//+------------------------------------------------------------------+
//| LineFractals_Alert.mq4 |
//+------------------------------------------------------------------+
#property indicator_chart_window
extern color SupLineColor = Magenta;
extern int SupLnWidth = 1;
extern color ResLineColor = Aqua;
extern int ResLnWidth = 1;
extern bool UseAlert = true;
double Support,Resistance,LastClose;
double PriorSupport,PriorResistance,PriorLastClose;
bool NewBar()
{
static datetime lastbar = 0;
datetime curbar = Time[0];
if(lastbar!=curbar)
{
lastbar=curbar;
return (true);
}
else
{
return (false);
}
}
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
ObjectCreate("Support", OBJ_TREND, 0,0,0,0,0);
ObjectCreate("Resistance", OBJ_TREND, 0,0,0,0,0);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
ObjectDelete("Support");
ObjectDelete("Resistance");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
//----
double F1=0, F3=0, F13;
int B1, B3, SR=2;
while(F3==0)
{
F13=iFractals(NULL,0,MODE_LOWER,SR);
if (F13!=0)
{
if (F1==0){B1=SR; F1=F13;}
else if (F3==0){B3=SR; F3=F13;}
}
SR++;
}
ObjectSet("Support", OBJPROP_TIME1 ,iTime(NULL,0,B3));
ObjectSet("Support", OBJPROP_TIME2 ,iTime(NULL,0,B1));
ObjectSet("Support", OBJPROP_PRICE1,iLow(NULL,0,B3));
ObjectSet("Support", OBJPROP_PRICE2,iLow(NULL,0,B1));
ObjectSet("Support", OBJPROP_RAY , True);
ObjectSet("Support", OBJPROP_COLOR, SupLineColor);
ObjectSet("Support", OBJPROP_WIDTH, SupLnWidth);
//----
double G1=0, G3=0, G13;
int C1, C3, RR=2;
while(G3==0)
{
G13=iFractals(NULL,0,MODE_UPPER,RR);
if (G13!=0)
{
if (G1==0){C1=RR; G1=G13;}
else if (G3==0){C3=RR; G3=G13;}
}
RR++;
}
ObjectSet("Resistance", OBJPROP_TIME1 ,iTime(NULL,0,C3));
ObjectSet("Resistance", OBJPROP_TIME2 ,iTime(NULL,0,C1));
ObjectSet("Resistance", OBJPROP_PRICE1,iHigh(NULL,0,C3));
ObjectSet("Resistance", OBJPROP_PRICE2,iHigh(NULL,0,C1));
ObjectSet("Resistance", OBJPROP_RAY , True);
ObjectSet("Resistance", OBJPROP_COLOR, ResLineColor);
ObjectSet("Resistance", OBJPROP_WIDTH, ResLnWidth);
//====================================================================
// Alert if last bar closes outside of trendlines
//====================================================================
Support=ObjectGetValueByShift("Support",1);
Resistance=ObjectGetValueByShift("Resistance",1);
LastClose=iClose(NULL,0,1);
PriorSupport=ObjectGetValueByShift("Support",2);
PriorResistance=ObjectGetValueByShift("Resistance",2);
PriorLastClose=iClose(NULL,0,2);
if (NewBar()==true && (UseAlert) && LastClose<Support && PriorLastClose>=PriorSupport) Alert(Symbol()+" "+Period()+": Support broken @ "+DoubleToStr(Support,Digits)+" - Look to go SHORT");
if (NewBar()==true && (UseAlert) && LastClose>Resistance && PriorLastClose<=PriorSupport) Alert(Symbol()+" "+Period()+": Resistance broken @ "+DoubleToStr(Resistance,Digits)+" - Look to go LONG");
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Series array that contains the lowest prices of each bar
Series array that contains the highest prices of each bar
Series array that contains close prices for each bar
Indicator Curves created:
Indicators Used:
Fractals
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen