//+------------------------------------------------------------------+ //| VoltyChannel_Stop_v2.1.mq4 | //| Copyright © 2007, TrendLaboratory | //| http://finance.groups.yahoo.com/group/TrendLaboratory | //| E-mail: igorad2003@yahoo.co.uk | //+------------------------------------------------------------------+ //2008fxtsd mod #property copyright "Copyright © 2007, TrendLaboratory" #property link "http://finance.groups.yahoo.com/group/TrendLaboratory" //---- #property indicator_chart_window #property indicator_buffers 4 #property indicator_color1 Green #property indicator_color2 Red #property indicator_color3 Green #property indicator_color4 Red #property indicator_width1 2 #property indicator_width2 2 #property indicator_width3 1 #property indicator_width4 1 //---- input parameters extern int MA_Price =6; //Applied Price: 0-C,1-O,2-H,3-L,4-Median,5-Typical,6-Weighted extern int MA_Length =1; //MA's Period extern int MA_Mode =0; //MA's Method:0-SMA,1-EMA,2-SMMA,3-LWMA extern int ATR_Length =10;//ATR's Period extern double Kv =1; //Volatility's Factor or Multiplier extern double MoneyRisk =1; //Offset Factor extern bool usePrice_HiLoBreak =false; extern bool useMA_HiLoEnvelope =false; extern int AlertMode =0; //0-alert off,1-on extern int VisualMode =0; //0-lines,1-dots extern string Applied_Price_ ="0-C,1-O,2-H,3-L,4-Median(H+L)/2,5-Typical(H+L+C)/3,6-Weighted(H+L+C+C)/4"; extern string MAmethod_mode_ ="0-SMA,1-EMA,2-SMMA,3-LWMA"; extern string Visual_Mode___ ="0-lines,1-dots "; //---- indicator buffers double UpBuffer[]; double DnBuffer[]; double UpSignal[]; double DnSignal[]; double smin[]; double smax[]; double trend[]; bool UpTrendAlert=false, DownTrendAlert=false; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { string short_name; //---- indicator line IndicatorBuffers(7); SetIndexBuffer(0,UpBuffer); SetIndexBuffer(1,DnBuffer); SetIndexBuffer(2,UpSignal); SetIndexBuffer(3,DnSignal); SetIndexBuffer(4,smin); SetIndexBuffer(5,smax); SetIndexBuffer(6,trend); //---- if(VisualMode==0) { SetIndexStyle(0,DRAW_LINE); SetIndexStyle(1,DRAW_LINE); } else { SetIndexStyle(0,DRAW_ARROW); SetIndexStyle(1,DRAW_ARROW); SetIndexArrow(0,159); SetIndexArrow(1,159); } //---- SetIndexStyle(2,DRAW_ARROW); SetIndexStyle(3,DRAW_ARROW); SetIndexArrow(2,108); SetIndexArrow(3,108); //---- name for DataWindow and indicator subwindow label short_name="VoltyChannel_Stop("+MA_Length+","+ATR_Length+","+DoubleToStr(Kv,3)+")"; IndicatorShortName(short_name); SetIndexLabel(0,"UpTrend"); SetIndexLabel(1,"DnTrend"); SetIndexLabel(2,"UpSignal"); SetIndexLabel(3,"DnSignal"); //---- SetIndexDrawBegin(0,MA_Length+ATR_Length); SetIndexDrawBegin(1,MA_Length+ATR_Length); SetIndexDrawBegin(2,MA_Length+ATR_Length); SetIndexDrawBegin(3,MA_Length+ATR_Length); //---- return(0); } //+------------------------------------------------------------------+ //| VoltyChannel_Stop_2 | //+------------------------------------------------------------------+ int start() { int shift,limit, counted_bars=IndicatorCounted(); //---- if(counted_bars > 0) limit=Bars-counted_bars; if(counted_bars < 0) return(0); if(counted_bars ==0) limit=Bars-MA_Length-1; for(shift=limit;shift>=0;shift--) { if(useMA_HiLoEnvelope) { double bprice=iMA(NULL,0,MA_Length,0,MA_Mode,2,shift); double sprice=iMA(NULL,0,MA_Length,0,MA_Mode,3,shift); } else { bprice=iMA(NULL,0,MA_Length,0,MA_Mode,MA_Price,shift); sprice=iMA(NULL,0,MA_Length,0,MA_Mode,MA_Price,shift); } smax[shift]=bprice + Kv*iATR(NULL,0,ATR_Length,shift); smin[shift]=sprice - Kv*iATR(NULL,0,ATR_Length,shift); trend[shift]=trend[shift+1]; if(usePrice_HiLoBreak) { if(High[shift] > smax[shift+1])trend[shift]= 1; if(Low[shift] < smin[shift+1])trend[shift]=-1; } else { if(bprice > smax[shift+1])trend[shift]= 1; if(sprice < smin[shift+1])trend[shift]=-1; } if(trend[shift] >0) { if(smin[shift] < smin[shift+1]) smin[shift]=smin[shift+1]; UpBuffer[shift]=smin[shift] - (MoneyRisk - 1)*iATR(NULL,0,ATR_Length,shift); if(UpBuffer[shift] < UpBuffer[shift+1] && UpBuffer[shift+1]!=EMPTY_VALUE) UpBuffer[shift]=UpBuffer[shift+1]; if(trend[shift+1]!=trend[shift]) UpSignal[shift]=UpBuffer[shift]; else UpSignal[shift]=EMPTY_VALUE; DnBuffer[shift]=EMPTY_VALUE; DnSignal[shift]=EMPTY_VALUE; } else if(trend[shift] <0) { if(smax[shift]>smax[shift+1]) smax[shift]=smax[shift+1]; DnBuffer[shift]=smax[shift] + (MoneyRisk - 1)*iATR(NULL,0,ATR_Length,shift); if(DnBuffer[shift] > DnBuffer[shift+1]) DnBuffer[shift]=DnBuffer[shift+1]; if(trend[shift+1]!=trend[shift]) DnSignal[shift]=DnBuffer[shift]; else DnSignal[shift]=EMPTY_VALUE; UpBuffer[shift]=EMPTY_VALUE; UpSignal[shift]=EMPTY_VALUE; } } //---- string Message; if(trend[2]<0 && trend[1]>0 && Volume[0]>1 && !UpTrendAlert) { Message=" "+Symbol()+" M"+Period()+": VCS Signal for BUY"; if(AlertMode>0)Alert (Message); UpTrendAlert=true; DownTrendAlert=false; } if(trend[2]>0 && trend[1]<0 && Volume[0]>1 && !DownTrendAlert) { Message=" "+Symbol()+" M"+Period()+": VCS Signal for SELL"; if(AlertMode>0)Alert (Message); DownTrendAlert=true; UpTrendAlert=false; } //---- return(0); } //+------------------------------------------------------------------+
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 tick volumes of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Implements a curve of type DRAW_ARROW
Indicators Used:
Moving average indicator
Indicator of the average true range
Custom Indicators Used:
Order Management characteristics:
Other Features: