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ATR_Normalize
#property copyright "Copyright © 2013, Langouste"
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 DodgerBlue
//---- input parameters
extern int AtrPeriod=14;
//---- buffers
double AtrBuffer[];
double TempBuffer1[];
double TempBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- 1 additional buffer used for counting.
IndicatorBuffers(3);
//---- indicator line
SetIndexStyle (0,DRAW_LINE);
SetIndexBuffer(0,AtrBuffer);
SetIndexBuffer(1,TempBuffer1);
SetIndexBuffer(2,TempBuffer2);
//---- name for DataWindow and indicator subwindow label
short_name="ATR Normalize("+AtrPeriod+")";
IndicatorShortName(short_name);
SetIndexLabel(0,short_name);
//----
SetIndexDrawBegin(0,AtrPeriod);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Average True Range |
//+------------------------------------------------------------------+
int start()
{
int i,counted_bars=IndicatorCounted();
//----
if(Bars<=AtrPeriod) return(0);
//---- initial zero
if(counted_bars<1)
for(i=1;i<=AtrPeriod;i++) AtrBuffer[Bars-i]=0.0;
//----
i=Bars-counted_bars-1;
while(i>=0)
{
double _Close =Close[i];
double _Low = Low [i];
TempBuffer1[i]=_Close - _Low;
//------------------------------------------------------------
double high=High[i];
double low =Low[i];
if(i==Bars-1) TempBuffer2[i]=high-low;
else
{
double prevclose=Close[i+1];
TempBuffer2[i]=MathMax(high,prevclose)-MathMin(low,prevclose);
}
//--------------------------------------------------------------
i--;
}
//----
if(counted_bars>0) counted_bars--;
int limit=Bars-counted_bars;
for(i=0; i<limit; i++)
{
if (iMAOnArray(TempBuffer2,Bars,AtrPeriod,0,MODE_SMA,i)!=0)
AtrBuffer[i] = (iMAOnArray(TempBuffer1,Bars,AtrPeriod,0,MODE_SMA,i)/iMAOnArray(TempBuffer2,Bars,AtrPeriod,0,MODE_SMA,i))*100;
}
//----
return(0);
}
//+------------------------------------------------------------------+
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