MRO2





//+------------------------------------------------------------------+
//|                                                         MRO2.mq4 |
//|                      Copyright © 2005, MetaQuotes Software Corp. |
//|                                        http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, MetaQuotes Software Corp."
#property link      "http://www.metaquotes.net"

#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Red
//---- input parameters
extern int       periodMRO2=7;
//---- buffers
double RatedRangeBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   SetIndexStyle(0,DRAW_LINE);
   SetIndexBuffer(0,RatedRangeBuffer);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- TODO: add your code here
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   double Range,AvrRange;
   int shift,i;
   int    counted_bars=Bars-periodMRO2-1;
//---- TODO: add your code here
   for (shift=counted_bars;shift>=0;shift--)
      {
      Range=0.0;
      for (i=shift+1;i<=shift+periodMRO2;i++)
         {
         Range=Range+MathAbs(High[i]-Low[i]);
         };
      AvrRange=Range/periodMRO2;
      //RatedRangeBuffer[shift]=AvrRange/Point;
      RatedRangeBuffer[shift]=MathAbs(Close[shift+1]-Close[shift+4])/AvrRange;
      };   
   
//----
   return(0);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:

Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Series array that contains close prices for each bar


Indicator Curves created:

Implements a curve of type DRAW_LINE


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: