AltrTrend_Signal_v2_2-Alert





//+------------------------------------------------------------------+
//| AltrTrend_Signal_v2_2.mq4 
//| Ramdass - Conversion only
//+------------------------------------------------------------------+
#property  copyright "Author - OlegVS, GOODMAN"

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Chartreuse
#property indicator_color2 Yellow

#property indicator_width1 2
#property indicator_width2 2

//---- input parameters
extern int K=30;
extern double Kstop=0.5;
extern int Kperiod=150;
extern int PerADX=14;
extern int CountBars=350;
extern int SoundON=1; //zakton's


//---- buffers
double val1[];
double val2[];

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
   string short_name;
//---- indicator line
   IndicatorBuffers(2);
   SetIndexStyle(0,DRAW_ARROW);
   SetIndexArrow(0,159);
   SetIndexStyle(1,DRAW_ARROW);
   SetIndexArrow(1,159);
   SetIndexBuffer(0,val1);
   SetIndexBuffer(1,val2);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| AltrTrend_Signal_v2_2                                            |
//+------------------------------------------------------------------+
int start()
  {   
   if (CountBars>=Bars) CountBars=Bars;
   SetIndexDrawBegin(0,Bars-CountBars+PerADX);
   SetIndexDrawBegin(1,Bars-CountBars+PerADX);
   int i,shift,counted_bars=IndicatorCounted();
   int i1,i2;
   double Range,AvgRange,smin,smax,SsMax,SsMin,SSP,price;
   bool uptrend,old;
//----
   if(Bars<=PerADX+1) return(0);
//---- initial zero
   if(counted_bars<PerADX+1)
   {
      for(i=1;i<=PerADX;i++) val1[CountBars-i]=0.0;
      for(i=1;i<=PerADX;i++) val2[CountBars-i]=0.0;
   }
//----


for (shift = CountBars-PerADX; shift>=0; shift--) 
{ 

SSP=MathCeil(Kperiod/iADX(NULL,0,PerADX,PRICE_CLOSE,MODE_MAIN,1));
	Range=0;
	AvgRange=0;
	for (i1=shift; i1<=shift+SSP; i1++)
		{AvgRange=AvgRange+MathAbs(High[i1]-Low[i1]);
		}
	Range=AvgRange/(SSP+1);

SsMax=High[shift]; SsMin=Low[shift]; 
   for (i2=shift;i2<=shift+SSP-1;i2++)
        {
         price=High[i2];
         if(SsMax<price) SsMax=price;
         price=Low[i2];
         if(SsMin>=price)  SsMin=price;
        }
 
smin = SsMin+(SsMax-SsMin)*K/100; 
smax = SsMax-(SsMax-SsMin)*K/100; 
	val1[shift]=0;
	val2[shift]=0;
	if (Close[shift]<smin)
		{
		uptrend = false;
		}
	if (Close[shift]>smax)
		{
		uptrend = true;
		}
   if (uptrend!=old && uptrend==true) {val1[shift]=Low[shift]-Range*Kstop;}
   
   if (uptrend!=old && uptrend==false) {val2[shift]=High[shift]+Range*Kstop;}
   old=uptrend;

// zakton's code   
   if ((shift == 0) && (SoundON == 1)) {
      if (val1[0] > 0) PlaySound("ReadyToExit.wav");
   }
   
   if ((shift == 0) && (SoundON == 1)) {
      if (val2[0] > 0) PlaySound("ReadyToExit.wav");
   }
}
   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 close prices for each bar


Indicator Curves created:

Implements a curve of type DRAW_ARROW


Indicators Used:

Movement directional index


Custom Indicators Used:

Order Management characteristics:

Other Features:

It plays sound alerts