R2_Arrows_v2





//+------------------------------------------------------------------+
//|                                                 R2_Arrows_v2.mq4 |
//|            Copyright © 2006, transport_david , David W Honeywell |
//|                                     hellonwheels.trans@gmail.com |
//+------------------------------------------------------------------+

#property copyright "transport_david , David W Honeywell"
#property link      "hellonwheels.trans@gmail.com"

#property indicator_chart_window
#property indicator_buffers 3
#property indicator_color1 Coral
#property indicator_color2 White
#property indicator_color3 SlateGray

//---- input parameters

extern int Trend_Ma_Periods    = 200;
extern int RsiPeriods          =   2;
extern int Applied_Price       =   0;
extern string s1 = "---------------";
extern int BuyIfRsiBelow       =  65;
extern int SellIfRsiAbove      =  35;
extern string s2 = "---------------";
extern int CloseBuyIfRsiAbove  =  75;
extern int CloseSellIfRsiBelow =  25;

//---- buffers

double ExtMapBuffer0[];
double ExtMapBuffer1[];
double ExtMapBuffer2[];

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+

int init()
  {
//---- indicators
   
   IndicatorBuffers(3);
   
   SetIndexEmptyValue(0,0.0);
   SetIndexStyle(0,DRAW_ARROW);
   SetIndexArrow(0,234);
   SetIndexBuffer(0,ExtMapBuffer0);
   
   SetIndexEmptyValue(1,0.0);
   SetIndexStyle(1,DRAW_ARROW);
   SetIndexArrow(1,233);
   SetIndexBuffer(1,ExtMapBuffer1);
   
   SetIndexEmptyValue(2,0.0);
   SetIndexStyle(2,DRAW_ARROW);
   SetIndexArrow(2,172);
   SetIndexBuffer(2,ExtMapBuffer2);
   
   IndicatorShortName("R2_Arrows_v2");
   
//----
   return(0);
  }

//+------------------------------------------------------------------+ 
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+

int deinit()
  {
//---- 
   
//----
   return(0);
  } 

//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+ 

int start()
  {
   
//---- 
   for (int i=Bars-50; i>=0; i--)
      {
      
      double prevtime;
      if (prevtime != Time[0]) { RefreshRates(); prevtime=Time[0]; } 
      
      double Trend_Ma = iMA(Symbol(),PERIOD_D1,Trend_Ma_Periods,0,MODE_SMA,Applied_Price,i);
      
      double Day1 = iRSI(Symbol(),PERIOD_D1,RsiPeriods,Applied_Price,i+3);
      double Day2 = iRSI(Symbol(),PERIOD_D1,RsiPeriods,Applied_Price,i+2);
      double Day3 = iRSI(Symbol(),PERIOD_D1,RsiPeriods,Applied_Price,i+1);
      
      //- Sell Arrows ---
      if ( (Close[i+1] < Trend_Ma) && (Day1 > SellIfRsiAbove) && (Day2 > Day1) && (Day3 > Day2) )
         ExtMapBuffer0[i]=High[i]+(20*Point);//High arrow Sell
      
      //- Buy Arrows ---
      if ( (Close[i+1] > Trend_Ma) && (Day1 < BuyIfRsiBelow) && (Day2 < Day1) && (Day3 < Day2) )
         ExtMapBuffer1[i]=Low[i]-(20*Point);//Low arrow Buy 
      
      //- Close Trades Marker ---
      if ( (Close[i+1] < Trend_Ma) && (Day3 < CloseSellIfRsiBelow) )
         ExtMapBuffer2[i]=Low[i]-(50*Point);
      
      if ( (Close[i+1] > Trend_Ma) && (Day3 > CloseBuyIfRsiAbove) )
         ExtMapBuffer2[i]=High[i]+(50*Point);
      
      }
       
//----
   return(0);
  }
//+------------------------------------------------------------------+





Sample





Analysis



Market Information Used:

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

Implements a curve of type DRAW_ARROW


Indicators Used:

Moving average indicator
Relative strength index


Custom Indicators Used:

Order Management characteristics:

Other Features: