//+------------------------------------------------------------------+ //| Envelopes.mq4 | //| Copyright © 2005, MetaQuotes Software Corp. | //| www.forex-tsd.com http://www.metaquotes.net | //+------------------------------------------------------------------+ #property copyright "Copyright © 2005, MetaQuotes Software Corp." #property link "http://www.metaquotes.net www.forex-tsd.com" //---- indicator settings #property indicator_chart_window #property indicator_buffers 2 #property indicator_color1 Yellow #property indicator_color2 Goldenrod //---- indicator parameters extern int MA_Period=5; extern int MA_Shift=0; extern int MA_Method=2; extern int Applied_Price=0; extern double Deviation=0.0; /************************************************************************* --------------------------------------- PRICE_CLOSE 0 Close price. PRICE_OPEN 1 Open price. PRICE_HIGH 2 High price. PRICE_LOW 3 Low price. PRICE_MEDIAN 4 Median price, (high+low)/2. PRICE_TYPICAL 5 Typical price, (high+low+close)/3. PRICE_WEIGHTED 6 Weighted close price, (high+low+close+close)/4. You must use the numeric value of the Applied Price that you want to use when you set the 'applied_price' value with the indicator inputs. --------------------------------------- MODE_SMA 0 Simple moving average, MODE_EMA 1 Exponential moving average, MODE_SMMA 2 Smoothed moving average, MODE_LWMA 3 Linear weighted moving average. You must use the numeric value of the MA Method that you want to use when you set the 'ma_method' value with the indicator inputs. **************************************************************************/ //---- indicator buffers double ExtMapBuffer1[]; double ExtMapBuffer2[]; //---- int ExtCountedBars=0; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { int draw_begin; string short_name; //---- drawing settings SetIndexStyle(0,DRAW_LINE); SetIndexStyle(1,DRAW_LINE); SetIndexShift(0,MA_Shift); SetIndexShift(1,MA_Shift); IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)); if(MA_Period<2) MA_Period=14; draw_begin=MA_Period-1; //---- indicator short name IndicatorShortName("PAC("+MA_Period+")"); SetIndexLabel(0,"Env("+MA_Period+")Upper"); SetIndexLabel(1,"Env("+MA_Period+")Lower"); SetIndexDrawBegin(0,draw_begin); SetIndexDrawBegin(1,draw_begin); //---- indicator buffers mapping SetIndexBuffer(0,ExtMapBuffer1); SetIndexBuffer(1,ExtMapBuffer2); if(Deviation<0) Deviation=0; if(Deviation>100.0) Deviation=100.0; //---- initialization done return(0); } //+------------------------------------------------------------------+ //| Custom indicator iteration function | //+------------------------------------------------------------------+ int start() { int limit; if(Bars<=MA_Period) return(0); ExtCountedBars=IndicatorCounted(); //---- check for possible errors if (ExtCountedBars<0) return(-1); //---- last counted bar will be recounted if (ExtCountedBars>0) ExtCountedBars--; limit=Bars-ExtCountedBars; //---- EnvelopesM counted in the buffers for(int i=0; i<limit; i++) { ExtMapBuffer1[i] = (1+Deviation/100)*iMA(NULL,0,MA_Period,0,MODE_SMMA,PRICE_HIGH,i); ExtMapBuffer2[i] = (1-Deviation/100)*iMA(NULL,0,MA_Period,0,MODE_SMMA,PRICE_LOW,i); } //---- done return(0); } //+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: