Indicators Used
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stoploss_factor
//+------------------------------------------------------------------+
//| stoploss_factor.mq5 |
//| Copyright 2022, mr_schmidt |
//| https://www.mql5.com |
//+------------------------------------------------------------------+
#property copyright "Copyright 2022, mr_schmidt."
#property link "https://www.mql5.com"
#property version "1.00"
#property indicator_chart_window
#property indicator_buffers 4 // How many data buffers are we using
#property indicator_plots 2 // How many indicators are being drawn on screen
#property indicator_type1 DRAW_LINE
#property indicator_label1 "Stop Loss Upper"
#property indicator_color1 clrRed
#property indicator_style1 STYLE_SOLID
#property indicator_width1 2
#property indicator_type2 DRAW_LINE
#property indicator_label2 "Stop Loss Lower"
#property indicator_color2 clrRed
#property indicator_style2 STYLE_SOLID
#property indicator_width2 2
//--- input parameters
input group "Indicator Settings"
input int InpATRPeriod = 14; // ATR period
input double InpATRPercent = 1.50; // ATR factor
input int InpMAPeriod = 1; // MA period (keep at 1 for standard price action)
input ENUM_MA_METHOD InpMAMethod = MODE_SMA; // MA method (keep at SMA for standard price action)
//-- indicator buffers
double BufferMA[];
double BufferATR[];
double BufferMAUpper[];
double BufferMALower[];
int MaxPeriod;
//--- indicator handles
int HandleMA;
int HandleATR;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int OnInit()
{
SetIndexBuffer(0, BufferMAUpper, INDICATOR_CALCULATIONS);
SetIndexBuffer(1, BufferMALower, INDICATOR_CALCULATIONS);
SetIndexBuffer(2, BufferMA, INDICATOR_DATA);
SetIndexBuffer(3, BufferATR, INDICATOR_DATA);
IndicatorSetInteger(INDICATOR_DIGITS, 2);
IndicatorSetInteger(INDICATOR_LEVELS, 2);
MaxPeriod = (int)MathMax(MathMax(InpATRPeriod, InpATRPercent), InpMAPeriod);
HandleATR = iATR(Symbol(), PERIOD_CURRENT, InpATRPeriod);
HandleMA = iMA(Symbol(), PERIOD_CURRENT, InpMAPeriod, 0, InpMAMethod, PRICE_OPEN);
PlotIndexSetInteger(0, PLOT_DRAW_BEGIN, MaxPeriod);
return(INIT_SUCCEEDED);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total,
const int prev_calculated,
const datetime &time[],
const double &open[],
const double &high[],
const double &low[],
const double &close[],
const long &tick_volume[],
const long &volume[],
const int &spread[])
{
//---
if(IsStopped()) return 0; // Stop flag
if(rates_total<MaxPeriod) return 0; // Check if enough bars are available to calculate
//--- Check if all indicator has been calculated
if(BarsCalculated(HandleATR) < rates_total)
return 0;
if(BarsCalculated(HandleMA) < rates_total)
return 0;
int copyBars = 0;
if(prev_calculated>rates_total || prev_calculated<=0) {
copyBars = rates_total;
}
else {
copyBars = rates_total-prev_calculated;
if(prev_calculated>0) copyBars++;
}
for(int i=1;i<rates_total;i++) {
BufferMAUpper[i]=NormalizeDouble((BufferMA[i] + BufferATR[i]*InpATRPercent), _Digits);
BufferMALower[i]=NormalizeDouble((BufferMA[i] - BufferATR[i]*InpATRPercent), _Digits);
}
if(IsStopped()) return 0;
if(CopyBuffer(HandleMA, 0, 0, copyBars, BufferMA) <= 0)
return 0;
if(CopyBuffer(HandleATR, 0, 0, copyBars, BufferATR) <= 0)
return 0;
return(rates_total);
}
//+------------------------------------------------------------------+
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