PerkyAsctrend1

Author: Copyright � 2005, MetaQuotes Software Corp.
PerkyAsctrend1
Indicators Used
Larry William percent range indicator
Miscellaneous
Implements a curve of type %1It issuies visual alerts to the screen
0 Views
0 Downloads
0 Favorites
PerkyAsctrend1
//+------------------------------------------------------------------+
//|                                               PerkyAsctrend1.mq4 |
//|                      Copyright © 2005, MetaQuotes Software Corp. |
//|                                        http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, MetaQuotes Software Corp."
#property link      "http://www.metaquotes.net"
//----
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Aqua
#property indicator_color2 Magenta
//----
extern int RISK = 4;
extern int AllBars = 250;
//----
double val1buffer[];
double val2buffer[];
int up = 0, dn = 0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   SetIndexStyle(0, DRAW_ARROW, EMPTY);
   SetIndexArrow(0, 108);
   SetIndexBuffer(0, val1buffer);
//----
   SetIndexStyle(1, DRAW_ARROW, EMPTY);
   SetIndexArrow(1, 108);
   SetIndexBuffer(1, val2buffer);
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {   
   double value2;
   double value3;
   double value10 = 10;
   double value11;
   double x1 = 70;
   double x2 = 30;
   int TrueCount;
   int counter;
   int MRO1;
   int MRO2;
   int i1;
   double Range;
   double AvgRange;
   double val1;
   double val2;
   double Table_value2[500][2];
   int counted_bars = IndicatorCounted();
   value10 = 3 + RISK*2;
   x1 = 67 + RISK;
   x2 = 33 - RISK;
   value11 = value10;
//----
   if(counted_bars < 0) 
       return (-1);
//----
   if(counted_bars > 0) 
       counted_bars--;  //last bar recounted
   int i;
   int shift = Bars - counted_bars - 1;
   if(shift > AllBars) 
       shift = AllBars;     
   for(i = shift; i > 0; i--)
     {          
       counter = i;
       Range = 0;
       AvgRange = 0;
       //----
       for(counter = i; counter <= i + 9; counter++)
           AvgRange = AvgRange + MathAbs(High[counter] - Low[counter]);
       Range = AvgRange / 10;
       counter = i;
       TrueCount = 0;
       //----
       while(counter < i + 9 && TrueCount < 1)
         {
           if(MathAbs(Open[counter] - Close[counter+1]) >= Range*2.0)
               TrueCount++;
           counter++;
         }
       //----
       if(TrueCount >= 1) 
           MRO1 = counter ; 
       else 
           MRO1 = -1;  
       counter = i;
       TrueCount = 0;
       //----
       while(counter < i + 6 && TrueCount < 1)
         {
           if(MathAbs(Close[counter+3] - Close[counter]) >= Range*4.6)
             {
               TrueCount++;
             }
           counter++;
         }
       //----
       if(TrueCount >= 1) 
           MRO2 = counter; 
       else 
           MRO2 = -1;    
       //----
       if(MRO1 > -1) 
           value11 = 3; 
       else 
           value11 = value10;        
       //----
       if(MRO2 > -1) 
           value11 = 4; 
       else 
           value11 = value10;   
       value2 = 100 - MathAbs(iWPR(NULL, 0, value11, i));
       Table_value2[i][0] = i;
       Table_value2[i][1] = value2;
       val1 = 0;
       val2 = 0;
       value3 = 0;
       //----
       if(value2 < x2 )  // x2 = 30
         {
           i1 = 1;
           //----
           while(Table_value2[i+i1][1] >= x2 && Table_value2[i+i1][1] <= x1)
               i1++;
           //----
           if(Table_value2[i+i1][1] > x1)
             {
               value3 = High[i] + Range*0.5;
               val1 = value3;
             }
         }
       //----
       if(value2>x1)  // x1 = 70 
         {  
           i1 = 1;
           //----
           while(Table_value2[i+i1][1] >= x2 && Table_value2[i+i1][1] <= x1)
             {
               i1++;
             }
           //----
           if(Table_value2[i+i1][1] < x2)
             {
               value3 = Low[i]-Range*0.5;
               val2 = value3;
             } 
         }
       //----
       if(val2 != 0 && up == 0)
         {     
           val1buffer[i] = val2 - 1*Point;
           up = 1;
           dn = 0;
           //----
           if(shift <= 2)
               Alert(Symbol(), " ", Period(), "M  Asctrend BUY ");
         }  
       //----
       if(val1 !=0 && dn == 0)
         {
           val2buffer[i] = val1 + 1*Point;
           dn = 1;
           up = 0;
           //----
           if(shift <= 2)
               Alert(Symbol(), " ", Period(), "M   Asctrend SELL ");
         }
     }
   return(0);
  }
//+------------------------------------------------------------------+

Comments

Markdown supported. Formatting help

Markdown Formatting Guide

Element Markdown Syntax
Heading # H1
## H2
### H3
Bold **bold text**
Italic *italicized text*
Link [title](https://www.example.com)
Image ![alt text](image.jpg)
Code `code`
Code Block ```
code block
```
Quote > blockquote
Unordered List - Item 1
- Item 2
Ordered List 1. First item
2. Second item
Horizontal Rule ---