Wick-O-Gram





//+------------------------------------------------------------------+

//| Wick.mq4 |

//| Seavo |

//| http://www.forexfactory.com/member.php?u=17692 |

//+------------------------------------------------------------------+

#property copyright "Seavo"

#property link "http://www.forexfactory.com/member.php?u=17692"

#property indicator_separate_window

#property indicator_buffers 2

#property indicator_color1 Green
#property indicator_color2 Red
#property indicator_width1 8
#property indicator_width2 8
//---- buffers

double ExtMapBuffer1[];
double ExtMapBuffer2[];

int PipFactor = 1;
//+------------------------------------------------------------------+

//| Custom indicator initialization function |

//+------------------------------------------------------------------+

int init()

{

//---- indicators

SetIndexStyle(0,DRAW_HISTOGRAM);

SetIndexBuffer(0,ExtMapBuffer1);

SetIndexStyle(1,DRAW_HISTOGRAM);

SetIndexBuffer(1,ExtMapBuffer2);

string short_name = "Wick";

IndicatorShortName(short_name);
   IndicatorDigits(1);
   // Cater for fractional pips
   if (Digits == 3 || Digits == 5)
   {
      PipFactor = 10;
   }

//----

return(1);

}

//+------------------------------------------------------------------+

//| Custor indicator deinitialization function |

//+------------------------------------------------------------------+

int deinit()

{

//----

//----

return(0);

}

//+------------------------------------------------------------------+

//| Custom indicator iteration function |

//+------------------------------------------------------------------+

int start()

{

int counted_bars=IndicatorCounted();

//---- check for possible errors

if (counted_bars<0) return(-1);

//---- last counted bar will be recounted

if (counted_bars>0) counted_bars--;

int pos=Bars-counted_bars;



//---- main calculation loop
double dResult1;
double dResult2;
while(pos>=0)

{
if (iOpen(NULL, 0, pos) > iClose(NULL, 0, pos)){
   dResult1 = iHigh(NULL, 0, pos) - iOpen(NULL, 0, pos);
   }
if (iOpen(NULL, 0, pos) <= iClose(NULL, 0, pos)){
   dResult1 = iHigh(NULL, 0, pos) - iClose(NULL, 0, pos);
   }
if (iOpen(NULL, 0, pos) > iClose(NULL, 0, pos)){
   dResult2 = iLow(NULL, 0, pos) - iClose(NULL, 0, pos);
   }
if (iOpen(NULL, 0, pos) <= iClose(NULL, 0, pos)){
   dResult2 = iLow(NULL, 0, pos) - iOpen(NULL, 0, pos);
   }

ExtMapBuffer1[pos]= (dResult1/Point)/PipFactor ;
ExtMapBuffer2[pos]= (dResult2/Point)/PipFactor ;

pos--;

}

//----

return(0);

}

//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:

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


Indicator Curves created:

Implements a curve of type DRAW_HISTOGRAM


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: