CandleStop_v1

//+------------------------------------------------------------------+
//|                                                                  |
//|                                                                  |
//|                      File: CandleStop.mq4                        |
//|                      Author: CrushD                              |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "CrushD"
//----
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Green
//---- input parameters
extern int TrailPeriods=5;
//---- buffers
double LongTrailBuffer[];
double ShortTrailBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   SetIndexStyle(0,DRAW_LINE, STYLE_DASH);
   SetIndexLabel(0, "Short Trail Stop");
   SetIndexBuffer(0,ShortTrailBuffer);
   SetIndexStyle(1,DRAW_LINE, STYLE_DASH);
   SetIndexLabel(1, "Long Trail Stop");
   SetIndexBuffer(1,LongTrailBuffer);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   int counted_bars=IndicatorCounted();
   int i;
   if(counted_bars>0) counted_bars--;
   int limit=Bars-counted_bars;
   for(i=0; i<=limit; i++)
     {
      //calc short stop
      //Highest High of last n periods
      ShortTrailBuffer[i]=High[Highest(NULL, 0, MODE_HIGH, TrailPeriods, i+TrailPeriods)];
      //calc long stop
      //Lowest Low of last n periods
      LongTrailBuffer[i]=Low[Lowest(NULL, 0, MODE_LOW, TrailPeriods, i+TrailPeriods)];
     }
//----
   return(0);
  }
//+------------------------------------------------------------------+