//+------------------------------------------------------------------+
//| Zigzag_ws_Chanel_R.mq4 |
//| Copyright © 2008, Dolsergon & MetaQuotes Software Corp. |
//| http://tradecoder.narod.ru/ |
//| http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
//mod2008fxtsd +onelegyellow
#property copyright "Copyright © 2008, Dolsergon & MetaQuotes Software Corp."
#property link "http://tradecoder.narod.ru/; http://www.metaquotes.net/"
#property indicator_chart_window
#property indicator_buffers 4
#property indicator_color1 Red
#property indicator_width1 2
#property indicator_color2 Pink
#property indicator_color3 Pink
#property indicator_color4 Gold
//---- indicator parameters
extern int ExtDepth=12;
extern int ExtDeviation=5;
extern int ExtBackstep=3;
//---- indicator buffers
double ZigzagBuffer[];
double HighMapBuffer[];
double LowMapBuffer[];
double BufChanelHigh[];
double BufChanelLow[];
double LastLegBuffer[];
int level=3; // recounting's depth
bool downloadhistory=false;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
IndicatorBuffers(6);
//---- drawing settings
SetIndexStyle(0,DRAW_SECTION);
SetIndexBuffer(0,ZigzagBuffer);
SetIndexEmptyValue(0,0.0);
SetIndexStyle(1, DRAW_SECTION);
SetIndexBuffer(1,BufChanelHigh);
SetIndexEmptyValue(1,0.0);
SetIndexStyle(2, DRAW_SECTION);
SetIndexBuffer(2,BufChanelLow);
SetIndexEmptyValue(2,0.0);
SetIndexStyle(3,DRAW_SECTION);
SetIndexBuffer(3,LastLegBuffer);
SetIndexEmptyValue(3,0.0);
SetIndexBuffer(4,HighMapBuffer);
SetIndexBuffer(5,LowMapBuffer);
IndicatorShortName("ZigZag_ws_Chanel_Rll("+ExtDepth+","+ExtDeviation+","+ExtBackstep+")");
ObjectCreate("ZZCR1", OBJ_TREND, 0, Time[0], Close[0], Time[10], Close[10]);
ObjectSet("ZZCR1", OBJPROP_COLOR, Aqua);
ObjectSet("ZZCR1", OBJPROP_WIDTH, 2);
ObjectSet("ZZCR1", OBJPROP_STYLE, STYLE_DOT);
ObjectSet("ZZCR1", OBJPROP_BACK, false);
ObjectSet("ZZCR1", OBJPROP_RAY, true);
ObjectCreate("ZZCR2", OBJ_TREND, 0, Time[0], Close[0], Time[10], Close[10]);
ObjectSet("ZZCR2", OBJPROP_COLOR, Khaki);
ObjectSet("ZZCR2", OBJPROP_WIDTH, 2);
ObjectSet("ZZCR2", OBJPROP_STYLE, STYLE_DOT);
ObjectSet("ZZCR2", OBJPROP_BACK, false);
ObjectSet("ZZCR2", OBJPROP_RAY, true);
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int start()
{
int i,p, counted_bars = IndicatorCounted();
int limit,counterZ,whatlookfor;
int shift,back,lasthighpos,lastlowpos;
double val,res;
double curlow,curhigh,lasthigh,lastlow;
if (counted_bars==0 && downloadhistory) // history was downloaded
{
ArrayInitialize(ZigzagBuffer,0.0);
ArrayInitialize(BufChanelHigh,0.0);
ArrayInitialize(BufChanelLow,0.0);
ArrayInitialize(LastLegBuffer,0.0);
ArrayInitialize(HighMapBuffer,0.0);
ArrayInitialize(LowMapBuffer,0.0);
}
if (counted_bars==0)
{
limit=Bars-ExtDepth;
downloadhistory=true;
}
if (counted_bars>0)
{
while (counterZ<level && i<100)
{
res=ZigzagBuffer[i];
if (res!=0) counterZ++;
i++;
}
i--;
limit=i;
if (LowMapBuffer[i]!=0)
{
curlow=LowMapBuffer[i];
whatlookfor=1;
}
else
{
curhigh=HighMapBuffer[i];
whatlookfor=-1;
}
for (i=limit-1;i>=0;i--)
{
ZigzagBuffer[i]=0.0;
LowMapBuffer[i]=0.0;
HighMapBuffer[i]=0.0;
LastLegBuffer[i]=0.0;
BufChanelHigh[i]=0.0;
BufChanelLow[i]=0.0;
}
}
for(shift=limit; shift>=0; shift--)
{
val=Low[iLowest(NULL,0,MODE_LOW,ExtDepth,shift)];
if(val==lastlow) val=0.0;
else
{
lastlow=val;
if((Low[shift]-val)>(ExtDeviation*Point)) val=0.0;
else
{
for(back=1; back<=ExtBackstep; back++)
{
res=LowMapBuffer[shift+back];
if((res!=0)&&(res>val)) LowMapBuffer[shift+back]=0.0;
}
}
}
if (Low[shift]==val) LowMapBuffer[shift]=val; else LowMapBuffer[shift]=0.0;
//--- high
val=High[iHighest(NULL,0,MODE_HIGH,ExtDepth,shift)];
if(val==lasthigh) val=0.0;
else
{
lasthigh=val;
if((val-High[shift])>(ExtDeviation*Point)) val=0.0;
else
{
for(back=1; back<=ExtBackstep; back++)
{
res=HighMapBuffer[shift+back];
if((res!=0)&&(res<val)) HighMapBuffer[shift+back]=0.0;
}
}
}
if (High[shift]==val) HighMapBuffer[shift]=val; else HighMapBuffer[shift]=0.0;
}
// final cutting
if (whatlookfor==0)
{
lastlow=0;
lasthigh=0;
}
else
{
lastlow=curlow;
lasthigh=curhigh;
}
for (shift=limit;shift>=0;shift--)
{
res=0.0;
switch(whatlookfor)
{
case 0: // look for peak or lawn
if (lastlow==0 && lasthigh==0)
{
if (HighMapBuffer[shift]!=0)
{
lasthigh=High[shift];
lasthighpos=shift;
whatlookfor=-1;
SetHighZZ(shift, lasthigh);
res=1;
}
if (LowMapBuffer[shift]!=0)
{
lastlow=Low[shift];
lastlowpos=shift;
whatlookfor=1;
SetLowZZ(shift, lastlow);
res=1;
}
}
break;
case 1: // look for peak
if (LowMapBuffer[shift]!=0.0 && LowMapBuffer[shift]<lastlow && HighMapBuffer[shift]==0.0)
{
SetLowZZ(lastlowpos, 0.0);
lastlowpos=shift;
lastlow=LowMapBuffer[shift];
SetLowZZ(shift, lastlow);
res=1;
}
if (HighMapBuffer[shift]!=0.0 && LowMapBuffer[shift]==0.0)
{
lasthigh=HighMapBuffer[shift];
lasthighpos=shift;
SetHighZZ(shift, lasthigh);
whatlookfor=-1;
res=1;
}
break;
case -1: // look for lawn
if (HighMapBuffer[shift]!=0.0 && HighMapBuffer[shift]>lasthigh && LowMapBuffer[shift]==0.0)
{
SetHighZZ(lasthighpos, 0.0);
lasthighpos=shift;
lasthigh=HighMapBuffer[shift];
SetHighZZ(shift, lasthigh);
}
if (LowMapBuffer[shift]!=0.0 && HighMapBuffer[shift]==0.0)
{
lastlow=LowMapBuffer[shift];
lastlowpos=shift;
SetLowZZ(shift, lastlow);
whatlookfor=1;
}
break;
default: return;
}
}
for (p=0,i=0;i<Bars && p<2;i++)
{
if (ZigzagBuffer[i] != 0)
{
LastLegBuffer[i] = ZigzagBuffer[i]; p++;
}
}
return(0);
}
//=================================================================================================
void SetLowZZ(int pShift, double pValue)
{
ZigzagBuffer[pShift]=pValue;
BufChanelLow[pShift]=pValue;
// Âåðõíèé ëó÷èê ---------------------------------------------
for (int b1=0; b1<200; b1++)
{
if (BufChanelHigh[b1] > 0) break;
}
for (int b2=b1+1; b2<400; b2++)
{
if (BufChanelHigh[b2] > 0) break;
}
ObjectSet("ZZCR1", OBJPROP_TIME1, Time[b2]);
ObjectSet("ZZCR1", OBJPROP_PRICE1, High[b2]);
ObjectSet("ZZCR1", OBJPROP_TIME2, Time[b1]);
ObjectSet("ZZCR1", OBJPROP_PRICE2, High[b1]);
}
//=================================================================================================
void SetHighZZ(int pShift, double pValue)
{
ZigzagBuffer[pShift]=pValue;
BufChanelHigh[pShift]=pValue;
// Íèæíèé ëó÷èê ---------------------------------------------
for (int b1=0; b1<200; b1++)
{
if (BufChanelLow[b1] > 0) break;
}
for (int b2=b1+1; b2<400; b2++)
{
if (BufChanelLow[b2] > 0) break;
}
ObjectSet("ZZCR2", OBJPROP_TIME1, Time[b2]);
ObjectSet("ZZCR2", OBJPROP_PRICE1, Low[b2]);
ObjectSet("ZZCR2", OBJPROP_TIME2, Time[b1]);
ObjectSet("ZZCR2", OBJPROP_PRICE2, Low[b1]);
}
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
Series array that contains open time of each bar
Indicator Curves created:
Implements a curve of type DRAW_SECTION
Implements a curve of type DRAW_SECTION
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: