//+------------------------------------------------------------------+
//| Price Range.mq4 |
//| Grigori Minassian |
//+------------------------------------------------------------------+
#property copyright "Grigori Minassian"
#property indicator_separate_window
#property indicator_buffers 3
#property indicator_color1 Green
#property indicator_color2 Blue
#property indicator_color3 Red
#property indicator_width1 1
#property indicator_width3 1
double ChangeHigh[];
double ChangeClose[];
double ChangeLow[];
extern int PR_Period = 60;
int init()
{
SetIndexStyle(0, DRAW_LINE);
SetIndexStyle(1, DRAW_LINE);
SetIndexStyle(2, DRAW_LINE);
SetIndexBuffer(0, ChangeHigh);
SetIndexBuffer(1, ChangeClose);
SetIndexBuffer(2, ChangeLow);
IndicatorDigits(Digits + 1);
IndicatorShortName("Price Range(" + PR_Period + ")");
SetIndexLabel(0, "High");
SetIndexLabel(1, "Close");
SetIndexLabel(2, "Low");
return(0);
}
double price_change_high = 0;
double price_change_low = 0;
double price_change_close = 0;
void ComputePriceRange(int period, int shift)
{
int high_shift = iHighest(Symbol(), 0, MODE_CLOSE, period, shift);
int low_shift = iLowest(Symbol(), 0, MODE_CLOSE, period, shift);
double price_open = iClose(Symbol(), 0, period + shift);
double price_high = iClose(Symbol(), 0, high_shift);
double price_low = iClose(Symbol(), 0, low_shift);
double price_close = iClose(Symbol(), 0, shift);
price_change_high = (price_high - price_open) / Point;
price_change_low = (price_low - price_open) / Point;
price_change_close = (price_close - price_open) / Point;
}
int start()
{
int i, limit;
int counted_bars=IndicatorCounted();
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
for(i = 0; i < limit; i++)
{
ComputePriceRange(PR_Period, i);
ChangeHigh[i] = price_change_high;
ChangeClose[i] = price_change_close;
ChangeLow[i] = price_change_low;
}
return(0);
}
Sample
Analysis
Market Information Used:
Series array that contains the highest prices of each bar
Series array that contains close prices for each bar
Series array that contains the lowest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: