FractalVolOpt





//+------------------------------------------------------------------+
//|                                                  wlxFractals.mq4 |
//|         Copyright © 2004, by konKop, GOODMAN, Mstera, af + wellx |
//|                                        http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2004, by wellx"
#property link      "http://www.metaquotes.net"

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 DeepSkyBlue
#property indicator_color2 Red
#property indicator_width1 3
#property indicator_width2 3

//---- input parameters
extern int       Equals=5;
extern int       nLeftUp=2;
extern int       nRightUp=2;
extern int       nLeftDown=2;
extern int       nRightDown=2;
extern int AllBars = 2400;

//---- buffers
double FractalsUp[];
double FractalsDown[];

int pos=0, cntup=0, cntdown=0, cnt=0;
int r=0,l=0,e=0;
int fup=0,fdown=0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   SetIndexStyle(0,DRAW_ARROW);
   SetIndexArrow(0,217);
   SetIndexBuffer(0,FractalsUp);
   SetIndexEmptyValue(0,0.0);
   SetIndexStyle(1,DRAW_ARROW);
   SetIndexArrow(1,218);
   SetIndexBuffer(1,FractalsDown);
   SetIndexEmptyValue(1,0.0);
   
   cntup=nLeftUp+nRightUp+Equals+1;
   cntdown=nLeftDown+Equals+1;
   if (cntup>=cntdown) cnt=cntup;
   if (cntup<cntdown)  cnt=cntdown; 
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- TODO: add your code here
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   int i=0, j=0;
   int cbars=IndicatorCounted();
   if  (cbars<0) return(-1);
   if  (cbars>0) cbars--;
   
   pos=0;
   int limit = Bars-cnt-1;
   if (limit > AllBars) limit = AllBars;       
   if (cbars > (limit)) pos=limit;
   else pos=cbars+nRightUp;
   while (pos>=nRightUp)
    {
     FractalsUp[pos]  =0.0;
     FractalsDown[pos]=0.0;
     
     //ôÐRENRË ÂÂLÐO
     r=nRightUp; //ddîâld?le ddrâót nnîdîíó ôdrenrër
     for (i=1;i<=r;i++)
     {
      if (High[pos]<=High[pos-i]) break;
     }
     
     //lnëc nddrâr ânl ÎE nî i äîëcíî áunü drâíî r+1
     if (i==r+1) //FractalsUp[pos]=High[pos];
     {
      l=nLeftUp;  //ddîâld?le ëlâót nnîdîíó ôdrenrër
      e=Equals;
      for (j=1;j<=l+Equals;j++)
       {
      
        if (High[pos] < High[pos+j]) break;
        if (High[pos] > High[pos+j]) l--;
        if (High[pos] == High[pos+j])e--;
        if (l==0) 
         {
           if (iVolume(NULL,0,pos+1) <= iVolume(NULL,0,pos))
           {
            if (High[pos] - Close[pos] > (Close[pos] - Open[pos])/2) FractalsUp[pos]=High[pos];
           }
           break;
         }
        if (e<0) break;
       }
     }
     
     //ÔÐRENRË ÂÍCÇ
     r=nRightDown; //ddîâld?le ddrâót nnîdîíó ôdrenrër
     for (i=1;i<=r;i++)
     {
      if (Low[pos]>=Low[pos-i]) break;
     }  
   
     if (i==r+1) //FractalsUp[pos]=High[pos];
     {
      l=nLeftDown;  //ddîâld?le ëlâót nnîdîíó ôdrenrër
      e=Equals;
      for (j=1;j<=l+Equals;j++)
       {
        
        if (Low[pos] > Low[pos+j]) break;
        if (Low[pos] < Low[pos+j]) l--;
        if (Low[pos] == Low[pos+j])e--;
        if (l==0) 
         {
           if (iVolume(NULL,0,pos+1) <= iVolume(NULL,0,pos))
           {
            if (Close[pos] - Low[pos] > (Open[pos] - Close[pos])/2) FractalsDown[pos]=Low[pos];
           }
           break;
         }
        if (e<0) break;
       }
     }
    pos--;
    }
//----
   return(0);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:

Series array that contains the highest prices of each bar
Series array that contains tick volumes of each bar
Series array that contains close prices for each bar
Series array that contains open 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:



Custom Indicators Used:

Order Management characteristics:

Other Features: