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BAT_ATRv1_v1
//+------------------------------------------------------------------+
//| ATR Trailing Stop.mq4 |
//| |
//| |
//+------------------------------------------------------------------+
#property copyright "Copyright Team Aphid"
#property link ""
//---- indicator settings
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
//---- indicator parameters
extern int BackPeriod =1000;
extern int ATRPeriod =3;
extern double Factor=3;
extern bool TypicalPrice=false;
//---- indicator buffers
double ind_buffer1[];
double ind_buffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- drawing settings
SetIndexStyle(0,DRAW_LINE,EMPTY,2);
SetIndexDrawBegin(0,ATRPeriod);
SetIndexBuffer(0,ind_buffer1);
SetIndexStyle(1,DRAW_LINE,EMPTY,2);
SetIndexDrawBegin(1,ATRPeriod);
SetIndexBuffer(1,ind_buffer2);
IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)+2);
//---- name for DataWindow and indicator subwindow label
IndicatorShortName("ATR Trailing Stop("+ATRPeriod+" * "+Factor+")");
SetIndexLabel(0,"Support");
SetIndexLabel(1,"Resistance");
//---- initialization done
return(0);
}
//+------------------------------------------------------------------+
//| Moving Averages Convergence/Divergence |
//+------------------------------------------------------------------+
int start()
{
int limit;
int counted_bars=IndicatorCounted();
double PrevUp, PrevDn;
double CurrUp, CurrDn;
double PriceLvl;
double LvlUp=0;
double LvlDn=1000;
int Dir=1;
int InitDir;
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
if(BackPeriod>limit) BackPeriod=limit-1;
//---- fill in buffervalues
InitDir=0;
for(int i=BackPeriod; i>=0; i--)
{
if (TypicalPrice) PriceLvl=(High[i] + Low[i] + Close[i])/3;
else PriceLvl=Close[i];
//----
if(InitDir==0)
{
CurrUp=Close[i] - (iATR(NULL,0,ATRPeriod,i) * Factor);
PrevUp=Close[i-1] - (iATR(NULL,0,ATRPeriod,i-1) * Factor);
CurrDn=Close[i] + (iATR(NULL,0,ATRPeriod,i) * Factor);
PrevDn=Close[i-1] + (iATR(NULL,0,ATRPeriod,i-1) * Factor);
//----
if (CurrUp > PrevUp) Dir=1;
LvlUp=CurrUp;
if (CurrDn < PrevDn) Dir=-1;
LvlDn=CurrDn;
InitDir=1;
}
CurrUp=PriceLvl - (iATR(NULL,0,ATRPeriod,i) * Factor);
CurrDn=PriceLvl + (iATR(NULL,0,ATRPeriod,i) * Factor);
//----
if (Dir==1)
{
if (CurrUp > LvlUp)
{
ind_buffer1[i]=CurrUp;
LvlUp=CurrUp;
}
else
{
ind_buffer1[i]=LvlUp;
}
ind_buffer2[i]=EMPTY_VALUE;
if (Low[i] < ind_buffer1[i])
{
Dir=-1;
LvlDn=1000;
}
}
if (Dir==-1)
{
if (CurrDn < LvlDn)
{
ind_buffer2[i]=CurrDn;
LvlDn=CurrDn;
}
else
{
ind_buffer2[i]=LvlDn;
}
ind_buffer1[i]=EMPTY_VALUE;
if (High[i] > ind_buffer2[i])
{
Dir=1;
LvlUp=0;
}
}
}
//----
return(0);
}
//+------------------------------------------------------------------+
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