ASCT1sig_v1

ASCT1sig_v1
Indicators Used
Larry William percent range indicator
Miscellaneous
Implements a curve of type %1It issuies visual alerts to the screen
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ASCT1sig_v1
//+------------------------------------------------------------------+
//| ASCT1sig.mq4                                                     |
//| 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_ARROW);
   SetIndexArrow(0,108);
   SetIndexStyle(1,DRAW_ARROW);
   SetIndexArrow(1,108);
   SetIndexBuffer(0,val1);
   SetIndexBuffer(1,val2);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| ASCTrend1sig                                                     |
//+------------------------------------------------------------------+
int start()
  {
   if (CountBars>=1000) CountBars=950;
   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;
   double Table_value2[1000];
//----
   value10=3+RISK*2;
   x1=67+RISK;
   x2=33-RISK;
   value11=value10;
//----
   if(Bars<=11+1) return(0);
//---- initial zero
   if(counted_bars<11+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)
      Table_value2[shift]=value2;
      val1[shift]=0;
      val2[shift]=0;
      value3=0;
      if (value2<x2)
        {
        i1=1;
         while(Table_value2[shift+i1]>=x2 && Table_value2[shift+i1]<=x1){i1++;}
         if (Table_value2[shift+i1]>x1)
           {
            value3=High[shift]+Range*0.5;
            val1[shift]=value3;
           }
        }
      if (value2>x1)
        {
        i1=1;
         while(Table_value2[shift+i1]>=x2 && Table_value2[shift+i1]<=x1){i1++;}
         if (Table_value2[shift+i1]<x2)
           {
            value3=Low[shift]-Range*0.5;
            val2[shift]=value3;
           }
        }
      if (val1[shift]>0) Alert(Symbol() + ":" + Period() + " - ASCT SELL");
      if (val2[shift]>0) Alert(Symbol() + ":" + Period() + " - ASCT BUY");
      shift--;
     }
   return(0);
  }
//+------------------------------------------------------------------+

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