Indicators Used
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SuperTrend-2
//+------------------------------------------------------------------+
//| SuperTrend.mq4 v1.2 |
//| Copyright © 2008, Jason Robinson (jnrtrading). |
//| http://www.spreadtrade2win.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2008, Jason Robinson."
#property link "http://www.spreadtrade2win.com"
#property indicator_chart_window
#property indicator_color1 Lime
#property indicator_color2 Red
#property indicator_color3 Red
#property indicator_color4 Yellow
#property indicator_width1 2
#property indicator_width2 2
#property indicator_width3 4
#property indicator_width4 4
#property indicator_buffers 4
double TrendUp[], TrendDown[];
int changeOfTrend;
extern int Nbr_Periods = 10;
extern double Multiplier = 5.0;
extern bool Sound.Alert = true ;
extern bool arrows = true ;
double alertBar;
bool prev;
double Up[];
double Down[];
double last;
bool TurnedUp = false;
bool TurnedDown = false;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexBuffer(0, TrendUp);
SetIndexStyle(0, DRAW_LINE, STYLE_SOLID);
SetIndexLabel(0, "Trend Up");
SetIndexBuffer(1, TrendDown);
SetIndexStyle(1, DRAW_LINE, STYLE_SOLID);
SetIndexLabel(1, "Trend Down");
SetIndexStyle(2, DRAW_ARROW, STYLE_SOLID);
SetIndexArrow(2, 222);
SetIndexBuffer(2, Up);
SetIndexStyle(3, DRAW_ARROW, STYLE_SOLID);
SetIndexArrow(3, 221);
SetIndexBuffer(3, Down);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int limit, i, flag, flagh, trend[5000];
double up[5000], dn[5000], medianPrice, atr;
int counted_bars = IndicatorCounted();
//---- check for possible errors
if(counted_bars < 0) return(-1);
//---- last counted bar will be recounted
if(counted_bars > 0) counted_bars--;
limit=Bars-counted_bars;
//Print(limit);
//----
for (i = Bars; i >= 0; i--) {
TrendUp[i] = EMPTY_VALUE;
TrendDown[i] = EMPTY_VALUE;
atr = iATR(NULL, 0, Nbr_Periods, i);
//Print("atr: "+atr[i]);
medianPrice = (High[i]+Low[i])/2;
//Print("medianPrice: "+medianPrice[i]);
up[i]=medianPrice+(Multiplier*atr);
//Print("up: "+up[i]);
dn[i]=medianPrice-(Multiplier*atr);
//Print("dn: "+dn[i]);
trend[i]=1;
if (Close[i]>up[i+1]) {
trend[i]=1;
if (trend[i+1] == -1) changeOfTrend = 1;
//Print("trend: "+trend[i]);
}
else if (Close[i]<dn[i+1]) {
trend[i]=-1;
if (trend[i+1] == 1) changeOfTrend = 1;
//Print("trend: "+trend[i]);
}
else if (trend[i+1]==1) {
trend[i]=1;
changeOfTrend = 0;
}
else if (trend[i+1]==-1) {
trend[i]=-1;
changeOfTrend = 0;
}
if (trend[i]<0 && trend[i+1]>0) {
flag=1;
//Print("flag: "+flag);
}
else {
flag=0;
//Print("flagh: "+flag);
}
if (trend[i]>0 && trend[i+1]<0) {
flagh=1;
//Print("flagh: "+flagh);
}
else {
flagh=0;
//Print("flagh: "+flagh);
}
if (trend[i]>0 && dn[i]<dn[i+1])
dn[i]=dn[i+1];
if (trend[i]<0 && up[i]>up[i+1])
up[i]=up[i+1];
if (flag==1)
up[i]=medianPrice+(Multiplier*atr);
if (flagh==1)
dn[i]=medianPrice-(Multiplier*atr);
//-- Draw the indicator
if (trend[i]==1) {
TrendUp[i]=dn[i];
if (changeOfTrend == 1) {
TrendUp[i+1] = TrendDown[i+1];
if(arrows == true && Up[i] != 0) Down[i] = TrendUp[i+1];
if(Sound.Alert == true && i == 0 && Down[i]!=0 && Down[i] != EMPTY_VALUE && Bars>alertBar) {Alert("SuperTrend Alert Up " + Symbol() + " on the " + Period() + " minute chart ");alertBar = Bars;}
changeOfTrend = 0;
}
}
else if (trend[i]==-1) {
TrendDown[i]=up[i];
if (changeOfTrend == 1) {
TrendDown[i+1] = TrendUp[i+1];
if(arrows == true && Up[i] != 0) Up[i] = TrendDown[i+1];
if(Sound.Alert == true && i == 0 && Up[i]!=0 && Up[i] != EMPTY_VALUE && Bars>alertBar) {Alert("SuperTrend Alert Down " + Symbol() + " on the " + Period() + " minute chart ");alertBar = Bars;}
changeOfTrend = 0;
}
}
}
WindowRedraw();
//----
return(0);
}
//+------------------------------------------------------------------+
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