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ATM_DualBollingerBands
//+--------------------------------------------------------------------+
//| Second Bollinger Band added by accrete ATM_DualBollingerBands.mq4 |
//| Copyright © 2005, Accrete LLC |
//| http://www.accrete.com |
//+--------------------------------------------------------------------+
#property copyright "Bollinger Band Indicator hack by Accrete"
#property link "http://www.accrete.com/"
#property indicator_chart_window
#property indicator_buffers 5
#property indicator_color1 White
#property indicator_color2 Aqua
#property indicator_color3 Aqua
#property indicator_color4 White
#property indicator_color5 White
//---- indicator parameters
extern int BandsPeriod=20;
extern int BandsShift=0;
extern double BandsDeviations=1;
extern double BandsDeviations2=1.5;
//---- buffers
double MovingBuffer[];
double UpperBuffer[];
double LowerBuffer[];
double UpperBuffer2[];
double LowerBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE,0,1);
SetIndexBuffer(0,MovingBuffer);
SetIndexStyle(1,DRAW_LINE,0,1);
SetIndexBuffer(1,UpperBuffer);
SetIndexStyle(2,DRAW_LINE,0,1);
SetIndexBuffer(2,LowerBuffer);
SetIndexStyle(3,DRAW_LINE,0,1);
SetIndexBuffer(3,UpperBuffer2);
SetIndexStyle(4,DRAW_LINE,0,1);
SetIndexBuffer(4,LowerBuffer2);
//----
SetIndexDrawBegin(0,BandsPeriod+BandsShift);
SetIndexDrawBegin(1,BandsPeriod+BandsShift);
SetIndexDrawBegin(2,BandsPeriod+BandsShift);
SetIndexDrawBegin(3,BandsPeriod+BandsShift);
SetIndexDrawBegin(4,BandsPeriod+BandsShift);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Bollinger Bands |
//+------------------------------------------------------------------+
int start()
{
int i,k,counted_bars=IndicatorCounted();
double deviation;
double deviation2;
double sum,oldval,newres;
//----
if(Bars<=BandsPeriod) return(0);
//---- initial zero
if(counted_bars<1)
for(i=1;i<=BandsPeriod;i++)
{
MovingBuffer[Bars-i]=EMPTY_VALUE;
UpperBuffer[Bars-i]=EMPTY_VALUE;
LowerBuffer[Bars-i]=EMPTY_VALUE;
UpperBuffer2[Bars-i]=EMPTY_VALUE;
LowerBuffer2[Bars-i]=EMPTY_VALUE;
}
//----
int limit=Bars-counted_bars;
if(counted_bars>0) limit++;
for(i=0; i<limit; i++)
MovingBuffer[i]=iMA(NULL,0,BandsPeriod,BandsShift,MODE_SMA,PRICE_CLOSE,i);
//----
i=Bars-BandsPeriod+1;
if(counted_bars>BandsPeriod-1) i=Bars-counted_bars-1;
while(i>=0)
{
sum=0.0;
k=i+BandsPeriod-1;
oldval=MovingBuffer[i];
while(k>=i)
{
newres=Close[k]-oldval;
sum+=newres*newres;
k--;
}
deviation=BandsDeviations*MathSqrt(sum/BandsPeriod);
UpperBuffer[i]=oldval+deviation;
LowerBuffer[i]=oldval-deviation;
deviation2=BandsDeviations2*MathSqrt(sum/BandsPeriod);
UpperBuffer2[i]=oldval+deviation2;
LowerBuffer2[i]=oldval-deviation2;
i--;
}
//----
Comment("");
return(0);
}
//+------------------------------------------------------------------+
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