Author: Copyright 2021, MetaQuotes Software Corp.
0 Views
0 Downloads
0 Favorites
Box_v1
ÿþ//+------------------------------------------------------------------+

//|                                                          Box.mq4 |

//|                        Copyright 2021, MetaQuotes Software Corp. |

//|                                             https://www.mql5.com |

//+------------------------------------------------------------------+

#property copyright "Copyright 2021, MetaQuotes Software Corp."

#property link      "https://www.mql5.com"

#property version   "1.00"

#property strict

#property indicator_chart_window

#property indicator_buffers 2

#property indicator_color1 clrRed

#property indicator_color2 clrGreen

#property indicator_width1 2

#property indicator_width2 2

input int period = 20;

input int overlook =  10;



bool Box = false;

double ResBuffer[];

double SuppBuffer[];



double Resistance(int starting)

{

      double High1 = High[ArrayMaximum(High,period,starting)];

      double High2 = High[ArrayMaximum(High, period + overlook,starting)];

      if (High1 == High2) return High1;

      else return 0;

}



double Support(int starting)

{

      double Low1 = Low[ArrayMinimum(Low,period, starting)];

      double Low2 = Low[ArrayMinimum(Low,period+overlook,starting)];

      if (Low1 == Low2) return Low1;

      else return 0;

}



int OnInit()

   {

   SetIndexBuffer(0,ResBuffer);

   SetIndexBuffer(1,SuppBuffer);

   string short_name="Box("+IntegerToString(period)+")";

   IndicatorShortName(short_name);

   SetIndexDrawBegin(0,0);

   SetIndexDrawBegin(1,0);

   return(INIT_SUCCEEDED);

  }

  

int OnCalculate(const int rates_total,

                const int prev_calculated,

                const datetime &time[],

                const double &open[],

                const double &high[],

                const double &low[],

                const double &close[],

                const long &tick_volume[],

                const long &volume[],

                const int &spread[])

  {

   int i, limit;

   static double Savedmin = 0.0, Savedmax = 0.0;

   if((rates_total<= period + overlook) || (period <= 0) || (overlook < 0))

      return(0);

   ArraySetAsSeries(ResBuffer,false);

   ArraySetAsSeries(SuppBuffer,false);

   ArrayInitialize(ResBuffer,0);

   ArrayInitialize(SuppBuffer,0);

   if(prev_calculated<=period + overlook)

         {

            SuppBuffer[i] = 0;

            ResBuffer[i] = 0;

            

         }

   else limit = prev_calculated;

   i = MathMax(rates_total-5000,period+overlook);

   for(i; i<rates_total; i++)

      {

      bool BounceUp = (Support(rates_total-i)*2 + Resistance(rates_total-i))/3 < Close[rates_total-i];

      bool BounceBack = (Support(rates_total-i) + Resistance(rates_total-i)*2)/3 > Close[rates_total-i];

      if ((Support(rates_total-i) != NULL) && (Resistance(rates_total-i) != NULL) && !Box && BounceBack && BounceUp)

      {

      SuppBuffer[i] = Support(rates_total-i);

      ResBuffer[i] = Resistance(rates_total-i);

      Savedmin = Support(rates_total-i);

      Savedmax = Resistance(rates_total-i);

      Box = true;

      }

      else if ((Low[rates_total-i] > Savedmin) && (High[rates_total-i] < Savedmax) && Box)

         { 

            SuppBuffer[i] = Savedmin;

            ResBuffer[i] = Savedmax;

            Box = true;

         }    

      else

         {

         SuppBuffer[i] = EMPTY_VALUE;

         ResBuffer[i] = EMPTY_VALUE;

         Box = false;   

         } 

      }

      

   return(rates_total);

  }

Comments

Markdown supported. Formatting help

Markdown Formatting Guide

Element Markdown Syntax
Heading # H1
## H2
### H3
Bold **bold text**
Italic *italicized text*
Link [title](https://www.example.com)
Image ![alt text](image.jpg)
Code `code`
Code Block ```
code block
```
Quote > blockquote
Unordered List - Item 1
- Item 2
Ordered List 1. First item
2. Second item
Horizontal Rule ---