//+------------------------------------------------------------------+
//| Keltner ATR Bands .mq4 |
//| This is not Keltner Channels |
//| |
//| Converted by : Dr. Gaines |
//| dr_richard_gaines@yahoo.com |
//| |
//+------------------------------------------------------------------+
#property copyright " Copyright © 2005, MetaQuotes Software Corp."
#property link " http://www.metaquotes.net/"
//----
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Red
#include <stdlib.mqh>
//+------------------------------------------------------------------+
//| Common External variables |
//+------------------------------------------------------------------+
extern double MAPeriod=50;
extern double ATRMult=3.75;
//+------------------------------------------------------------------+
//| Special Convertion Functions |
//+------------------------------------------------------------------+
int LastTradeTime;
double ExtHistoBuffer[];
double ExtHistoBuffer2[];
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void SetLoopCount(int loops)
{
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void SetIndexValue(int shift, double value)
{
ExtHistoBuffer[shift]=value;
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void SetIndexValue2(int shift, double value)
{
ExtHistoBuffer2[shift]=value;
}
//+------------------------------------------------------------------+
//| End |
//+------------------------------------------------------------------+
int init()
{
SetIndexStyle(0, DRAW_LINE, STYLE_SOLID);
SetIndexBuffer(0, ExtHistoBuffer);
SetIndexStyle(1, DRAW_LINE, STYLE_SOLID);
SetIndexBuffer(1, ExtHistoBuffer2);
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int start()
{
//+------------------------------------------------------------------+
//| Local variables |
//+------------------------------------------------------------------+
int shift=0;
double ma=0;
double atr=0;
double KU=0;
double KL=0;
/*[[
Name := Keltner ATR Bands
Author := Copyright © 2005, MetaQuotes Software Corp.
Link := http://www.metaquotes.net/
Separate Window := No
First Color := White
First Draw Type := Line
First Symbol := 217
Use Second Data := Yes
Second Color := White
Second Draw Type := Line
Second Symbol := 218
]]*/
SetLoopCount(0);
// loop from first bar to current bar (with shift=0)
for(shift=Bars-1;shift>=0 ;shift--){
ma=iMA(NULL, 0, MAPeriod, 0, MODE_SMA, PRICE_CLOSE, shift);
atr=iATR(NULL, 0, MAPeriod, shift);
KU=ma + ATRMult*atr;
KL=ma - ATRMult*atr;
SetIndexValue(shift, KU);
SetIndexValue2(shift, KL);
}
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Moving average indicator
Indicator of the average true range
Custom Indicators Used:
Order Management characteristics:
Other Features: