SSL





//+------------------------------------------------------------------+
//|                                                          SSL.mq4 |
//|                                                          Kalenzo |
//|                                      bartlomiej.gorski@gmail.com |
//+------------------------------------------------------------------+
#property copyright "Kalenzo"
#property link      "bartlomiej.gorski@gmail.com"
#property indicator_buffers 1
#property indicator_color1 CornflowerBlue
extern int Lb = 10;
double ssl[],Hld,Hlv;
#property indicator_chart_window
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   SetIndexBuffer(0,ssl);
   SetIndexStyle(0,DRAW_LINE,STYLE_DOT,1);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//----
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
 
//----
   for(int i=Bars-Lb;i>=0;i--)
   {
      if(Close[i]>iMA(Symbol(),0,Lb,0,MODE_SMA,PRICE_HIGH,i+1))
      Hld = 1;
      else 
      {
       if(Close[i]<iMA(Symbol(),0,Lb,0,MODE_SMA,PRICE_LOW,i+1))  
       Hld = -1;
       else
       Hld = 0;
      }
      
      if(Hld!=0)
      Hlv = Hld;
            
      if(Hlv == -1)
      ssl[i] = iMA(Symbol(),0,Lb,0,MODE_SMA,PRICE_HIGH,i+1);
      else
      ssl[i] = iMA(Symbol(),0,Lb,0,MODE_SMA,PRICE_LOW,i+1);
   }
  

//----
   return(0);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:

Series array that contains close prices for each bar


Indicator Curves created:


Implements a curve of type DRAW_LINE

Indicators Used:

Moving average indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: