Author: Copyright © 2005, emsjoflo
Indicators Used
Indicator of the average true range
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PIPQind
ÿþ//+------------------------------------------------------------------+

//|                                                      PIPQind.mq5 |

//|                                       Copyright © 2005, emsjoflo | 

//|                                  automaticforec.invisionzone.com | 

//+------------------------------------------------------------------+ 

#property copyright "Copyright © 2005, emsjoflo" 

#property link      "automaticforec.invisionzone.com" 

//---- =><5@ 25@A88 8=48:0B>@0

#property version   "1.00"

//---- >B@8A>2:0 8=48:0B>@0 2 >A=>2=>< >:=5

#property indicator_chart_window

//---- :>;8G5AB2> 8=48:0B>@=KE 1CD5@>2 6

#property indicator_buffers 6 

//---- 8A?>;L7>20=> 2A53> G5BK@5 3@0D8G5A:8E ?>AB@>5=8O

#property indicator_plots   4

//+----------------------------------------------+

//|  0@0<5B@K >B@8A>2:8 8=48:0B>@0              |

//+----------------------------------------------+

//---- >B@8A>2:0 8=48:0B>@0 2 2845 7=0G:0

#property indicator_type1 DRAW_ARROW

//---- 2 :0G5AB25 >:@0A:8 8=48:0B>@0 8A?>;L7>20=

#property indicator_color1 clrLime

//---- ;8=8O 8=48:0B>@0 - A?;>H=0O

#property indicator_style1 STYLE_SOLID

//---- B>;I8=0 ;8=88 8=48:0B>@0 @02=0 2

#property indicator_width1 2

//---- >B>1@065=85 <5B:8 A83=0;L=>9 ;8=88

#property indicator_label1  "Buy PIPQind signal"

//+----------------------------------------------+

//|  0@0<5B@K >B@8A>2:8 8=48:0B>@0              |

//+----------------------------------------------+

//---- >B@8A>2:0 8=48:0B>@0 2 2845 7=0G:0

#property indicator_type2 DRAW_ARROW

//---- 2 :0G5AB25 >:@0A:8 8=48:0B>@0 8A?>;L7>20=

#property indicator_color2 clrRed

//---- ;8=8O 8=48:0B>@0 - A?;>H=0O

#property indicator_style2 STYLE_SOLID

//---- B>;I8=0 ;8=88 8=48:0B>@0 @02=0 2

#property indicator_width2 2

//---- >B>1@065=85 <5B:8 A83=0;L=>9 ;8=88

#property indicator_label2  "Sell PIPQind signal"

//+----------------------------------------------+

//|  0@0<5B@K >B@8A>2:8 8=48:0B>@0 38AB>3@0<<K  |

//+----------------------------------------------+

//---- >B@8A>2:0 8=48:0B>@0 3 2 2845 38AB>3@0<<K

#property indicator_type3   DRAW_COLOR_HISTOGRAM2

//---- 2 :0G5AB25 F25B>2 ;8=88 8=48:0B>@0 8A?>;L7>20=K

#property indicator_color3  clrDodgerBlue,clrTomato

//---- ;8=8O 8=48:0B>@0 3 - =5?@5@K2=0O :@820O

#property indicator_style3  STYLE_SOLID

//---- B>;I8=0 ;8=88 8=48:0B>@0 3 @02=0 2

#property indicator_width3  2

//---- >B>1@065=85 1KGL59 <5B:8 8=48:0B>@0

#property indicator_label3  "PIPQind Histogram"

//+----------------------------------------------+

//|  0@0<5B@K >B@8A>2:8 8=48:0B>@0 ;8=88        |

//+----------------------------------------------+

//---- >B@8A>2:0 8=48:0B>@0 4 2 2845 ;8=88

#property indicator_type4   DRAW_LINE

//---- 2 :0G5AB25 F25B0 ;8=88 8=48:0B>@0 8A?>;L7>20= F25B Indigo

#property indicator_color4  clrIndigo

//---- ;8=8O 8=48:0B>@0 2 - =5?@5@K2=0O :@820O

#property indicator_style4  STYLE_SOLID

//---- B>;I8=0 ;8=88 8=48:0B>@0 2 @02=0 2

#property indicator_width4  2

//---- >B>1@065=85 <54256L59 <5B:8 8=48:0B>@0

#property indicator_label4  "PIPQind Line"

//+----------------------------------------------+

//|  >1JO2;5=85 :>=AB0=B                         |

//+----------------------------------------------+

#define RESET  0 // >=AB0=B0 4;O 2>72@0B0 B5@<8=0;C :><0=4K =0 ?5@5AGQB 8=48:0B>@0

//+----------------------------------------------+

//| E>4=K5 ?0@0<5B@K 8=48:0B>@0                 |

//+----------------------------------------------+

input double nPips=65;

input bool SendAlert=false;

input bool SendEmail=false;

input int AlertMinutesB4close=5;

input int AlertEveryNMinutes =10;

input double ATRmultiplier=0.45;

input int Shift=0;      // !4283 8=48:0B>@0 ?> 3>@87>=B0;8 2 10@0E 

//+----------------------------------------------+

//---- >1JO2;5=85 48=0<8G5A:8E <0AA82>2, :>B>@K5 1C4CB 2 

//---- 40;L=59H5< 8A?>;L7>20=K 2 :0G5AB25 8=48:0B>@=KE 1CD5@>2

double UpArrow[];

double DownArrow[];

double BlueBar[],RedBar[],ColorBar[];

double TrStopDots[];

//---- >1JO2;5=85 F5;>G8A;5==KE ?5@5<5==KE =0G0;0 >BAG5B0 40==KE

int min_rates_total,ATR_Handle;

//+------------------------------------------------------------------+

//| Custom indicator initialization function                         |

//+------------------------------------------------------------------+  

int OnInit()

  {

//---- 8=8F80;870F8O ?5@5<5==KE =0G0;0 >BAG5B0 40==KE

   int ATR_Period=14;

   min_rates_total=int(ATR_Period)+3;



//--- ?>;CG5=85 E5=4;0 8=48:0B>@0 ATR

   ATR_Handle=iATR(NULL,0,ATR_Period);

   if(ATR_Handle==INVALID_HANDLE)

     {

      Print(" 5 C40;>AL ?>;CG8BL E5=4; 8=48:0B>@0 ATR");

      return(INIT_FAILED);

     }



//---- 8=8F80;870F88 ?5@5<5==>9 4;O :>@>B:>3> 8<5=8 8=48:0B>@0

   string shortname;

   StringConcatenate(shortname,"PIPQind(",string(nPips),", ",string(Shift),")");

//---- A>740=85 8<5=8 4;O >B>1@065=8O 2 >B45;L=>< ?>4>:=5 8 2> 2A?;K20NI59 ?>4A:07:5

   IndicatorSetString(INDICATOR_SHORTNAME,shortname);

//---- >?@545;5=85 B>G=>AB8 >B>1@065=8O 7=0G5=89 8=48:0B>@0

   IndicatorSetInteger(INDICATOR_DIGITS,_Digits);



//---- ?@52@0I5=85 48=0<8G5A:>3> <0AA820 2 8=48:0B>@=K9 1CD5@

   SetIndexBuffer(0,UpArrow,INDICATOR_DATA);

//---- >ACI5AB2;5=85 A42830 8=48:0B>@0 ?> 3>@87>=B0;8 =0 Shift

   PlotIndexSetInteger(0,PLOT_SHIFT,Shift);

//---- >ACI5AB2;5=85 A42830 =0G0;0 >BAG5B0 >B@8A>2:8 8=48:0B>@0

   PlotIndexSetInteger(0,PLOT_DRAW_BEGIN,min_rates_total);

//---- 70?@5B =0 >B@8A>2:C 8=48:0B>@>< ?CABKE 7=0G5=89

   PlotIndexSetDouble(0,PLOT_EMPTY_VALUE,0.0);

//--- A8<2>; 4;O 8=48:0B>@0

   PlotIndexSetInteger(0,PLOT_ARROW,234);

//---- 8=45:A0F8O M;5<5=B>2 2 1CD5@0E, :0: 2 B09<A5@8OE   

   ArraySetAsSeries(UpArrow,true);



//---- ?@52@0I5=85 48=0<8G5A:>3> <0AA820 2 8=48:0B>@=K9 1CD5@

   SetIndexBuffer(1,DownArrow,INDICATOR_DATA);

//---- >ACI5AB2;5=85 A42830 8=48:0B>@0 ?> 3>@87>=B0;8 =0 Shift

   PlotIndexSetInteger(1,PLOT_SHIFT,Shift);

//---- >ACI5AB2;5=85 A42830 =0G0;0 >BAG5B0 >B@8A>2:8 8=48:0B>@0

   PlotIndexSetInteger(1,PLOT_DRAW_BEGIN,min_rates_total);

//---- 70?@5B =0 >B@8A>2:C 8=48:0B>@>< ?CABKE 7=0G5=89

   PlotIndexSetDouble(1,PLOT_EMPTY_VALUE,0.0);

//--- A8<2>; 4;O 8=48:0B>@0

   PlotIndexSetInteger(1,PLOT_ARROW,233);

//---- 8=45:A0F8O M;5<5=B>2 2 1CD5@0E, :0: 2 B09<A5@8OE   

   ArraySetAsSeries(DownArrow,true);



//---- ?@52@0I5=85 48=0<8G5A:>3> <0AA820 2 8=48:0B>@=K9 1CD5@

   SetIndexBuffer(2,BlueBar,INDICATOR_DATA);

//---- 8=45:A0F8O M;5<5=B>2 2 1CD5@0E, :0: 2 B09<A5@8OE   

   ArraySetAsSeries(BlueBar,true);



//---- ?@52@0I5=85 48=0<8G5A:>3> <0AA820 2 8=48:0B>@=K9 1CD5@

   SetIndexBuffer(3,RedBar,INDICATOR_DATA);

//---- 8=45:A0F8O M;5<5=B>2 2 1CD5@0E, :0: 2 B09<A5@8OE   

   ArraySetAsSeries(RedBar,true);



//---- ?@52@0I5=85 48=0<8G5A:>3> <0AA820 2 F25B>2>9 1CD5@

   SetIndexBuffer(4,ColorBar,INDICATOR_COLOR_INDEX);

//---- 8=45:A0F8O M;5<5=B>2 2 1CD5@0E, :0: 2 B09<A5@8OE   

   ArraySetAsSeries(ColorBar,true);



//---- >ACI5AB2;5=85 A42830 8=48:0B>@0 ?> 3>@87>=B0;8 =0 Shift

   PlotIndexSetInteger(2,PLOT_SHIFT,Shift);

//---- >ACI5AB2;5=85 A42830 =0G0;0 >BAG5B0 >B@8A>2:8 8=48:0B>@0

   PlotIndexSetInteger(2,PLOT_DRAW_BEGIN,min_rates_total);

//---- CAB0=>2:0 7=0G5=89 8=48:0B>@0, :>B>@K5 =5 1C4CB 2848<K =0 3@0D8:5

   PlotIndexSetDouble(2,PLOT_EMPTY_VALUE,0.0);



//---- ?@52@0I5=85 48=0<8G5A:>3> <0AA820 2 8=48:0B>@=K9 1CD5@

   SetIndexBuffer(5,TrStopDots,INDICATOR_DATA);

//---- 8=45:A0F8O M;5<5=B>2 2 1CD5@0E, :0: 2 B09<A5@8OE   

   ArraySetAsSeries(TrStopDots,true);



//---- >ACI5AB2;5=85 A42830 8=48:0B>@0 ?> 3>@87>=B0;8 =0 Shift

   PlotIndexSetInteger(3,PLOT_SHIFT,Shift);

//---- >ACI5AB2;5=85 A42830 =0G0;0 >BAG5B0 >B@8A>2:8 8=48:0B>@0

   PlotIndexSetInteger(3,PLOT_DRAW_BEGIN,min_rates_total);

//---- CAB0=>2:0 7=0G5=89 8=48:0B>@0, :>B>@K5 =5 1C4CB 2848<K =0 3@0D8:5

   PlotIndexSetDouble(3,PLOT_EMPTY_VALUE,0.0);

//---   

   return(INIT_SUCCEEDED);

  }

//+------------------------------------------------------------------+

//| Custom indicator deinitialization function                       |

//+------------------------------------------------------------------+    

void OnDeinit(const int reason)

  {

//----

   ObjectsDeleteAll(0,"PIPQind_",-1,-1);

   Comment("");

//----

   ChartRedraw(NULL);

  }

//+------------------------------------------------------------------+

//| Custom indicator iteration function                              |

//+------------------------------------------------------------------+

int OnCalculate(const int rates_total,    // :>;8G5AB2> 8AB>@88 2 10@0E =0 B5:CI5< B8:5

                const int prev_calculated,// :>;8G5AB2> 8AB>@88 2 10@0E =0 ?@54K4CI5< B8:5

                const datetime &time[],

                const double &open[],

                const double& high[],     // F5=>2>9 <0AA82 <0:A8<C<>2 F5=K 4;O @0AG5B0 8=48:0B>@0

                const double& low[],      // F5=>2>9 <0AA82 <8=8<C<>2 F5=K 4;O @0AG5B0 8=48:0B>@0

                const double &close[],

                const long &tick_volume[],

                const long &volume[],

                const int &spread[])

  {

//--- ?@>25@:0 :>;8G5AB20 10@>2 =0 4>AB0B>G=>ABL 4;O @0AG5B0

   if(BarsCalculated(ATR_Handle)<rates_total

      || rates_total<min_rates_total)

      return(RESET);



//--- >1JO2;5=8O ;>:0;L=KE ?5@5<5==KE 

   int to_copy,limit,bar,i;

   double ATR[];

   datetime alertsent=NULL;

   string MinutesB4Barcloses;

   double cnt=0;

   double stop,atr,atrstop;

   double TrStopLevel=0;

   string name;

   static double PREV;



//---- 8=45:A0F8O M;5<5=B>2 2 <0AA820E, :0: 2 B09<A5@8OE  

   ArraySetAsSeries(low,true);

   ArraySetAsSeries(high,true);

   ArraySetAsSeries(close,true);

   ArraySetAsSeries(time,true);

   ArraySetAsSeries(spread,true);

   ArraySetAsSeries(ATR,true);



//---- @0AG5B AB0@B>2>3> =><5@0 first 4;O F8:;0 ?5@5AG5B0 10@>2

   if(prev_calculated>rates_total || prev_calculated<=0) // ?@>25@:0 =0 ?5@2K9 AB0@B @0AG5B0 8=48:0B>@0

     {

      limit=rates_total-min_rates_total-1;               // AB0@B>2K9 =><5@ 4;O @0AG5B0 2A5E 10@>2

      PREV=close[limit];

     }

   else

     {

      limit=rates_total-prev_calculated;                 // AB0@B>2K9 =><5@ 4;O @0AG5B0 =>2KE 10@>2

     }

   to_copy=limit+1;

   

//--- :>?8@C5< 2=>2L ?>O282H85AO 40==K5 2 <0AA82 ATR[]

   if(CopyBuffer(ATR_Handle,0,0,to_copy,ATR)<=0) return(RESET);



//---- >A=>2=>9 F8:; @0AG5B0 8=48:0B>@0

   for(bar=limit; bar>=0 && !IsStopped(); bar--)

     {

      UpArrow[bar]=NULL;

      DownArrow[bar]=NULL;

      BlueBar[bar]=NULL;

      RedBar[bar]=NULL;



      if(close[bar]==PREV)

        {

         TrStopLevel=PREV;

        }

      else

        {

         if(close[bar+1]<=PREV && close[bar]<PREV)

           {

            TrStopLevel=MathMin(PREV,close[bar]+nPips*_Point);

           }

         else

           {

            if(close[bar+1]>=PREV && close[bar]>PREV)

              {

               TrStopLevel=MathMax(PREV,close[bar]-nPips*_Point);

              }

            else

              {

               if(close[bar]>PREV)

                 {

                  TrStopLevel=close[bar]-nPips*_Point;

                 }

               else TrStopLevel=close[bar]+nPips*_Point;

              }

           }

        }

      TrStopDots[bar]=TrStopLevel;

      if(UpArrow[bar] && UpArrow[bar]!=TrStopDots[bar]) UpArrow[bar]=NULL;

      if(DownArrow[bar]!=TrStopDots[bar]) DownArrow[bar]=NULL;

      if(close[bar]>TrStopLevel && (close[bar+1]<PREV || (close[bar+1]<=TrStopDots[bar+1] && close[bar+2]<TrStopDots[bar+2])) && PREV)

        {

         atr=ATR[bar];

         stop=low[ArrayMinimum(low,bar,3)];

         atrstop=NormalizeDouble(TrStopLevel-atr*ATRmultiplier,_Digits);

         if(atrstop>stop) stop=atrstop;



         name="PIPQind_"+TimeToString(time[bar],TIME_MINUTES);

         SetTline(0,name,0,time[bar+2],stop,time[bar],stop,clrDodgerBlue,0,2,DoubleToString(stop,_Digits));

         Comment(stop);

         double Bid=close[bar];

         double Ask=Bid+_Point*spread[bar];

         if((Bid>TrStopDots[0]) && (close[1]<=TrStopDots[1]) && ((TimeCurrent()-time[0])>=(time[0]-time[1]-AlertMinutesB4close*60)) && (TimeCurrent()-alertsent>AlertEveryNMinutes*60))

           {

            MinutesB4Barcloses=TimeToString((time[0]-time[1])-(TimeCurrent()-time[0]),TIME_MINUTES);

            if(SendAlert) Alert("Look for Buying opportunity soon");

            if(SendEmail) SendMail("Possible Buy setup on "+Symbol(),"PIPQind anticpates a Buy signal on "+Symbol()+" in "+MinutesB4Barcloses+" minutes"+" at "+TimeToString(TimeCurrent())+" Bid: "+

               DoubleToString(Bid,_Digits)+" Ask: "+DoubleToString(Ask,_Digits)+" close[0]:"+DoubleToString(close[0],_Digits)+"close[1]: "+DoubleToString(close[1],_Digits)+" TrStopDots[1]: "+

               DoubleToString(TrStopDots[1],_Digits)+" PREV: "+DoubleToString(PREV,_Digits)+" TrStopLevel: "+DoubleToString(TrStopLevel,_Digits)+" TrStopDots[0]: "+DoubleToString(TrStopDots[0],_Digits));

            alertsent=TimeCurrent();

           }

         RedBar[bar]=low[bar];

         BlueBar[bar]=high[bar];

         ColorBar[bar]=0;

         UpArrow[bar]=TrStopLevel;

        }

      if(close[bar]<TrStopLevel && (close[bar+1]>PREV || (close[bar+1]>=TrStopDots[bar+1] && close[bar+2]>=TrStopDots[bar+2])) && PREV)

        {

         atr=ATR[bar];

         stop=high[ArrayMaximum(high,bar,3)];

         atrstop=NormalizeDouble(TrStopLevel+atr*ATRmultiplier,_Digits);

         if(atrstop<stop) stop=atrstop;



         name="PIPQind_"+TimeToString(time[bar],TIME_MINUTES);

         SetTline(0,name,0,time[bar+2],stop,time[bar],stop,clrRed,0,2,DoubleToString(stop,_Digits));

         Comment(stop);



         double Bid=close[bar];

         double Ask=Bid+_Point*spread[bar];



         if((Ask<TrStopDots[0]) && (close[1]>=TrStopDots[1]) && ((TimeCurrent()-time[0])>=(time[0]-time[1]-AlertMinutesB4close*60)) && (TimeCurrent()-alertsent>AlertEveryNMinutes*60))

           {

            MinutesB4Barcloses=TimeToString((time[0]-time[1])-(TimeCurrent()-time[0]),TIME_MINUTES);

            if(SendAlert)Alert("Look for Selling opportunity soon");

            if(SendEmail) SendMail("Possible Sell setup on "+Symbol(),"PIPQind anticipates a sell signal on "+Symbol()+" in "+MinutesB4Barcloses+" minutes "+" at "+TimeToString(TimeCurrent())+" Bid: "+

               DoubleToString(Bid,_Digits)+" Ask: "+DoubleToString(Ask,_Digits)+" close[0]:"+DoubleToString(close[0],_Digits)+"close[1]: "+DoubleToString(close[1],_Digits)+" TrStopDots[1]: "+

               DoubleToString(TrStopDots[1],_Digits)+" PREV: "+DoubleToString(PREV,_Digits)+" TrStopLevel: "+DoubleToString(TrStopLevel,_Digits)+" TrStopDots[0]: "+DoubleToString(TrStopDots[0],_Digits));

            alertsent=TimeCurrent();

           }

         BlueBar[bar]=high[bar];

         RedBar[bar]=low[bar];

         ColorBar[bar]=1;

         DownArrow[bar]=TrStopLevel;

        }

      if(bar) PREV=TrStopLevel;

     }

   i=1;

   if(UpArrow[i]>0 && UpArrow[i]<TrStopDots[i]) UpArrow[i]=NULL;

   if(DownArrow[i]>TrStopDots[i]) DownArrow[i]=NULL;

//----     

   ChartRedraw(NULL);

   return(rates_total);

  }

//+------------------------------------------------------------------+

//|  !>740=85 B@5=4>2>9 ;8=88                                        |

//+------------------------------------------------------------------+

void CreateTline

(

 long     chart_id,      // 845=B8D8:0B>@ 3@0D8:0

 string   name,          // 8<O >1J5:B0

 int      nwin,          // 8=45:A >:=0

 datetime time1,         // 2@5<O 1 F5=>2>3> C@>2=O

 double   price1,        // 1 F5=>2>9 C@>25=L

 datetime time2,         // 2@5<O 2 F5=>2>3> C@>2=O

 double   price2,        // 2 F5=>2>9 C@>25=L

 color    Color,         // F25B ;8=88

 int      style,         // AB8;L ;8=88

 int      width,         // B>;I8=0 ;8=88

 string   text           // B5:AB

 )

//---- 

  {

//----

   ObjectCreate(chart_id,name,OBJ_TREND,nwin,time1,price1,time2,price2);

   ObjectSetInteger(chart_id,name,OBJPROP_COLOR,Color);

   ObjectSetInteger(chart_id,name,OBJPROP_STYLE,style);

   ObjectSetInteger(chart_id,name,OBJPROP_WIDTH,width);

   ObjectSetString(chart_id,name,OBJPROP_TEXT,text);

   ObjectSetInteger(chart_id,name,OBJPROP_BACK,false);

   ObjectSetInteger(chart_id,name,OBJPROP_RAY_RIGHT,false);

   ObjectSetInteger(chart_id,name,OBJPROP_RAY,false);

   ObjectSetInteger(chart_id,name,OBJPROP_SELECTED,true);

   ObjectSetInteger(chart_id,name,OBJPROP_SELECTABLE,true);

   ObjectSetInteger(chart_id,name,OBJPROP_ZORDER,true);

//----

  }

//+------------------------------------------------------------------+

//|  5@5CAB0=>2:0 B@5=4>2>9 ;8=88                                   |

//+------------------------------------------------------------------+

void SetTline

(

 long     chart_id,      // 845=B8D8:0B>@ 3@0D8:0

 string   name,          // 8<O >1J5:B0

 int      nwin,          // 8=45:A >:=0

 datetime time1,         // 2@5<O 1 F5=>2>3> C@>2=O

 double   price1,        // 1 F5=>2>9 C@>25=L

 datetime time2,         // 2@5<O 2 F5=>2>3> C@>2=O

 double   price2,        // 2 F5=>2>9 C@>25=L

 color    Color,         // F25B ;8=88

 int      style,         // AB8;L ;8=88

 int      width,         // B>;I8=0 ;8=88

 string   text           // B5:AB

 )

//---- 

  {

//----

   if(ObjectFind(chart_id,name)==-1) CreateTline(chart_id,name,nwin,time1,price1,time2,price2,Color,style,width,text);

   else

     {

      ObjectSetString(chart_id,name,OBJPROP_TEXT,text);

      ObjectMove(chart_id,name,0,time1,price1);

      ObjectMove(chart_id,name,1,time2,price2);

      ObjectSetInteger(chart_id,name,OBJPROP_COLOR,Color);

     }

//----

  }

//+------------------------------------------------------------------+

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