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BPS Support and Resistance 2
//+------------------------------------------------------------------+
//| Support and Resistance 2 |
//| Copyright © 2004/5/6/7 Barry Stander |
//| http://www.4Africa.net/4meta/ |
//+------------------------------------------------------------------+
#property copyright "Support and Resistance Copyright © 2006 Barry Stander fx1@4africa.net"
#property link "http://www.4Africa.net/4meta/"
string version = "";
string likeit = " ";
extern int srPeriod = 7;
extern int MaxBars = 500;
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Blue
//---- buffers
double v1[];
double v2[];
double val1;
double val2;
int i;
double upper_fr[300];
double lower_fr[300];
int init()
{
Comment( version + "\n" + likeit );
IndicatorBuffers(2);
SetIndexArrow(0, 119);
SetIndexStyle(0,DRAW_ARROW,STYLE_DOT,1,Red);
SetIndexDrawBegin(0,i-1);
SetIndexBuffer(0, v1);
SetIndexLabel(0,"Resistance");
SetIndexArrow(1, 119);
SetIndexStyle(1,DRAW_ARROW,STYLE_DOT,1,Blue);
SetIndexDrawBegin(1,i-1);
SetIndexBuffer(1, v2);
SetIndexLabel(1,"Support");
return(0);
}
int start()
{
Comment( version + "\n" + likeit );
int counted = IndicatorCounted();
if (counted < 0) return (-1);
if (counted > 0) counted--;
int limit = MathMin(Bars-counted, MaxBars);
double dy = 0;
// for (int i=1; i <= 20; i++)
// {
// dy += 0.3*(High[i]-Low[i])/20;
// }
for (int i=0+srPeriod; i <= limit+srPeriod; i++)
{
upper_fr[i] = 0;
lower_fr[i] = 0;
if (is_upper_fr(i, srPeriod)) upper_fr[i] = High[i];//+dy;
if (is_lower_fr(i, srPeriod)) lower_fr[i] = Low[i];//-dy;
}
i=Bars;
while(i>=0)
{
val1 = upper_fr[i];
if (val1 > 0)
v1[i]=High[i];
else
v1[i] = v1[i+1];
val2 = lower_fr[i];
if (val2 > 0)
v2[i]=Low[i];
else
v2[i] = v2[i+1];
i--;
}
return(0);
}
//+------------------------------------------------------------------+
//
// i-FractalsEx from: http://codebase.mql4.com/1302
// #property copyright "© 2007 RickD"
// #property link "www.e2e-fx.net"
//
bool is_upper_fr(int bar, int period)
{
for (int i=1; i<=period; i++)
{
if (bar+i >= Bars || bar-i < 0) return (false);
if (High[bar] < High[bar+i]) return (false);
if (High[bar] < High[bar-i]) return (false);
}
return (true);
}
bool is_lower_fr(int bar, int period)
{
for (int i=1; i<=period; i++)
{
if (bar+i >= Bars || bar-i < 0) return (false);
if (Low[bar] > Low[bar+i]) return (false);
if (Low[bar] > Low[bar-i]) return (false);
}
return (true);
}
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