//+--------------------------------------------------------------------------------------------+
//| P&F_v2.mq4
//+--------------------------------------------------------------------------------------------+
#property indicator_chart_window
#property indicator_buffers 5
#property indicator_color1 Blue
#property indicator_color2 Blue
#property indicator_color3 Green
#property indicator_color4 Crimson
#property indicator_color5 EMPTY
extern int BoxSize = 20;
extern int Reversal = 3;
extern int ShowBars = 500;
double UpTrend[];
double DownTrend[];
double UpSignal[];
double DownSignal[];
double Trend[];
int init()
{
IndicatorBuffers(5);
SetIndexStyle(0,DRAW_LINE,STYLE_SOLID,1);
SetIndexEmptyValue(0,0.0);
SetIndexBuffer(0,UpTrend);
SetIndexStyle(1,DRAW_LINE,STYLE_SOLID,1);
SetIndexEmptyValue(1,0.0);
SetIndexBuffer(1,DownTrend);
SetIndexStyle(2,DRAW_ARROW,STYLE_SOLID,1);
SetIndexArrow(2,233);
SetIndexEmptyValue(2,0.0);
SetIndexBuffer(2,UpSignal);
SetIndexStyle(3,DRAW_ARROW,STYLE_SOLID,1);
SetIndexArrow(3,234);
SetIndexEmptyValue(3,0.0);
SetIndexBuffer(3,DownSignal);
SetIndexStyle(4,DRAW_NONE);
SetIndexEmptyValue(4,0.0);
SetIndexBuffer(4,Trend);
return(0);
}
int deinit()
{
return(0);
}
int start()
{
int counted_bars=IndicatorCounted();
if(counted_bars<0) return(-1); //---- check for possible errors
if(counted_bars>0) counted_bars--; //---- last counted bar will be recounted
for (int i=Bars-counted_bars;i>=0;i--)
{
if (ShowBars == 0 || (ShowBars > 0 && i <= ShowBars))
{
if (Trend[i+1] == 0)
{
if (Low[i]+(BoxSize*Point) < High[i])
{
DownTrend[i] = Low[i];
UpTrend[i] = High[i];
Trend[i] = -1;
DownSignal[i] = High[i]+(5*Point);
}
else
if (High[i]-(BoxSize*Point) > Low[i])
{
DownTrend[i] = Low[i];
UpTrend[i] = High[i];
Trend[i] = 1;
UpSignal[i] = Low[i]-(5*Point);
}
else
{
DownTrend[i] = DownTrend[i+1];
UpTrend[i] = UpTrend[i+1];
Trend[i] = Trend[i+1];
}
}
else
if (Trend[i+1] == -1)
{
if (Low[i]+(BoxSize*Point) < DownTrend[i+1])
{
DownTrend[i] = Low[i];
UpTrend[i] = UpTrend[i+1];
Trend[i] = Trend[i+1];
}
else
if (High[i] > DownTrend[i+1]+((BoxSize*Point)*Reversal))
{
UpTrend[i] = High[i];
DownTrend[i] = Low[i];
Trend[i] = 1;
UpSignal[i] = Low[i]-(5*Point);
}
else
{
DownTrend[i] = DownTrend[i+1];
UpTrend[i] = UpTrend[i+1];
Trend[i] = Trend[i+1];
}
}
else
if (Trend[i+1] == 1)
{
if (High[i]-(BoxSize*Point) > UpTrend[i+1])
{
DownTrend[i] = DownTrend[i+1];
UpTrend[i] = High[i];
Trend[i] = Trend[i+1];
}
else
if (Low[i] < UpTrend[i+1]-((BoxSize*Point)*Reversal))
{
UpTrend[i] = High[i];
DownTrend[i] = Low[i];
Trend[i] = -1;
DownSignal[i] = High[i]+(5*Point);
}
else
{
DownTrend[i] = DownTrend[i+1];
UpTrend[i] = UpTrend[i+1];
Trend[i] = Trend[i+1];
}
}
}
}
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
Indicator Curves created:
Implements a curve of type DRAW_LINE
Implements a curve of type DRAW_ARROW
Implements a curve of type DRAW_NONE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: