WPR_Filter_mtf





//+------------------------------------------------------------------+
//| WPR_Filter_mtf                                Filter overWPR.mq4 |
//|                   Copyright © 2006, Indoforex Groups - Primajaya |
//| MTF:ForexTSD.com           ki     http://primaforex.blogspot.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Indoforex Groups"
#property link      "http://primaforex.blogspot.com"

#property indicator_separate_window
#property indicator_minimum 0
#property indicator_maximum 1.00
#property indicator_buffers 4
#property indicator_color1 Blue
#property indicator_color2 Red
#property indicator_color3 SteelBlue
#property indicator_color4 Orange

#property indicator_width1  2   
#property indicator_width2  2
#property indicator_width3  2
#property indicator_width4  2

//---- input parameters
extern int TimeFrame  = 0;
extern int PeriodeWPR = 14;

extern double OverBoughtLevel     =  -20 ;//76.4;// 61.80;
extern double OverSoldLevel       =  -80 ; //23.6;// 38.20;
extern string _MainTrend          = "-50";

extern int MaxBarsToCount      = 1500;

extern string _TimeFrames = "M1;5,15,30,60H1;240H4;1440D1;10080W1;43200MN|0-CurrentTF";

//---- indicator buffers
double UpBuffer1[];
double DnBuffer1[];
double UpBuffer2[];
double DnBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
  int init()
  {
   string short_name;
//---- indicator line
   SetIndexStyle(0,DRAW_HISTOGRAM);
   SetIndexStyle(1,DRAW_HISTOGRAM);
   SetIndexStyle(2,DRAW_HISTOGRAM);
   SetIndexStyle(3,DRAW_HISTOGRAM);
   
   SetIndexBuffer(0,UpBuffer1);
   SetIndexBuffer(1,DnBuffer1);
   SetIndexBuffer(2,UpBuffer2);
   SetIndexBuffer(3,DnBuffer2);
   
  
   SetIndexLabel(0,"Overbought or Strong Bulls");
   SetIndexLabel(1,"Oversold or Strong Bears");
   SetIndexLabel(2,"Trend Bulls");
   SetIndexLabel(3,"Trend Bears");
   
//----
   SetIndexDrawBegin(0,PeriodeWPR);
   SetIndexDrawBegin(1,PeriodeWPR);
   SetIndexDrawBegin(2,PeriodeWPR);
   SetIndexDrawBegin(3,PeriodeWPR);  
//----

  //---- name for DataWindow and indicator subwindow label   
   switch(TimeFrame)
   {
      case 1       : string TimeFrameStr="Period_M1";  break;
      case 5       : TimeFrameStr="Period_M5";         break;
      case 15      : TimeFrameStr="Period_M15";        break;
      case 30      : TimeFrameStr="Period_M30";        break;
      case 60      : TimeFrameStr="Period_H1";         break;
      case 240     : TimeFrameStr="Period_H4";         break;
      case 1440    : TimeFrameStr="Period_D1";         break;
      case 10080   : TimeFrameStr="Period_W1";         break;
      case 43200   : TimeFrameStr="Period_MN1";        break;
      default      : TimeFrameStr="Current Timeframe";
  }
//---- name for DataWindow and indicator subwindow label
   IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS));
//---- name for DataWindow and indicator subwindow label
   short_name="WPR_Filter ("+PeriodeWPR+") "+TimeFrameStr;
   IndicatorShortName(short_name);
   if (TimeFrame < Period()) TimeFrame = Period();

   return(0);
  }

//+------------------------------------------------------------------+
//| ProSol Confirmation                                              |
//+------------------------------------------------------------------+
int start()
  {
   int trend;
   double PSC0;

   
   datetime TimeArray[];
   int    shift,limit,y=0,counted_bars=IndicatorCounted();
 
// Plot defined time frame on to current time frame
   ArrayCopySeries(TimeArray,MODE_TIME,Symbol(),TimeFrame); 
   
limit=Bars-counted_bars;
limit=MathMax(limit,TimeFrame/Period());
limit=MathMin(limit,MaxBarsToCount);
   
   for(shift=0,y=0;shift<limit;shift++)
   {
   if (Time[shift]<TimeArray[y]) y++;
  
   PSC0=iWPR(NULL, TimeFrame, PeriodeWPR, y);

   	
	  if (PSC0>-50 && PSC0<OverBoughtLevel)  trend=1;
	  if (PSC0>OverBoughtLevel)  trend=2;  
	  if (PSC0<-50 && PSC0>OverSoldLevel) trend=-1;
	  if (PSC0<=OverSoldLevel)  trend=-2;
	  
	  if (trend==1) 
	  {
	  
	  UpBuffer1[shift]=0;
	  UpBuffer2[shift]=1;
	  DnBuffer1[shift]=0;
	  DnBuffer2[shift]=0;
	  
	  }
	  if (trend==2) 
	  {
	  
	  UpBuffer1[shift]=1;
	  UpBuffer2[shift]=0;
	  DnBuffer1[shift]=0;
	  DnBuffer2[shift]=0;
	  
	  }
	  if (trend==-1) 
	  {
	   
	  UpBuffer1[shift]=0;
	  UpBuffer2[shift]=0;
	  DnBuffer1[shift]=0;
	  DnBuffer2[shift]=1;
	  }
	  
	  if (trend==-2) 
	  {
	  
	  UpBuffer1[shift]=0;
	  UpBuffer2[shift]=0;
	  DnBuffer1[shift]=1;
	  DnBuffer2[shift]=0; 
	  
	  }
	}
	return(0);	
 }





Sample





Analysis



Market Information Used:

Series array that contains open time of each bar


Indicator Curves created:

Implements a curve of type DRAW_HISTOGRAM


Indicators Used:

Larry William percent range indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: