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HighsLowsSignalAlert
//+------------------------------------------------------------------+
//| HighsLowsSignalAlert.mq4 |
//| Copyright © 2006, Robert Hill |
//+------------------------------------------------------------------+
/*
+------------------------------------------------------------------+
| Allows you to enter a number and it will then show you at |
| which point that many higher highs/higher lows or |
| lower highs/lower lows candles occur. |
| It also give an alert if the current bar has the |
| required number of candles before it. |
+------------------------------------------------------------------+
*/
#property copyright "Copyright © 2006, Robert Hill"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 LawnGreen
#property indicator_color2 Red
#property indicator_width1 3
#property indicator_width2 3
extern bool SoundON=true;
extern int HowManyCandles = 3;
double TrendUp[];
double TrendDown[];
double alertTag;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
// IndicatorBuffers(4);
SetIndexStyle(0, DRAW_ARROW, EMPTY, 3);
SetIndexArrow(0, 233);
SetIndexBuffer(0, TrendUp);
SetIndexStyle(1, DRAW_ARROW, EMPTY, 3);
SetIndexArrow(1, 234);
SetIndexBuffer(1, TrendDown);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start() {
int limit, i, counter;
double Range, AvgRange;
int HigherHighs,HigherLows;
int LowerHighs,LowerLows;
int counted_bars=IndicatorCounted();
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
for(i = 0; i <= limit; i++) {
counter=i;
Range=0;
AvgRange=0;
for (counter=i ;counter<=i+9;counter++)
{
AvgRange=AvgRange+MathAbs(High[counter]-Low[counter]);
}
Range=AvgRange/10;
HigherHighs=0;
HigherLows=0;
LowerHighs=0;
LowerLows=0;
for (counter=i;counter<i+HowManyCandles;counter++)
{
if (High[counter] > High[counter+1]) HigherHighs++;
if (Low[counter] > Low[counter+1]) HigherLows++;
if (High[counter] < High[counter+1]) LowerHighs++;
if (Low[counter] < Low[counter+1]) LowerLows++;
}
if (HigherHighs == HowManyCandles && HigherLows == HowManyCandles)
{
TrendUp[i] = Low[i] - Range*0.75;
if ( alertTag!=Time[0])
{
PlaySound("news.wav");// buy wav
Alert(Symbol()," M",Period(),HowManyCandles," HigherHighs/HigherLows");
}
alertTag = Time[0];
}
else if (LowerHighs == HowManyCandles && LowerLows == HowManyCandles)
{
TrendDown[i] = High[i] + Range*0.75;
if ( alertTag!=Time[0])
{
PlaySound("news.wav"); //sell wav
Alert(Symbol()," M",Period(),HowManyCandles," LowerHighs/LowerLows");
}
alertTag = Time[0];
}
}
return(0);
}
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