//+------------------------------------------------------------------+
//| The 20's v0.20 |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, TraderSeven"
#property link "TraderSeven@gmx.net"
// \\|// +-+-+-+-+-+-+-+-+-+-+-+ \\|//
// ( o o ) |T|r|a|d|e|r|S|e|v|e|n| ( o o )
// ~~~~oOOo~(_)~oOOo~~~~ +-+-+-+-+-+-+-+-+-+-+-+ ~~~~oOOo~(_)~oOOo~~~~
// This EA has 2 main parts.
// Variation=0
// If previous bar opens in the lower 20% of its range and closes in the upper 20% of its range then sell on previous high+10pips.
// If previous bar opens in the upper 20% of its range and closes in the lower 20% of its range then buy on previous low-10pips.
//
// Variation=1
// The previous bar is an inside bar that has a smaller range than the 3 bars before it.
// If todays bar opens in the lower 20% of yesterdays range then buy.
// If todays bar opens in the upper 20% of yesterdays range then sell.
//
//01010100 01110010 01100001 01100100 01100101 01110010 01010011 01100101 01110110 01100101 01101110
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
extern int Variation=0;
double The20sBufferBuy[];
double The20sBufferSell[];
int init()
{
IndicatorBuffers(2);
SetIndexStyle(0,DRAW_ARROW);
SetIndexStyle(1,DRAW_ARROW);
SetIndexBuffer(0,The20sBufferBuy);
SetIndexBuffer(1,The20sBufferSell);
SetIndexArrow(0,181);
SetIndexArrow(1,181);
SetIndexEmptyValue(0,0.0);
SetIndexEmptyValue(1,0.0);
ArraySetAsSeries(The20sBufferBuy,true);
ArraySetAsSeries(The20sBufferSell,true);
IndicatorShortName("The20s("+Variation+")");
return(0);
}
int deinit()
{
return(0);
}
int start()
{
int i,TotalBars, CountedBars;
double LastBarsRange,Top20,Bottom20;
CountedBars=IndicatorCounted(); // Find the number of bars on the screen since
// this indicator/expert was first executed
// on the current chart
if(CountedBars < 0) // If there are less than 0 bars of data, we
return (-1); // have a problem
if(CountedBars > 0)
CountedBars--;
TotalBars=Bars-CountedBars;
for(i=TotalBars-1;i>=0;i--)
{
LastBarsRange=(High[i+1]-Low[i+1]);
Top20=High[i+1]-(LastBarsRange*0.20);
Bottom20=Low[i+1]+(LastBarsRange*0.20);
if(Variation==0)
{
if(Open[i+1]>=Top20 && Close[i+1]<=Bottom20 && Low[i]<=Low[i+1]+10*Point)
The20sBufferBuy[i]=Low[i];
else if(Open[i+1]<=Bottom20 && Close[i+1]>=Top20 && High[i]>=High[i+1]+10*Point)
The20sBufferSell[i]=High[i];
}
else if(Variation==1)
{
if((High[i+4]-Low[i+4])>LastBarsRange && (High[i+3]-Low[i+3])>LastBarsRange && (High[i+2]-Low[i+2])>LastBarsRange && High[i+2]>High[i+1] && Low[i+2]<Low[i+1])
{
if(Open[i]<=Bottom20)
The20sBufferBuy[i]=Low[i];
if(Open[i]>=Top20)
The20sBufferSell[i]=High[i];
}
}
}
}
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
Series array that contains close prices for each bar
Series array that contains open prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_ARROW
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: