//+------------------------------------------------------------------+ //| SAR_COLOR.mq4 | //| Kalenzo | //| http://www.foreksik.prv.pl | //+------------------------------------------------------------------+ #property copyright "Kalenzo" #property link "http://www.foreksik.prv.pl" #property indicator_color1 DarkGreen #property indicator_color2 Red #property indicator_chart_window #property indicator_buffers 2 #property indicator_width1 2 #property indicator_width2 2 double sarUp[],sarDn[];//buffers extern double Step = 0.04;//was .01 extern double Maximum = 0.5; extern int Precision = 7; extern bool AlertsEnabled=true; extern bool AlertBox= true; extern bool AlertEmail= false; double alertBar; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- indicators SetIndexStyle(0,DRAW_ARROW,STYLE_DOT); SetIndexStyle(1,DRAW_ARROW,STYLE_DOT); SetIndexBuffer(0,sarUp); SetIndexBuffer(1,sarDn); SetIndexArrow(0,115); SetIndexArrow(1,115); IndicatorShortName("SAR COLORED"); SetIndexLabel(0,"SAR Up Channel"); SetIndexLabel(1,"SAR Down Channel"); SetIndexDrawBegin(0,2); SetIndexDrawBegin(1,2); //---- return(0); } //+------------------------------------------------------------------+ //| Custor indicator deinitialization function | //+------------------------------------------------------------------+ int deinit() { //---- //---- return(0); } //+------------------------------------------------------------------+ //| Custom indicator iteration function | //+------------------------------------------------------------------+ int start() { int limit; int counted_bars=IndicatorCounted(); if(counted_bars<0) counted_bars=0; if(counted_bars>0) counted_bars--; limit=Bars-counted_bars; //---- for(int i = 0; i<limit ;i++) { double sar = NormalizeDouble(iSAR(Symbol(),0,Step,Maximum,i),Precision); if(sar >= iHigh(Symbol(),0,i)) { if(AlertsEnabled==true && sarUp[i] == 0 && Bars>alertBar) { if (AlertBox) Alert("Parabolic SAR Going Down on ",Symbol()," M",Period()); if (AlertEmail) SendMail("Parabolic SAR Going Down on ",Symbol()+" M"+Period()+" at"+Bid ); alertBar = Bars; } sarUp[i] = sar; sarDn[i] = 0; } else { if(AlertsEnabled==true && sarDn[i] == 0 && Bars>alertBar) { Alert("Parabolic SAR Channel Going Up on ",Symbol()," M",Period()); SendMail("Parabolic SAR Going Up on ",Symbol()+" M"+Period()+" at"+Bid); alertBar = Bars; } sarUp[i] = 0; sarDn[i] = sar; } } //---- 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_ARROW
Indicators Used:
Parabolic Stop and Reverse system
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen
It sends emails