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NRTR1
//+------------------------------------------------------------------+
//| NRTR.mq4 |
//| Nick Bilak |
//+------------------------------------------------------------------+
#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[];
int trend=1;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicator line
IndicatorBuffers(2);
SetIndexStyle(0,DRAW_ARROW);
SetIndexArrow(0,159);
SetIndexStyle(1,DRAW_ARROW);
SetIndexArrow(1,159);
SetIndexBuffer(0,value1);
SetIndexBuffer(1,value2);
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| NRTR |
//+------------------------------------------------------------------+
int start()
{
if (CountBars>Bars) CountBars=Bars;
SetIndexDrawBegin(0,Bars-CountBars+1);
SetIndexDrawBegin(1,Bars-CountBars+1);
int i,j,counted_bars=IndicatorCounted();
double value;
double dK,ap,AvgRange,price;
ap=AveragePeriod;
//----
if(Bars<=AveragePeriod) return(0);
i=CountBars-1;
while(i>=0) {
value1[i]=0; value2[i]=0;
AvgRange=0;
for (j=i ; j<i+AveragePeriod; j++)
AvgRange += MathAbs((Ask-Bid)+High[j]-Low[j]);
dK = AvgRange/ap;
if (Close[i]>10) dK=dK/100.0;
if (trend >= 0) {
if (Close[i] > price) {
price = Close[i];
value = price - dK;
trend=1;
}
if (Close[i] < value) {
price = Close[i];
value = price + dK;
trend = -1;
}
}
else if (trend <= 0) {
if (Close[i] < price) {
price = Close[i];
value = price + dK;
trend=-1;
}
if (Close[i] > value) {
price = Close[i];
value = price - 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);
}
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