Price Data Components
Indicators Used
0
Views
0
Downloads
0
Favorites
Fibonacci Bollinger Bands
//+------------------------------------------------------------------+
//| Fibonnaci Bollinger Bands |
//| Copyright 2024, Rama Destrian (vilraxq) |
//| http://www.mql5.com/ru/users/vilraxq |
//+------------------------------------------------------------------+
#property copyright "Copyright 2024, Rama Destrian (vilraxq)"
#property link "http://www.mql5.com/ru/users/vilraxq"
#property version "1.00"
#property description "Convert Pine Script code for Fibonacci Bollinger Bands to MQL5"
#property indicator_applied_price PRICE_TYPICAL
#property indicator_chart_window
#property indicator_buffers 13
#property indicator_plots 13
// Plot Properties
#property indicator_label1 "Upper Band"
#property indicator_type1 DRAW_LINE
#property indicator_color1 clrRed
#property indicator_width1 2
#property indicator_label2 "Lower Band"
#property indicator_type2 DRAW_LINE
#property indicator_color2 clrGreen
#property indicator_width2 2
#property indicator_label3 "Basis Line"
#property indicator_type3 DRAW_LINE
#property indicator_color3 clrBlue
#property indicator_width3 1
#property indicator_label4 "Upper Band : 0.764"
#property indicator_type4 DRAW_LINE
#property indicator_color4 clrBlack
#property indicator_width4 1
#property indicator_label5 "Upper Band : 0.618"
#property indicator_type5 DRAW_LINE
#property indicator_color5 clrBlack
#property indicator_width5 1
#property indicator_label6 "Upper Band : 0.5"
#property indicator_type6 DRAW_LINE
#property indicator_color6 clrBlack
#property indicator_width6 1
#property indicator_label7 "Upper Band : 0.382"
#property indicator_type7 DRAW_LINE
#property indicator_color7 clrBlack
#property indicator_width7 1
#property indicator_label8 "Upper Band : 0.236"
#property indicator_type8 DRAW_LINE
#property indicator_color8 clrBlack
#property indicator_width8 1
#property indicator_label9 "Lower Band : 0.764"
#property indicator_type9 DRAW_LINE
#property indicator_color9 clrBlack
#property indicator_width9 1
#property indicator_label10 "Lower Band : 0.618"
#property indicator_type10 DRAW_LINE
#property indicator_color10 clrBlack
#property indicator_width10 1
#property indicator_label11 "Lower Band : 0.5"
#property indicator_type11 DRAW_LINE
#property indicator_color11 clrBlack
#property indicator_width11 1
#property indicator_label12 "Lower Band : 0.382"
#property indicator_type12 DRAW_LINE
#property indicator_color12 clrBlack
#property indicator_width12 1
#property indicator_label13 "Lower Band : 0.236"
#property indicator_type13 DRAW_LINE
#property indicator_color13 clrBlack
#property indicator_width13 1
// Input Parameters
input int Length = 200; // BB Period
input double Mult = 3.0; // BB Multiplier
input ENUM_APPLIED_PRICE Applied_price = PRICE_TYPICAL; // Stdev Source
// Buffers
double basisBuffer[];
double upperBuffer[];
double lowerBuffer[];
double devValue[];
// Buffers for fibonacci
double upper764[];
double upper618[];
double upper5[];
double upper382[];
double upper236[];
double lower764[];
double lower618[];
double lower5[];
double lower382[];
double lower236[];
// Handle
int devHandle;
// Initialization
int OnInit()
{
// Mapping Buffers
SetIndexBuffer(0, upperBuffer, INDICATOR_DATA);
SetIndexBuffer(1, lowerBuffer, INDICATOR_DATA);
SetIndexBuffer(2, basisBuffer, INDICATOR_DATA);
SetIndexBuffer(3, upper764, INDICATOR_DATA);
SetIndexBuffer(4, upper618, INDICATOR_DATA);
SetIndexBuffer(5, upper5, INDICATOR_DATA);
SetIndexBuffer(6, upper382, INDICATOR_DATA);
SetIndexBuffer(7, upper236, INDICATOR_DATA);
SetIndexBuffer(8, lower764, INDICATOR_DATA);
SetIndexBuffer(9, lower618, INDICATOR_DATA);
SetIndexBuffer(10, lower5, INDICATOR_DATA);
SetIndexBuffer(11, lower382, INDICATOR_DATA);
SetIndexBuffer(12, lower236, INDICATOR_DATA);
// Initialize Arrays
ArraySetAsSeries(basisBuffer, true);
ArraySetAsSeries(upperBuffer, true);
ArraySetAsSeries(lowerBuffer, true);
ArraySetAsSeries(devValue, true);
ArraySetAsSeries(upper764, true);
ArraySetAsSeries(upper618, true);
ArraySetAsSeries(upper5, true);
ArraySetAsSeries(upper382, true);
ArraySetAsSeries(upper236, true);
ArraySetAsSeries(lower764, true);
ArraySetAsSeries(lower618, true);
ArraySetAsSeries(lower5, true);
ArraySetAsSeries(lower382, true);
ArraySetAsSeries(lower236, true);
// Create StdDev Indicator
devHandle = iStdDev(_Symbol, PERIOD_CURRENT, Length, 0, MODE_SMA, Applied_price);
if(devHandle == INVALID_HANDLE)
{
Print("Error creating StdDev handle");
return(INIT_FAILED);
}
return(INIT_SUCCEEDED);
}
// VWMA Calculation
double vwma(const double &src[], int lengthVWMA, int index)
{
double s1 = 0, s2 = 0;
for(int i = index; i < MathMin(index + lengthVWMA, ArraySize(src)); i++)
{
double vol = (double)iVolume(_Symbol, PERIOD_CURRENT, i);
if(vol == 0)
continue; // Skip invalid volume
s1 += src[i] * vol;
s2 += vol;
}
return s2 == 0 ? 0 : s1 / s2; // Prevent division by zero
}
// OnCalculate Function
int OnCalculate(const int rates_total,
const int prev_calculated,
const int begin,
const double &price[])
{
ArraySetAsSeries(price, true);
if(CopyBuffer(devHandle, 0, 0, rates_total, devValue) <= 0 || ArraySize(devValue) < rates_total)
{
Print("Failed to copy StdDev values or devValue array size mismatch");
return(prev_calculated);
}
// Define the calculation limit based on the number of previously calculated bars.
int limit = rates_total - prev_calculated;
if (prev_calculated == 0)
limit = rates_total - 2;
else
limit++;
if(limit > rates_total - 2)
limit = rates_total - 2;
/// Loop through each bar for calculation.
for(int i = limit; i >= 0; i--)
{
// Calculate the basis using the VWMA.
double basis = vwma(price, Length, i);
if (basis == 0 || basis == EMPTY_VALUE)
{
basisBuffer[i] = EMPTY_VALUE;
upperBuffer[i] = EMPTY_VALUE;
lowerBuffer[i] = EMPTY_VALUE;
upper236[i] = EMPTY_VALUE;
lower236[i] = EMPTY_VALUE;
continue; // Skip this bar's calculation.
}
basisBuffer[i] = basis;
double dev = devValue[i];
if (dev == EMPTY_VALUE || dev <= 0)
{
basisBuffer[i] = EMPTY_VALUE;
upperBuffer[i] = EMPTY_VALUE;
lowerBuffer[i] = EMPTY_VALUE;
upper236[i] = EMPTY_VALUE;
lower236[i] = EMPTY_VALUE;
continue;
}
// Calculate the upper and lower bands based on the multiplier and standard deviation.
upperBuffer[i] = basis + Mult * dev; // Upper Band
lowerBuffer[i] = basis - Mult * dev; // Lower Band
// Calculate Fibonacci levels for the bands.
upper236[i] = basis + Mult * dev * 0.236;
upper382[i] = basis + Mult * dev * 0.382;
upper5[i] = basis + Mult * dev * 0.5;
upper618[i] = basis + Mult * dev * 0.618;
upper764[i] = basis + Mult * dev * 0.764;
lower236[i] = basis - Mult * dev * 0.236;
lower382[i] = basis - Mult * dev * 0.382;
lower5[i] = basis - Mult * dev * 0.5;
lower618[i] = basis - Mult * dev * 0.618;
lower764[i] = basis - Mult * dev * 0.764;
}
return rates_total;
}
Comments
Markdown Formatting Guide
# H1
## H2
### H3
**bold text**
*italicized text*
[title](https://www.example.com)

`code`
```
code block
```
> blockquote
- Item 1
- Item 2
1. First item
2. Second item
---