my_squeeze_Light





/*

*********************************************************************
          
                      Bollinger Squeeze v9
                  Original code by Nick Bilak
                   Modifications by Akuma99
                   Copyright © 2006  Akuma99
                  http://www.beginnertrader.com  

       For help on this indicator, tutorials and information 
               visit http://www.beginnertrader.com 
               
   Trigger types: 1-stochastic, 2-cci, 3-rsi, 4-macd, 5-momentum
                  
*********************************************************************

*/

#property copyright "Copyright © 2006, Akuma99"
#property link      "http://www.beginnertrader.com "

#property indicator_separate_window
#property indicator_buffers 6
#property indicator_color1 Lime
#property indicator_color2 Red
#property indicator_color3 Blue
#property indicator_color4 DeepSkyBlue
#property indicator_color5 Red
#property indicator_color6 SkyBlue

int       bolPrd=20;
double    bolDev=2.0;
int       keltPrd=20;
double    keltFactor=1.5;
extern int       triggerType=4;
extern int       stochPeriod_trigger1=14;
extern int       cciPeriod_trigger2=50;
extern int       rsiPeriod_trigger3=10;
extern int       macd_fastEMA_trigger4=5;
extern int       macd_slowEMA_trigger4=13;
extern int       macd_macdEMA_trigger4=1;
extern int       momentumPeriod_trigger5=14;

int       cciPeriod=50;

double upB[];
double loB[];
double upB2[];
double loB2[];
double mm[];
double histoLine[];
double arrowBuffer[];

int i,j,slippage=3;
double breakpoint=0.0;
double ema=0.0;
int peakf=0;
int peaks=0;
int valleyf=0;
int valleys=0, limit=0;
double ccis[61],ccif[61];
double delta=0;
double ugol=0;

int init() {

   IndicatorBuffers(6);
   
   SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID,4,indicator_color1);
   SetIndexBuffer(0,upB);
   SetIndexEmptyValue(0,EMPTY_VALUE);
   
   SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID,4,indicator_color2);
   SetIndexBuffer(1,loB);
   SetIndexEmptyValue(1,EMPTY_VALUE);

   SetIndexStyle(2,DRAW_HISTOGRAM,STYLE_SOLID,4,indicator_color3);
   SetIndexBuffer(2,upB2);
   SetIndexEmptyValue(2,EMPTY_VALUE);
   
   SetIndexStyle(3,DRAW_HISTOGRAM,STYLE_SOLID,4,indicator_color4);
   SetIndexBuffer(3,loB2);
   SetIndexEmptyValue(3,EMPTY_VALUE);
   
   SetIndexStyle(5,DRAW_LINE,0,1,indicator_color5);
   SetIndexBuffer(4,mm);
   
   SetIndexStyle(5,DRAW_LINE,0,1,indicator_color6);
   SetIndexBuffer(5,histoLine);
   
   SetIndexStyle(6,DRAW_ARROW);
   SetIndexArrow(6,159);
   SetIndexBuffer(6,arrowBuffer);
   
   return(0);
   
}

int deinit() {
   
   SetLevelValue(1,NULL);
   SetLevelValue(2,NULL);
   SetLevelValue(3,NULL);
   SetLevelValue(4,NULL);
   
}
int start() {

   int counted_bars=IndicatorCounted();
   int shift,limit;
   double diff,d,std,bbs;
   
   if (counted_bars<0) return(-1);
   if (counted_bars>0) counted_bars--;
   limit=Bars-31;
   if(counted_bars>=31) limit=Bars-counted_bars-1;

   for (shift=limit;shift>=0;shift--)   {
      
      switch (triggerType) {
         case 1:
         d=iStochastic(NULL,0,stochPeriod_trigger1,3,3,MODE_SMA,0,MODE_MAIN,shift)-50;
         SetLevelValue(1,30);
         SetLevelValue(2,-30);
         IndicatorShortName("Bollinger Squeeze with Stochastic ("+stochPeriod_trigger1+",3,3)");
         break;
         case 2:
         d=iCCI(NULL,0,cciPeriod_trigger2,PRICE_CLOSE,shift);
         SetLevelValue(1,-200);
         SetLevelValue(2,-100);
         SetLevelValue(3,100);
         SetLevelValue(4,200);
         IndicatorShortName("Bollinger Squeeze with CCI ("+cciPeriod_trigger2+",CLOSE)");
         break;
         case 3:
         d=iRSI(NULL,0,rsiPeriod_trigger3,PRICE_CLOSE,shift)-50;
         SetLevelValue(1,20);
         SetLevelValue(2,-20);
         IndicatorShortName("Bollinger Squeeze with RSI ("+rsiPeriod_trigger3+",CLOSE)");
         break;
         case 4:
         d=iMACD(NULL,0,5,13,1,PRICE_CLOSE,MODE_MAIN,shift);
         IndicatorShortName("Bollinger Squeeze with MACD (5,13,1,CLOSE)");
         mm[shift]=iMACD(NULL,0,macd_fastEMA_trigger4,macd_slowEMA_trigger4,macd_macdEMA_trigger4,PRICE_CLOSE,MODE_SIGNAL,shift);
         break;
         case 5:
         d=iMomentum(NULL,0,momentumPeriod_trigger5,PRICE_CLOSE,shift)-100;
         SetLevelValue(1,1);
         SetLevelValue(2,-1);
         IndicatorShortName("Bollinger Squeeze with Momentum ("+momentumPeriod_trigger5+",CLOSE)");
         break;
      }
      
      histoLine[shift]=d;
      
      if(d>0) {
         
         upB[shift]=d;
         
      } else if (d<0){
      
         loB[shift]=d;
         
      }
      
      diff = iATR(NULL,0,keltPrd,shift)*keltFactor;
      std = iStdDev(NULL,0,bolPrd,MODE_SMA,0,PRICE_CLOSE,shift);
      bbs = bolDev * std / diff;
      
      if(bbs<1) {
         
         arrowBuffer[shift] = High[shift]+15*Point;

         if (d > 0) {
            upB2[shift]=d;
            upB[shift]=0;
            loB[shift]=0;
            loB2[shift]=0;
         } else {
            loB2[shift]=d;
            loB[shift]=0;
            upB[shift]=0;
            upB2[shift]=0;
         }
      } else {

         if (d > 0) {
            upB[shift]=d;
            upB2[shift]=0;
            loB[shift]=0;
            loB2[shift]=0;
         } else {
            loB[shift]=d;
            loB2[shift]=0;
            upB[shift]=0;
            upB2[shift]=0;
         }
      }
   }
   
   return(0);

}





Sample





Analysis



Market Information Used:

Series array that contains the highest prices of each bar


Indicator Curves created:

Implements a curve of type DRAW_HISTOGRAM

Implements a curve of type DRAW_LINE
Implements a curve of type DRAW_ARROW

Indicators Used:

Stochastic oscillator
Commodity channel index
Relative strength index
MACD Histogram
Momentum indicator
Indicator of the average true range
Standard Deviation indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: