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Bollinger Bands %b
//+-------------------------------------------------------------------+
//| Bollinger Bands %b.mq4 |
//| Copyright © 2004, MetaQuotes Software Corp. |
//| http://www.metaquotes.net |
//| Modified by Alejandro Galindo |
//| |
//| You are free to use it |
//| |
//| If you want and if this work/modification is helpful to you |
//| you can send me a PayPal donation to ag@elcactus.com |
//+-------------------------------------------------------------------+
#property copyright "Copyright © 2004, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net/"
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Yellow
//---- input parameters
extern int BBPeriod=20;
extern int StdDeviation=2;
//---- buffers
double BLGBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- indicator line
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,BLGBuffer);
//---- name for DataWindow and indicator subwindow label
short_name="BBpB("+BBPeriod+","+StdDeviation+")";
IndicatorShortName(short_name);
SetIndexLabel(0,short_name);
//----
SetIndexDrawBegin(0,BBPeriod);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Momentum |
//+------------------------------------------------------------------+
int start()
{
int i,counted_bars=IndicatorCounted();
//----
if(Bars<=BBPeriod) return(0);
//---- initial zero
if(counted_bars<1)
for(i=1;i<=BBPeriod;i++) BLGBuffer[Bars-i]=0.0;
//----
i=Bars-BBPeriod-1;
if(counted_bars>=BBPeriod) i=Bars-counted_bars-1;
while(i>=0)
{
BLGBuffer[i]=(Close[i]-iBands(NULL,0,BBPeriod,StdDeviation,0,0,MODE_HIGH,i))/(iBands(NULL,0,BBPeriod,StdDeviation,0,0,MODE_LOW,i)-iBands(NULL,0,BBPeriod,StdDeviation,0,0,MODE_HIGH,i));
i--;
}
return(0);
}
//+------------------------------------------------------------------+
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