//+------------------------------------------------------------------+ //| ASCTrend1.mq4 | //| thanks to komposter |C0Rpus - big thanks CHANGE2002, STEPAN and SERSH //| komposterius@mail.ru | //+------------------------------------------------------------------+ #property copyright "thanks to komposter" #property link "komposterius@mail.ru" #property indicator_chart_window #property indicator_buffers 2 #property indicator_color1 Lime #property indicator_color2 Red extern double RISK = 3; double buf0[]; //ASC_Trend_Up double buf1[]; //ASC_Trend_Down int init() { IndicatorShortName( "ASCTrend1" ); IndicatorDigits ( MarketInfo( Symbol(), MODE_DIGITS ) ); SetIndexBuffer( 0 , buf0 ); SetIndexStyle ( 0 , DRAW_HISTOGRAM ); SetIndexDrawBegin( 0 , 12 ); SetIndexLabel( 0 , "ASC_Trend_Up"); SetIndexBuffer( 1 , buf1 ); SetIndexStyle ( 1 , DRAW_HISTOGRAM ); SetIndexDrawBegin( 1 , 12 ); SetIndexLabel( 1 , "ASC_Trend_Down"); return(0); } int start() { int counted_bars=IndicatorCounted(); if ( Bars <= 100 ) return(-1); if ( counted_bars < 0 ) return(-1); if ( counted_bars > 0 ) counted_bars -- ; int limit = Bars - 12; if ( counted_bars > 0 ) { limit = Bars - counted_bars - 12; } double x1 = 67 + RISK, x2 = 33 - RISK; for ( int i = limit; i >= 0; i -- ) { double ASC_Trend_Up = 0, ASC_Trend_Down = 0, SummRange = 0, AvgRange = 0; for ( int u = i + 9; u >= i; u -- ) { SummRange += High[u] - Low[u]; } AvgRange = SummRange / 10; int WprPeriod = 3 + RISK * 2; for ( u = i + 9; u >= i; u -- ) { if ( MathAbs( Open[u] - Close[u+1] ) >= AvgRange * 2 ) { WprPeriod = 3; break; } } for ( u = i + 6; u >= i; u -- ) { if ( MathAbs( Close[u+3] - Close[u] ) >= AvgRange * 4.6 ) { WprPeriod = 4; break; } } double WprAbs = 100 + iWPR( Symbol(), 0, WprPeriod, i ); if ( WprAbs < x2 ) { ASC_Trend_Up=Low[i]; ASC_Trend_Down=High[i]; } if ( WprAbs > x1 ) { ASC_Trend_Down=Low[i]; ASC_Trend_Up=High[i]; } buf0[i] = ASC_Trend_Up; buf1[i] = ASC_Trend_Down; } return(0); } int deinit() { 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:
Indicators Used:
Larry William percent range indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: