StochTxt(komposter)





//+------------------------------------------------------------------+
//|                                         iStochTxt(komposter).mq4 |
//|                                      Copyright © 2006, komposter |
//|                                      mailto:komposterius@mail.ru |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, komposter"
#property link      "mailto:komposterius@mail.ru"
//----
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Lime
#property indicator_color2 Red
#property indicator_width1 1
#property indicator_width2 1
//----
extern int		k				= 5;
extern int		s				= 1;
extern int		l				= 50;
extern bool		text			= false;
extern color	text_color	= Yellow;
extern bool		alert			= false;
//----
double BuyBuffer[], SellBuffer[];
int pre_signal = 0;
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
int init()
  {
	  IndicatorShortName("iStochTxt");
//----
	  SetIndexBuffer(0, BuyBuffer);
	  SetIndexLabel(0, "Buy");
	  SetIndexStyle(0, DRAW_ARROW, STYLE_SOLID, 1);
	  SetIndexArrow(0, 241);
//----
	  SetIndexBuffer(1, SellBuffer);
	  SetIndexLabel(1, "Sell");
	  SetIndexStyle(1, DRAW_ARROW, STYLE_SOLID, 1);
	  SetIndexArrow(1, 242);
//----
	  return(0);
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
int deinit()
  {
	  if(text)
	    {
		     for(int i = 0; i < ObjectsTotal(); i++)
		       {
			        if(StringFind( ObjectName(i), "txt_", 0 ) == 0)
			          {
				           ObjectDelete(ObjectName(i));
				           i--;
			          }
		       }
	    }
	  return(0);
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
int start()
  {
	  int counted_bars = IndicatorCounted();
//----
	  if(counted_bars < 0) 
	    { 
	      Print("Indicator Error (Counted bars < 0)!"); 
	      return(-1); 
	    }
//----
	  if(Bars < 17) 
	    { 
	      Print("Indicator Error (Bars < 12)!" ); 
	      return(-1); 
	    }
   int limit = Bars - 17;
//----
   if(counted_bars > 17) 
     { 
       limit = Bars - counted_bars; 
     }
//----
	  for(int i = limit; i >= 0; i --)
	    {
		     BuyBuffer[i] = EMPTY_VALUE;
		     SellBuffer[i] = EMPTY_VALUE;      
		     //----
       double mc = iStochastic(NULL, 0, k, 3, s, 0, 0, MODE_MAIN, i);
		     double mp = iStochastic(NULL, 0, k, 3, s, 0, 0, MODE_MAIN, i+1);
		     //----
       if(mc > l && mp <= l)
		       {
			        BuyBuffer[i] = Low[i] - iATR(NULL, 0, 14, i);
			        if(text) 
			          { 
			            create_text(i, Low[i] - 1.5*iATR(NULL, 0, 14, i )); 
			          }
		       }
		     if(mc < 100-l && mp >= 100-l)
		       {
			        SellBuffer[i] = High[i] + iATR(NULL, 0, 14, i);         
			        if(text) 
			          { 
			            create_text(i, High[i] + 1.5*iATR( NULL, 0, 14, i)); 
			          }
		       }
	    }
	  if(alert)
	    {
		     if(pre_signal <= 0 && BuyBuffer [1] != EMPTY_VALUE) 
		       { 
		         Alert("iStochTxt( ", Symbol(), ", ", Period(), " ) - BUY!"); 
		         pre_signal =  1; 
		       }
		     if(pre_signal >= 0 && SellBuffer[1] != EMPTY_VALUE) 
		       { 
		         Alert("iStochTxt( ", Symbol(), ", ", Period(), " ) - SELL!"); 
		         pre_signal = -1; 
		       }
	    }
	  return(0);
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void create_text(int u, double p)
  {
	  string name = "txt_" + Time[u];
	  ObjectDelete(name);
	  ObjectCreate(name, OBJ_TEXT, 0, Time[u], p);
	  ObjectSetText(name, DoubleToStr( Close[u], Digits ) + " " + TimeToStr( Time[u], 
	                TIME_MINUTES), 8, "Arial", text_color);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:

Series array that contains the lowest prices of each bar
Series array that contains the highest prices of each bar
Series array that contains open time of each bar
Series array that contains close prices for each bar


Indicator Curves created:


Implements a curve of type DRAW_ARROW

Indicators Used:

Stochastic oscillator
Indicator of the average true range


Custom Indicators Used:

Order Management characteristics:

Other Features:

It issuies visual alerts to the screen