BAT_ATRv1_v1

Indicators Used
Indicator of the average true range
Miscellaneous
Implements a curve of type %1
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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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