Williams_Percent_Range





//+------------------------------------------------------------------+
//|                                      Williams’ Percent Range.mq4 |
//|                      Copyright © 2005, MetaQuotes Software Corp. |
//|                                       http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, MetaQuotes Software Corp."
#property link      "http://www.metaquotes.net/"
//----
#property indicator_separate_window
#property indicator_minimum -100
#property indicator_maximum 0
#property indicator_buffers 1
#property indicator_color1 DodgerBlue
#property indicator_level1 -20
#property indicator_level2 -80
//---- input parameters
extern int ExtWPRPeriod = 14;
//---- buffers
double ExtWPRBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
   string sShortName;
//---- indicator buffer mapping
   SetIndexBuffer(0, ExtWPRBuffer);
//---- indicator line
   SetIndexStyle(0, DRAW_LINE);
//---- name for DataWindow and indicator subwindow label
   sShortName="%R(" + ExtWPRPeriod + ")";
   IndicatorShortName(sShortName);
   SetIndexLabel(0, sShortName);
//---- first values aren't drawn
   SetIndexDrawBegin(0, ExtWPRPeriod);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Williams’ Percent Range                                          |
//+------------------------------------------------------------------+
int start()
  {
   int i, nLimit, nCountedBars;  
//---- insufficient data
   if(Bars <= ExtWPRPeriod) 
       return(0);
//---- bars count that does not changed after last indicator launch.
   nCountedBars = IndicatorCounted();
//----Williams’ Percent Range calculation
   i = Bars - ExtWPRPeriod - 1;
   if(nCountedBars > ExtWPRPeriod) 
       i = Bars - nCountedBars - 1;  
   while(i >= 0)
     {
       double dMaxHigh = High[Highest(NULL, 0, MODE_HIGH, ExtWPRPeriod, i)];
       double dMinLow = Low[Lowest(NULL, 0, MODE_LOW, ExtWPRPeriod, i)];      
       if(!CompareDouble((dMaxHigh - dMinLow), 0.0))
           ExtWPRBuffer[i] = -100*(dMaxHigh - Close[i]) / (dMaxHigh - dMinLow);
       i--;
     }
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Ôóíêöèÿ ñðàíåíèÿ äâóõ âåùåñòâåííûõ ÷èñåë.                        |
//+------------------------------------------------------------------+
bool CompareDouble(double Number1, double Number2)
  {
    bool Compare = NormalizeDouble(Number1 - Number2, 8) == 0;
    return(Compare);
  } 
//+------------------------------------------------------------------+ 



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


Indicator Curves created:


Implements a curve of type DRAW_LINE

Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: