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Daily Volatility Breakout
//+------------------------------------------------------------------+
//| 70/50VolBreakout.mq4 |
//| Keris2112 |
//| |
//+------------------------------------------------------------------+
#property copyright "Keris2112"
#property link ""
#property indicator_chart_window
#property indicator_buffers 4
#property indicator_color1 Blue
#property indicator_color2 Blue
#property indicator_color3 Red
#property indicator_color4 Red
extern int EntryPercent = 70;
extern int StopPercent = 50;
int i=1, shift;
double PrevRange;
double LongEntry;
double LongStop;
double ShortEntry;
double ShortStop;
bool result;
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];
double ExtMapBuffer5[];
bool isNewDay(int _shift)
{
//----
result=false;
if ( (TimeHour(Time[_shift])==0) && (TimeMinute(Time[_shift])==0) ) result=true;
//----
return(result);
}
void GetRS1ofDay(int _shift)
{
int prevDay=TimeDay(Time[_shift+1]);
//----
i=1;
while (TimeDay(Time[_shift+i])==prevDay) i++;
i--;
PrevRange=High[Highest(NULL,0,MODE_HIGH,i,_shift+1)] - Low[Lowest(NULL,0,MODE_LOW,i,_shift+1)];
LongEntry = Open[_shift] + (PrevRange * (EntryPercent*0.01));
LongStop = LongEntry - (PrevRange * (StopPercent*0.01));
ShortEntry = Open[_shift] - (PrevRange * (EntryPercent*0.01));
ShortStop = ShortEntry + (PrevRange * (StopPercent*0.01));
ExtMapBuffer1[_shift] = LongEntry;
ExtMapBuffer2[_shift] = LongStop;
ExtMapBuffer3[_shift] = ShortEntry;
ExtMapBuffer4[_shift] = ShortStop;
Comment(
"Previous Range: ",PrevRange*1/Point," pips",
"\n",(EntryPercent),"% of Previous Range: ",MathRound((EntryPercent*PrevRange*(0.01/Point)))," pips",
"\n",(StopPercent),"% of Previous Range: ",MathRound((StopPercent*PrevRange*(0.01/Point)))," pips",
"\nOpen: ",Open[_shift],
"\nEnter BuyStop at: ",ExtMapBuffer1[_shift]," with StopLoss at: ",ExtMapBuffer2[_shift],
"\nEnter SellStop at: ",ExtMapBuffer3[_shift]," with StopLoss at: ",ExtMapBuffer4[_shift]);
}
void CopyLevels1Day(int _shift)
{
ExtMapBuffer1[_shift]=ExtMapBuffer1[_shift+1];
ExtMapBuffer2[_shift]=ExtMapBuffer2[_shift+1];
ExtMapBuffer3[_shift]=ExtMapBuffer3[_shift+1];
ExtMapBuffer4[_shift]=ExtMapBuffer4[_shift+1];
ExtMapBuffer5[_shift]=ExtMapBuffer5[_shift];
}
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorBuffers(4);
SetIndexStyle(0,DRAW_ARROW);
SetIndexArrow(0,160);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexEmptyValue(0,0.0);
SetIndexLabel(0,0);
SetIndexStyle(1,DRAW_ARROW);
SetIndexArrow(1,160);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexEmptyValue(1,0.0);
SetIndexLabel(1,0);
SetIndexStyle(2,DRAW_ARROW);
SetIndexArrow(2,160);
SetIndexBuffer(2,ExtMapBuffer3);
SetIndexEmptyValue(2,0.0);
SetIndexLabel(2,0);
SetIndexStyle(3,DRAW_ARROW);
SetIndexArrow(3,160);
SetIndexBuffer(3,ExtMapBuffer4);
SetIndexEmptyValue(3,0.0);
SetIndexLabel(3,0);
SetIndexBuffer(0,ExtMapBuffer5);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int limit,firstDay;
int counted_bars=IndicatorCounted();
if (counted_bars<0) return(0);
if (counted_bars==0)
{
limit=Bars-1;
i=1;
firstDay=TimeDay(Time[limit]);
while (TimeDay(Time[limit-i])==firstDay) i++;
limit=limit-i-PERIOD_D1/Period();
}
if (counted_bars>0) limit=Bars-counted_bars;
//----
if (Period()>PERIOD_D1) return;
for (shift=limit;shift>=0;shift--)
{
if (isNewDay(shift)) GetRS1ofDay(shift); else CopyLevels1Day(shift);
}
//----
return(0);
}
//+------------------------------------------------------------------+
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