GiantBarV03





//+------------------------------------------------------------------+
//|                                                    Giant Bar.mq4 |
//|                                                           Novice |
//|                                                          ver. 03 |
//| Robert Hill: ver. 03 - changed to work on timeframes less than   |
//|                        hourly                                    |
//+------------------------------------------------------------------+
#property  indicator_chart_window
extern int barsolidheight=30;
extern int alertinterval=120;
string barbody="";
int NextMinute=0;
int NextPeriod=0;
double mOpen, mClose, mDif;
double bsh;

int init()
{
   bsh = barsolidheight*Point;
   NextMinute = Minute();
   return (0);
}

int start()
  {
   mClose = iClose(0,0,0);
   mOpen = iOpen(0,0,0);
   mDif = MathAbs(mClose - mOpen);
   if(mDif > bsh)
   {
       if( Minute()>=NextMinute)
       {
          if (NextPeriod == 0)
          {
             if(mClose>mOpen)
                 barbody=" min. - BULL candle moved ";
             else if(mClose < mOpen)
                 barbody=" min. - BEAR candle moved ";
             Alert(Symbol()," ",Period(),barbody,mDif/Point," pip(s)");
             NextMinute=Minute()+alertinterval;
             NextPeriod = 1;
             if(NextMinute>=Period()) {NextMinute-=Period();NextPeriod=0;}
          }
       }
       
   }
   return(0);
  }



Sample





Analysis



Market Information Used:

Series array that contains close prices for each bar
Series array that contains open prices of each bar


Indicator Curves created:


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features:

It issuies visual alerts to the screen