ONE alert to true!!! ----";
extern bool bPopUpAlert = false; // can only have one type of alert sound or popup
extern bool bSoundAlert = true; // NOT both!!!
extern string sSoundFile = "wait.wav"; // name of sound file
extern int iDelayBetweenAlarm = 60; // delay between each alarm
extern bool bBackTest = false; // set to false to only show current day
extern int iBarsToCount = 200;
double dBuyTriggerLines[], dSellTriggerLines[];
bool bDrawAll;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
NewBar();
bDrawAll = true;
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
for(int j = 0; j <= 25000; j++){
ObjectDelete("DIBS_Trigger_B" + j);
ObjectDelete("DIBS_Trigger_S" + j);
ObjectDelete("DIBS_DayOpen" + j);
ObjectDelete("DIBS_Stoploss_B" + j);
ObjectDelete("DIBS_Stoploss_S" + j);
}
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
if(Period() != PERIOD_H1){Comment("Only works on 1H timeframe!"); return(0);}
int limit;
int counted_bars=IndicatorCounted();
int iBarHour;
int iExtension;
double dDayOpenPrice;
bool bDrawToday;
int iUniqueID;
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- the last counted bar will be recounted
if(counted_bars>0) counted_bars--;
if(iBarsToCount == 0){
limit=Bars-counted_bars;
}else{
limit=iBarsToCount-counted_bars;
}
//---- main loop
for(int i=limit; i>0; i--){
bDrawToday = false;
// only draw objects for today
if(bBackTest == false && TimeDay(Time[i]) == TimeDay(TimeCurrent()) && TimeMonth(Time[i]) == TimeMonth(TimeCurrent())){
bDrawToday = true;
}else{
//bDrawToday = false;
}
if(bBackTest == true){
bDrawToday = true;
}
if(bDrawToday){
// only trade set hours
iBarHour = TimeHour(Time[i]);
if( iBarHour >= iOpenHour && iBarHour <= iOpenHour + iBarsToTrade){
// get day open price
if(iBarHour == iOpenHour){
dDayOpenPrice = iOpen(NULL, 0, i);
// draw vertical bar to show open of day
ObjectCreate("DIBS_DayOpen" + i, OBJ_VLINE, 0, Time[i], 0);
ObjectSet("DIBS_DayOpen" + i, OBJPROP_COLOR, cDayOpenClr);
ObjectSet("DIBS_DayOpen" + i, OBJPROP_STYLE, STYLE_DOT);
}
// see if we have an inside bar
if(iHigh(NULL, 0, i) <= iHigh(NULL, 0, i+1) && iLow(NULL, 0,i) >= iLow(NULL, 0, i+1)){
// IB found so draw triggers
if(iHigh(NULL, 0, i) > dDayOpenPrice){
// draw buy trigger object
if(i<iBarsToTrade){
iExtension = i;
//iUniqueID = 25000;
iUniqueID = i;
}else{
iExtension = iBarsToTrade;
iUniqueID = i;
}
if(bSoundAlert && i == 1)Alerts(1);
if(bPopUpAlert && i == 1)Alert("DIBS " + Symbol() + " - Buy Trigger");
if(ObjectFind("DIBS_Trigger_B" + iUniqueID) != 0){
ObjectCreate("DIBS_Trigger_B" + iUniqueID, OBJ_TREND, 0, Time[i], iHigh(NULL, 0, i) , Time[i-iExtension], iHigh(NULL, 0, i));
ObjectSet("DIBS_Trigger_B" + iUniqueID, OBJPROP_RAY, false);
ObjectSet("DIBS_Trigger_B" + iUniqueID, OBJPROP_WIDTH, 3);
ObjectSet("DIBS_Trigger_B" + iUniqueID, OBJPROP_COLOR, cBuyTriggerClr);
}else{
ObjectMove("DIBS_Trigger_B" + iUniqueID, 2, Time[i], iHigh(NULL, 0, i));
}
if(bShowStoploss){
ObjectCreate("DIBS_Stoploss_B" + iUniqueID, OBJ_ARROW, 0, Time[i], iLow(NULL, 0, i));
ObjectSet("DIBS_Stoploss_B" + iUniqueID, OBJPROP_ARROWCODE, 5);
ObjectSet("DIBS_Stoploss_B" + iUniqueID, OBJPROP_COLOR, cBuyTriggerClr);
ObjectSet("DIBS_Stoploss_B" + iUniqueID, OBJPROP_WIDTH, iPriceLabelSize);
}
}
if(iLow(NULL, 0, i) < dDayOpenPrice){
// draw sell trigger object
if(i<iBarsToTrade){
iExtension = i;
//iUniqueID = 25000;
iUniqueID = i;
}else{
iExtension = iBarsToTrade;
iUniqueID = i;
}
if(bSoundAlert && i == 1)Alerts(1);
if(bPopUpAlert && i == 1)Alert("DIBS " + Symbol() + " - Sell Trigger");
if(ObjectFind("DIBS_Trigger_S" + iUniqueID) != 0){
ObjectCreate("DIBS_Trigger_S" + iUniqueID, OBJ_TREND, 0, Time[i], iLow(NULL, 0, i) , Time[i-iExtension], iLow(NULL, 0, i));
ObjectSet("DIBS_Trigger_S" + iUniqueID, OBJPROP_RAY, false);
ObjectSet("DIBS_Trigger_S" + iUniqueID, OBJPROP_WIDTH, 3);
ObjectSet("DIBS_Trigger_S" + iUniqueID, OBJPROP_COLOR, cSellTriggerClr);
}else{
ObjectMove("DIBS_Trigger_S" + iUniqueID, 2, Time[i], iLow(NULL, 0, i));
}
if(bShowStoploss){
ObjectCreate("DIBS_Stoploss_S" + iUniqueID, OBJ_ARROW, 0, Time[i], iHigh(NULL, 0, i));
ObjectSet("DIBS_Stoploss_S" + iUniqueID, OBJPROP_ARROWCODE, 5);
ObjectSet("DIBS_Stoploss_S" + iUniqueID, OBJPROP_WIDTH, iPriceLabelSize);
ObjectSet("DIBS_Stoploss_S" + iUniqueID, OBJPROP_COLOR, cSellTriggerClr);
}
}
}// if 3
}// if 2
}// if 1
}// for
//----
//----
return(0);
}
//+------------------------------------------------------------------+
bool NewBar() {
static datetime LastTime = 0;
if (Time[0] != LastTime) {
LastTime = Time[0];
return (true);
} else
return (false);
}
void Alerts(int Direction)
{
static datetime AlertLastTime = 0;
if(TimeCurrent() > AlertLastTime ) {
AlertLastTime = TimeCurrent()+iDelayBetweenAlarm;
PlaySound(sSoundFile);
}
}
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Series array that contains open prices of each bar
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen
It plays sound alerts