#property indicator_separate_window #property indicator_buffers 1 #property indicator_color1 Red //---- input parameters extern string Instr="GBPUSD"; extern int multistep=6; extern bool mirror=false; double OUT[]; int init() { //---- indicators IndicatorShortName("AnotherInstr "+Instr); SetIndexStyle(0,DRAW_HISTOGRAM); SetIndexBuffer(0,OUT); //---- return(0); } int deinit() { return(0); } int start() { int limit; int counted_bars=IndicatorCounted(); limit=Bars-counted_bars; for(int i=0; i<limit; i++){ int period=2; double MA=0; for (int j=1;j<=multistep;j++){ double anotherHi=iHigh(Instr,0,iHighest(Instr,0,MODE_HIGH,period,iBarShift(Instr,0,Time[i]))); double anotherLo=iLow(Instr,0,iLowest(Instr,0,MODE_LOW,period,iBarShift(Instr,0,Time[i]))); double anotherCl=iClose(Instr,0,iBarShift(Instr,0,Time[i])); double anotherWidth=(anotherHi-anotherLo); double Hi=iHigh(NULL,0,iHighest(NULL,0,MODE_HIGH,period,i)); double Lo=iLow(NULL,0,iLowest(NULL,0,MODE_LOW,period,i)); double Cl=iClose(NULL,0,i); double Width=(Hi-Lo); if (anotherWidth>0) double pos=(anotherCl-anotherLo)/anotherWidth; else pos=0; if (mirror) MA=MA+(Hi-pos*Width); else MA=MA+(Lo+pos*Width); period=period*2; }//for OUT[i]=Cl-MA/multistep; }//for return(0); }
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
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_HISTOGRAM
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: