Price Data Components
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Donchian_v1
//+------------------------------------------------------------------+
//| Donchian Channel |
//+------------------------------------------------------------------+
#property copyright "ps"
#property link ""
//---- indicator settings
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Gold
#property indicator_color2 Gold
#property indicator_width1 1
#property indicator_width2 1
//---- indicator parameters
extern int periods=20;
//---- indicator buffers
double upper[];
double lower[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- drawing settings
SetIndexStyle(0,DRAW_LINE);
SetIndexStyle(1,DRAW_LINE);
//---- indicator buffers mapping
SetIndexBuffer(0,upper);
SetIndexBuffer(1,lower);
//---- name for DataWindow and indicator subwindow label
IndicatorShortName("Donchian Channel("+periods+")");
SetIndexLabel(0,"Upper");
SetIndexLabel(1,"Lower");
//---- initialization done
return(0);
}
//+------------------------------------------------------------------+
//| now do the dance. |
//+------------------------------------------------------------------+
int start()
{
int limit;
int counted_bars=IndicatorCounted();
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
//---- calculate values
for(int i=0; i<limit; i++) {
upper[i]=iHigh(Symbol(),Period(),iHighest(Symbol(),Period(),MODE_HIGH,periods,i));
lower[i]=iLow(Symbol(),Period(),iLowest(Symbol(),Period(),MODE_LOW,periods,i));
}
return(0);
}
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