//+------------------------------------------------------------------+ //| ASCTrend1 //| Ramdass - Conversion only //+------------------------------------------------------------------+ #property indicator_chart_window #property indicator_buffers 2 #property indicator_color1 Magenta #property indicator_color2 Aqua //---- input parameters extern int RISK=3; extern int CountBars=300; //---- buffers double val1[]; double val2[]; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- indicator line IndicatorBuffers(2); SetIndexStyle(0,DRAW_HISTOGRAM,0,1); SetIndexStyle(1,DRAW_HISTOGRAM,0,1); SetIndexBuffer(0,val1); SetIndexBuffer(1,val2); //---- return(0); } //+------------------------------------------------------------------+ //| ASCTrend1 | //+------------------------------------------------------------------+ int start() { if (CountBars>=Bars) CountBars=Bars; SetIndexDrawBegin(0,Bars-CountBars+11+1); SetIndexDrawBegin(1,Bars-CountBars+11+1); int i,shift,counted_bars=IndicatorCounted(); int Counter,i1,value10,value11; double value1,x1,x2; double value2,value3; double TrueCount,Range,AvgRange,MRO1,MRO2; value10=3+RISK*2; x1=67+RISK; x2=33-RISK; value11=value10; //---- if(Bars<=value11+1) return(0); //---- initial zero if(counted_bars<value11+1) { for(i=1;i<=0;i++) val1[CountBars-i]=0.0; for(i=1;i<=0;i++) val2[CountBars-i]=0.0; } //---- shift=CountBars-11-1; while(shift>=0) { Counter=shift; Range=0.0; AvgRange=0.0; for (Counter=shift; Counter<=shift+9; Counter++) AvgRange=AvgRange+MathAbs(High[Counter]-Low[Counter]); Range=AvgRange/10; Counter=shift; TrueCount=0; while (Counter<shift+9 && TrueCount<1) {if (MathAbs(Open[Counter]-Close[Counter+1])>=Range*2.0) TrueCount=TrueCount+1; Counter=Counter+1; } if (TrueCount>=1) {MRO1=Counter;} else {MRO1=-1;} Counter=shift; TrueCount=0; while (Counter<shift+6 && TrueCount<1) {if (MathAbs(Close[Counter+3]-Close[Counter])>=Range*4.6) TrueCount=TrueCount+1; Counter=Counter+1; } if (TrueCount>=1) {MRO2=Counter;} else {MRO2=-1;} if (MRO1>-1) {value11=3;} else {value11=value10;} if (MRO2>-1) {value11=4;} else {value11=value10;} value2=100-MathAbs(iWPR(NULL,0,value11,shift)); // PercentR(value11=9) val1[shift]=0; val2[shift]=0; if (value2>x1) { val1[shift]=Low[shift]; val2[shift]=High[shift]; } if (value2<x2) { val1[shift]=High[shift]; val2[shift]=Low[shift]; } shift--; } 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
Series array that contains open prices 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: