NRTR_v3

//+------------------------------------------------------------------+
//|                                                         NRTR.mq4 |
//|                                        Ramdass - Conversion only |
//+------------------------------------------------------------------+

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
//---- input parameters
extern int AveragePeriod = 10;
extern int CountBars = 300;
//---- buffers
double value1[];
double value2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicator line
   SetIndexBuffer(0, value1);
   SetIndexBuffer(1, value2);
   SetIndexStyle(0, DRAW_ARROW, EMPTY, 1);
   SetIndexArrow(0, 159);
   SetIndexStyle(1, DRAW_ARROW, EMPTY, 1);
   SetIndexArrow(1, 159);
//---- name for DataWindow label
   SetIndexLabel(0, "NRTRUp(" + IntegerToString(AveragePeriod) + ")");    
   SetIndexLabel(1, "NRTRDown(" + IntegerToString(AveragePeriod) + ")"); 
//----
   if(CountBars > Bars) 
       CountBars = Bars;
   SetIndexDrawBegin(0, Bars - CountBars + 1);
   SetIndexDrawBegin(1, Bars - CountBars + 1); 
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| NRTR                                                             |
//+------------------------------------------------------------------+
int start()
  {
   int i, counted_bars = IndicatorCounted();
   double value;
   double trend = 0, dK, AvgRange, price;
//----
   if(Bars <= AveragePeriod) 
       return(0);
//---- initial zero
   if(counted_bars < 1)
     {
       for(i = 1; i <= AveragePeriod; i++) 
           value1[Bars-i] = 0.0;
       for(i = 1; i <= AveragePeriod; i++) 
           value2[Bars-i] = 0.0;
     }
//----
   AvgRange=0;
   for(i = 1; i <= AveragePeriod; i++) 
       AvgRange += MathAbs(High[i] - Low[i]);
//----
   if(Symbol() == "USDJPY" || Symbol() == "GBPJPY" || Symbol() == "EURJPY")
     {
       dK = (AvgRange / AveragePeriod) / 100;}
   else 
     {
       dK = AvgRange / AveragePeriod;
     }
//----
   if(Close[CountBars-1] > Open[CountBars-1])
     {
       value1[CountBars-1] = Close[CountBars-1] * (1 - dK);
       trend = 1; 
       value2[CountBars-1] = 0.0;
     }
//----
   if(Close[CountBars-1] < Open[CountBars-1])  
     {
       value2[CountBars-1] = Close[CountBars-1] * (1 + dK);
       trend = -1; 
       value1[CountBars-1] = 0.0;
     }
//----
   i = CountBars - 1;
   while(i >= 0)
     {
       value1[i] = 0; 
       value2[i] = 0;
       if(trend >= 0)
         {
           if(Close[i] > price) 
               price = Close[i];
           value = price * (1 - dK);
           if(Close[i] < value)
             {
               price = Close[i];
               value = price * (1 + dK);
               trend = -1;
             }
         } 
       else
         { 
           if(trend <= 0)
             {
               if(Close[i] < price) 
                   price = Close[i];
               value = price * (1 + dK);
               if(Close[i] > value) 
                 {
                   price = Close[i];
                   value = price * (1 - dK);
                   trend = 1;
                 }
             }
         }
       if(trend == 1)  
         {
           value1[i] = value; 
           value2[i] = 0.0;
         }
       if(trend == -1)  
         {
           value2[i] = value; 
           value1[i] = 0.0;
         }
       i--;
     }
   return(0);
  }
//+------------------------------------------------------------------+