TDTLModifiedBR
Download scriptThis script is designed as a technical analysis tool for trading platforms to identify specific price patterns known as TD Points. It focuses on mapping out market trends, identifying structural peaks and troughs, and projecting potential future price targets based on these patterns.
Core Logic and Functionality
1. Identification of Trend Points The primary logic of the script involves scanning historical price data to locate "TD Points." These are specific high and low points in the market's movement:
- Upper Points (Highs): The script identifies significant peaks by checking if the current candle's high is greater than the highs of the candles immediately preceding it and following it. It is capable of recognizing single, double, triple, and quadruple tops to ensure accuracy in volatile markets.
- Lower Points (Lows): Conversely, it scans for significant troughs where the price has bottomed out relative to surrounding bars.
2. Trend Line Construction Once these high and low points are identified, the script automatically draws trend lines:
- Upper Trend Lines: Connecting consecutive high TD points to visualize the "ceiling" of a price movement.
- Lower Trend Lines: Connecting consecutive low TD points to visualize the "floor" of a price movement. These lines help traders see the underlying structure of the market and determine whether the current trend is bullish (upward) or bearish (downward).
3. Price Projections and Targets Beyond just drawing lines, the script performs mathematical calculations to project where the price might go next:
- Breakout Targets: When the price moves toward a trend line, the script calculates potential "Take Profit" zones. It determines these targets by measuring the distance between previous structural points and projecting that movement forward.
- Dynamic Calculation: If a trend line has already been broken, the script adjusts its logic to identify new probable targets based on the most recent price action and historical lows/highs.
4. Alerts and Visual Feedback To make the tool interactive for the user, it includes several notification features:
- Real-time Alerts: The script monitors the current price. If the market price closes above an upper trend line or below a lower trend line, it triggers a system alert to notify the trader of a potential trend shift.
- Visual Markers: It places specific symbols (arrows or dots) on the chart at the exact coordinates where TD Points are detected, allowing for quick visual confirmation of the data.
- On-Screen Comments: The script can provide a text summary on the chart, listing current price levels, identified TD points, and projected targets in a readable format.
Summary of User Options
The script allows users to customize their experience by toggling several features:
- Visual Style: Users can change the colors, thickness, and styles (solid, dashed, or dotted) of the trend lines and projection targets.
- Data Selection: It offers a choice between using standard TD Points or "Fractal" points (a different type of geometric price peak/trough).
- Projection Controls: Users can turn off the target projections if they only wish to see the primary trend lines.
//+------------------------------------------------------------------+
//| Ind-TD-DeMark-3-1.mq4 |
//| Copyright © 2005,Kara Software Corp. |
//| |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, Kara Software Corp."
#property link ""
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 White /*Original #property indicator_color1 Red. Color of Upper TD Points*/
#property indicator_color2 White /*Original #property indicator_color2 Blue. Color of Lower TD Points*/
//---- input parameters
/* Mod 02: only one step, no back steps, only one target, no fractal trendlines,
no large arrow option for TD points, and added user changable colours and styles*/
/* Mod 03: Alerts Added. Horizontal Lines indicating where projections start from and
where alerts should be determined from re-enabled with Default of False.*/
/* Mod 03B: Bug where TD Points and TD Lines drawn in wrong place for
double, triple and quadruple tops or bottoms is fixed*/
extern bool AlertsOn = false; // Line added. Default is true.
extern bool Comments=False;/*Optional Comments. Default is false. Orginal variable called "Commen"*/
extern bool TrendLine=True;/*Default is true to draw current TD Lines*/
extern int TrendLineStyle=STYLE_SOLID;/*STYLE>_SOLID=0,DASH=1,_DOT=2,_DASHDOT=3,_DASHDDOTDOT=4. Line of code added from original.*/
extern int TrendLineWidth=1;/*Thinnest or allow dots and dashes = 0 or 1, Thinner=2, Medium=3,Thicker=4,Thickest=5. Line of code added from original.*/
extern color UpperTrendLineColour=Red;/*Line of code added from original.*/
extern color LowerTrendLineColour=Blue;/*Line of code added from original.*/
extern bool ProjectionLines=True;/*Default is True. These are the TD Price Projections. Original variable called "Take Prof"*/
extern int ProjectionLinesStyle=STYLE_DASH;/*STYLE>_SOLID=0,DASH=1,_DOT=2,_DASHDOT=3,_DASHDDOTDOT=4. Line of code added from original.*/
extern int ProjectionLinesWidth=1;/*Thinnest or allow dots and dashes = 0 or 1, Thinner=2, Medium=3,Thicker=4,Thickest=5. Line of code added from original.*/
extern color UpperProjectionLineColour=Yellow;/*Line of code added from original.*/
extern color LowerProjectionLineColour=Yellow;/*Line of code added from original.*/
extern bool HorizontLine=False;/*Default is false. It seems the Horizontal Lines are were the code predicts price may cross TD line.*/
bool TD=False;/*Default is false. True setting draws up and down arrows instead of dots on TD Points creating more clutter.*/
int BackSteps=0;/*Used to be extern int now just int. Leave at 0*/
int ShowingSteps=1;/*Used to be extern int now just int. Leave at 1*/
bool FractalAsTD=false;/*Used to be extern bool now just bool. Leave at false, otherwise Trend Lines based on Fractal Points not TD Points*/
double TrendLineBreakUp=-1;//Line added.
bool TrendLineBreakUpFlag=False;//Line added.
double TrendLineBreakDown=-1;//Line added.
bool TrendLineBreakDownFlag=False;//Line added.
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
//====================================================================
int init()
{
SetIndexStyle(0,DRAW_ARROW);
SetIndexArrow(0,217);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexEmptyValue(0,0.0);
SetIndexStyle(1,DRAW_ARROW);
SetIndexArrow(1,218);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexEmptyValue(1,0.0);
for (int i=1;i<=10;i++)
{
ObjectDelete("HHL_"+i);ObjectDelete("HL_"+i);
ObjectDelete("HLL_"+i);ObjectDelete("LL_"+i);
ObjectDelete("HC1_"+i);
ObjectDelete("HC2_"+i);
ObjectDelete("HC3_"+i);
ObjectDelete("LC1_"+i);
ObjectDelete("LC2_"+i);
ObjectDelete("LC3_"+i);
}
Comment("");
return(0);
}
int deinit()
{
for (int i=1;i<=10;i++)
{
ObjectDelete("HHL_"+i);ObjectDelete("HL_"+i);
ObjectDelete("HLL_"+i);ObjectDelete("LL_"+i);
ObjectDelete("HC1_"+i);
ObjectDelete("HC2_"+i);
ObjectDelete("HC3_"+i);
ObjectDelete("LC1_"+i);
ObjectDelete("LC2_"+i);
ObjectDelete("LC3_"+i);
}
Comment("");
return(0);
}
//--------------------------------------------------------------------
int SetTDPoint(int B)//It seems B is the same as IndicatorCounted() function
{
int shift;
if (FractalAsTD==false)
{
//Print("B = ",B);
//Print("Bars = ",Bars);
//Print("IndicatorCounted() = ",IndicatorCounted());
for (shift=B;shift>1;shift--)
{
if (High[shift+1]<High[shift] && High[shift-1]<High[shift])// determine single top TD Point
ExtMapBuffer1[shift]=High[shift];// determine single top TD Point
if (High[shift+2]<High[shift] && High[shift+1]==High[shift]&& High[shift-1]<High[shift])//I added for double top
ExtMapBuffer1[shift]=High[shift];//I added for double top
if (High[shift+3]<High[shift] && High[shift+2]==High[shift]&& High[shift+1]==High[shift]//I added for triple top
&& High[shift-1]<High[shift])//I added for triple top
ExtMapBuffer1[shift]=High[shift];//I added for triple top
if (High[shift+4]<High[shift] && High[shift+3]==High[shift]&& High[shift+2]==High[shift]//I added for quadruple top
&& High[shift+1]==High[shift]//I added for quadruple top
&& High[shift-1]<High[shift])//I added for quadruple top
ExtMapBuffer1[shift]=High[shift];//I added for quadruple top
if (High[shift-1]>=High[shift])//I added for new way to determine Non-TD High Point
ExtMapBuffer1[shift]=0;//I added for new way to determine Non-TD High Point
//else ExtMapBuffer1[shift]=0;
if (Low[shift+1]>Low[shift] && Low[shift-1]>Low[shift])// determine single bottom TD Point
ExtMapBuffer2[shift]=Low[shift];// determine single bottom TD Point
if (Low[shift+2]>Low[shift] && Low[shift+1]==Low[shift] && Low[shift-1]>Low[shift])//I added for double bottom
ExtMapBuffer2[shift]=Low[shift];//I added for double bottom
if (Low[shift+3]>Low[shift] && Low[shift+2]==Low[shift] && Low[shift+1]==Low[shift]//I added for triple bottom
&& Low[shift-1]>Low[shift])//I added for triple bottom
ExtMapBuffer2[shift]=Low[shift];//I added for triple bottom
if (Low[shift+4]>Low[shift] && Low[shift+3]==Low[shift]&& Low[shift+2]==Low[shift] && Low[shift+1]==Low[shift]//I added for quadruple bottom
&& Low[shift-1]>Low[shift])//I added for quadruple bottom
ExtMapBuffer2[shift]=Low[shift];//I added for quadruple bottom
if (Low[shift-1]<=Low[shift])//I added
ExtMapBuffer2[shift]=0;//I added
//else ExtMapBuffer2[shift]=0;
}
ExtMapBuffer1[0]=0;
ExtMapBuffer2[0]=0;
ExtMapBuffer1[1]=0;
ExtMapBuffer2[1]=0;
}
else
{
for (shift=B;shift>3;shift--)
{
if (High[shift+1]<=High[shift] && High[shift-1]<High[shift] && High[shift+2]<=High[shift] && High[shift-2]<High[shift])
ExtMapBuffer1[shift]=High[shift];
else ExtMapBuffer1[shift]=0;
if (Low[shift+1]>=Low[shift] && Low[shift-1]>Low[shift] && Low[shift+2]>=Low[shift] && Low[shift-2]>Low[shift])
ExtMapBuffer2[shift]=Low[shift];
else ExtMapBuffer2[shift]=0;
}
ExtMapBuffer1[0]=0;
ExtMapBuffer2[0]=0;
ExtMapBuffer1[1]=0;
ExtMapBuffer2[1]=0;
ExtMapBuffer1[2]=0;
ExtMapBuffer2[2]=0;
}
return(0);
}
//--------------------------------------------------------------------
int GetHighTD(int P)
{
int i=0,j=0;
while (j<P)
{
i++;
while(ExtMapBuffer1[i]==0)
{i++;if(i>Bars-2)return(-1);}
j++;
}
return (i);
}
//--------------------------------------------------------------------
int GetNextHighTD(int P)
{
int i=P+1;
while(ExtMapBuffer1[i]<=High[P]){i++;if(i>Bars-2)return(-1);}
return (i);
}
//--------------------------------------------------------------------
int GetLowTD(int P)
{
int i=0,j=0;
while (j<P)
{
i++;
while(ExtMapBuffer2[i]==0)
{i++;if(i>Bars-2)return(-1);}
j++;
}
return (i);
}
//--------------------------------------------------------------------
int GetNextLowTD(int P)
{
int i=P+1;
while(ExtMapBuffer2[i]>=Low[P] || ExtMapBuffer2[i]==0){i++;if(i>Bars-2)return(-1);}
return (i);
}
//--------------------------------------------------------------------
int TrendLineHighTD(int H1,int H2,int Step,int Col)/*Draw Upper Trend Line*/
{
ObjectSet("HL_"+Step,OBJPROP_TIME1,Time[H2]);ObjectSet("HL_"+Step,OBJPROP_TIME2,Time[H1]);
ObjectSet("HL_"+Step,OBJPROP_PRICE1,High[H2]);ObjectSet("HL_"+Step,OBJPROP_PRICE2,High[H1]);
ObjectSet("HL_"+Step,OBJPROP_COLOR,UpperTrendLineColour);/*TEMP Original OBJPROP_COLOR,Col*/
if (Step==1)ObjectSet("HL_"+Step,OBJPROP_WIDTH,TrendLineWidth);/*Original OBJPROP_WIDTH,2*/
else ObjectSet("HL_"+Step,OBJPROP_WIDTH,1);
return(0);
}
//--------------------------------------------------------------------
int TrendLineLowTD(int L1,int L2,int Step,int Col)/*Draw Lower Trend Line*/
{
ObjectSet("LL_"+Step,OBJPROP_TIME1,Time[L2]);ObjectSet("LL_"+Step,OBJPROP_TIME2,Time[L1]);
ObjectSet("LL_"+Step,OBJPROP_PRICE1,Low[L2]);ObjectSet("LL_"+Step,OBJPROP_PRICE2,Low[L1]);
ObjectSet("LL_"+Step,OBJPROP_COLOR,LowerTrendLineColour);/*TEMP Original OBJPROP_COLOR,Col*/
if (Step==1)ObjectSet("LL_"+Step,OBJPROP_WIDTH,TrendLineWidth);/*Original OBJPROP_WIDTH,2*/
else ObjectSet("LL_"+Step,OBJPROP_WIDTH,1);
return(0);
}
//--------------------------------------------------------------------
int HorizontLineHighTD(int H1,int H2,int Step,double St,int Col)
{
ObjectSet("HHL_"+Step,OBJPROP_PRICE1,High[H2]-(High[H2]-High[H1])/(H2-H1)*H2);//HORIZONTAL HIGH LINE HEIGHT CALCULATION
ObjectSet("HHL_"+Step,OBJPROP_STYLE,St);
ObjectSet("HHL_"+Step,OBJPROP_COLOR,Col);
ObjectSet("HHL_"+Step,OBJPROP_BACK,True);//Line added
return(0);
}
//--------------------------------------------------------------------
int HorizontLineLowTD(int L1,int L2,int Step,double St,int Col)
{
ObjectSet("HLL_"+Step,OBJPROP_PRICE1,Low[L2]+(Low[L1]-Low[L2])/(L2-L1)*L2);//HORIZONTAL LOW LINE HEIGHT CALCULATION
ObjectSet("HLL_"+Step,OBJPROP_STYLE,St);
ObjectSet("HLL_"+Step,OBJPROP_COLOR,Col);
ObjectSet("HLL_"+Step,OBJPROP_BACK,True);//Line added
return(0);
}
//--------------------------------------------------------------------
string TakeProfitHighTD(int H1,int H2,int Step,int Col)/*Draw Buy TD Price Projection(s)*/
{
int i,ii,j=0;
string Comm="";
double kH,HC1,HC2,HC3,k,St;
kH=(High[H2]-High[H1])/(H2-H1);
while (NormalizeDouble(Point,j)==0)j++;
k=0;
for(i=H1;i>0;i--)if(Close[i]>High[H2]-kH*(H2-i)){k=High[H2]-kH*(H2-i);break;}
if (k>0)
{
Comm=Comm+"UTD_Line ("+DoubleToStr(High[H2]-kH*H2,j)+") broken at "+DoubleToStr(k,j)+", uptargets:\n";
ii=Lowest(NULL,0,MODE_LOW,H2-i,i);
HC1=High[H2]-kH*(H2-ii)-Low[ii];
HC2=High[H2]-kH*(H2-ii)-Close[ii];
ii=Lowest(NULL,0,MODE_CLOSE,H2-i,i);
HC3=High[H2]-kH*(H2-ii)-Close[ii];
St=TrendLineStyle;/*Original STYLE_SOLID*/
}
else
{
k=High[H2]-kH*H2;
Comm=Comm+"UTD_Line ("+DoubleToStr(k,j)+"), probable break-up targets:\n";
ii=Lowest(NULL,0,MODE_LOW,H2,0);
HC1=High[H2]-kH*(H2-ii)-Low[ii];
HC2=High[H2]-kH*(H2-ii)-Close[ii];
ii=Lowest(NULL,0,MODE_CLOSE,H2,0);
HC3=High[H2]-kH*(H2-ii)-Close[ii];
St=TrendLineStyle;/*Original STYLE_DASHDOT*/
}
ObjectSet("HL_"+Step,OBJPROP_STYLE,St);
Comm=Comm+"T1="+DoubleToStr(HC1+k,j)+" ("+DoubleToStr(HC1/Point,0)+"pts.)\n";//changed "pts.)" to "pts.)\n"
//Comm=Comm+" T2="+DoubleToStr(HC2+k,j)+" ("+DoubleToStr(HC2/Point,0)+"pts.)";
//Comm=Comm+" T3="+DoubleToStr(HC3+k,j)+" ("+DoubleToStr(HC3/Point,0)+"pts.)\n";
ObjectSet("HC1_"+Step,OBJPROP_TIME1,Time[H1]);ObjectSet("HC1_"+Step,OBJPROP_TIME2,Time[0]);
ObjectSet("HC1_"+Step,OBJPROP_PRICE1,HC1+k);ObjectSet("HC1_"+Step,OBJPROP_PRICE2,HC1+k);
ObjectSet("HC1_"+Step,OBJPROP_COLOR,Col);ObjectSet("HC1_"+Step,OBJPROP_STYLE,St);
//ObjectSet("HC2_"+Step,OBJPROP_TIME1,Time[H1]);ObjectSet("HC2_"+Step,OBJPROP_TIME2,Time[0]);
//ObjectSet("HC2_"+Step,OBJPROP_PRICE1,HC2+k);ObjectSet("HC2_"+Step,OBJPROP_PRICE2,HC2+k);
//ObjectSet("HC2_"+Step,OBJPROP_COLOR,Col);ObjectSet("HC2_"+Step,OBJPROP_STYLE,St);
//ObjectSet("HC3_"+Step,OBJPROP_TIME1,Time[H1]);ObjectSet("HC3_"+Step,OBJPROP_TIME2,Time[0]);
//ObjectSet("HC3_"+Step,OBJPROP_PRICE1,HC3+k);ObjectSet("HC3_"+Step,OBJPROP_PRICE2,HC3+k);
//ObjectSet("HC3_"+Step,OBJPROP_COLOR,Col);ObjectSet("HC3_"+Step,OBJPROP_STYLE,St);
if (Step==1)
{
ObjectSet("HC1_"+Step,OBJPROP_WIDTH,ProjectionLinesWidth);/*Original OBJPROP_WIDTH,2*/
ObjectSet("HC1_"+Step,OBJPROP_STYLE,ProjectionLinesStyle);/*This Line of code added from original. TD Upper Projection Line Style*/
// ObjectSet("HC2_"+Step,OBJPROP_WIDTH,2);
// ObjectSet("HC3_"+Step,OBJPROP_WIDTH,2);
}
else
{
ObjectSet("HC1_"+Step,OBJPROP_WIDTH,2);
// ObjectSet("HC2_"+Step,OBJPROP_WIDTH,2);
// ObjectSet("HC3_"+Step,OBJPROP_WIDTH,2);
}
return(Comm);
}
//--------------------------------------------------------------------
string TakeProfitLowTD(int L1,int L2,int Step,int Col)/*Draw Sell TD Price Projection(s)*/
{
int i,ii,j=0;
string Comm="";
double kL,LC1,LC2,LC3,k,St;
kL=(Low[L1]-Low[L2])/(L2-L1);
while (NormalizeDouble(Point,j)==0)j++;
k=0;
for(i=L1;i>0;i--)if(Close[i]<Low[L2]+kL*(L2-i)){k=Low[L2]+kL*(L2-i);break;}
if (k>0)
{
Comm=Comm+"LTD_Line ("+DoubleToStr(Low[L2]+kL*L2,j)+") broken at "+DoubleToStr(k,j)+", downtargets:\n";
ii=Highest(NULL,0,MODE_HIGH,L2-i,i);
LC1=High[ii]-(Low[L2]+kL*(L2-ii));
LC2=Close[ii]-(Low[L2]+kL*(L2-ii));
i=Highest(NULL,0,MODE_CLOSE,L2-i,i);
LC3=Close[ii]-(Low[L2]+kL*(L2-ii));
St=TrendLineStyle;/*Original STYLE_SOLID*/
}
else
{
k=Low[L2]+kL*L2;
Comm=Comm+"LTD_Line ("+DoubleToStr(k,j)+"), probable downbreak targets:\n";
ii=Highest(NULL,0,MODE_HIGH,L2,0);
LC1=High[ii]-(Low[L2]+kL*(L2-ii));
LC2=Close[ii]-(Low[L2]+kL*(L2-ii));
ii=Highest(NULL,0,MODE_CLOSE,L2,0);
LC3=Close[ii]-(Low[L2]+kL*(L2-ii));
St=TrendLineStyle;/*Original STYLE_DASHDOT*/
}
ObjectSet("LL_"+Step,OBJPROP_STYLE,St);
Comm=Comm+"T1="+DoubleToStr(k-LC1,j)+" ("+DoubleToStr(LC1/Point,0)+"pts.)\n";//changed "pts.)" to "pts.)\n"
//Comm=Comm+" T2="+DoubleToStr(k-LC2,j)+" ("+DoubleToStr(LC2/Point,0)+"pts.)";
//Comm=Comm+" T3="+DoubleToStr(k-LC3,j)+" ("+DoubleToStr(LC3/Point,0)+"pts.)\n";
ObjectSet("LC1_"+Step,OBJPROP_TIME1,Time[L1]);ObjectSet("LC1_"+Step,OBJPROP_TIME2,Time[0]);
ObjectSet("LC1_"+Step,OBJPROP_PRICE1,k-LC1);ObjectSet("LC1_"+Step,OBJPROP_PRICE2,k-LC1);
ObjectSet("LC1_"+Step,OBJPROP_COLOR,Col);ObjectSet("LC1_"+Step,OBJPROP_STYLE,St);
//ObjectSet("LC2_"+Step,OBJPROP_TIME1,Time[L1]);ObjectSet("LC2_"+Step,OBJPROP_TIME2,Time[0]);
//ObjectSet("LC2_"+Step,OBJPROP_PRICE1,k-LC2);ObjectSet("LC2_"+Step,OBJPROP_PRICE2,k-LC2);
//ObjectSet("LC2_"+Step,OBJPROP_COLOR,Col);ObjectSet("LC2_"+Step,OBJPROP_STYLE,St);
//ObjectSet("LC3_"+Step,OBJPROP_TIME1,Time[L1]);ObjectSet("LC3_"+Step,OBJPROP_TIME2,Time[0]);
//ObjectSet("LC3_"+Step,OBJPROP_PRICE1,k-LC3);ObjectSet("LC3_"+Step,OBJPROP_PRICE2,k-LC3);
//ObjectSet("LC3_"+Step,OBJPROP_COLOR,Col);ObjectSet("LC3_"+Step,OBJPROP_STYLE,St);
if (Step==1)
{
ObjectSet("LC1_"+Step,OBJPROP_WIDTH,ProjectionLinesWidth);/*Original OBJPROP_WIDTH,2*/
ObjectSet("LC1_"+Step,OBJPROP_STYLE,ProjectionLinesStyle);/*This Line of code added from original. TD Lower Projection Line Style*/
//ObjectSet("LC2_"+Step,OBJPROP_WIDTH,2);
//ObjectSet("LC3_"+Step,OBJPROP_WIDTH,2);
}
else
{
ObjectSet("LC1_"+Step,OBJPROP_WIDTH,2);
//ObjectSet("LC2_"+Step,OBJPROP_WIDTH,2);
//ObjectSet("LC3_"+Step,OBJPROP_WIDTH,2);
}
return(Comm);
}
//--------------------------------------------------------------------
string TDMain(int Step)
{
int H1,H2,L1,L2;
string Comm="--- step "+Step+" --------------------\n";
int i,j; while (NormalizeDouble(Point,j)==0)j++;
double Style;
double Col[20];Col[0]=UpperProjectionLineColour/*Original Col[0]=Red, Colour for Current Upper TD Projection*/;Col[2]=Magenta;Col[4]=Chocolate;Col[6]=Goldenrod;Col[8]=SlateBlue;
Col[1]=LowerProjectionLineColour/*Original Col[1]=Blue, Colour for Current Lower TD Projection*/;Col[3]=FireBrick;Col[5]=Green;Col[7]=MediumOrchid;Col[9]=CornflowerBlue;
Col[10]=Red;Col[12]=Magenta;Col[14]=Chocolate;Col[16]=Goldenrod;Col[18]=SlateBlue;
Col[11]=Blue;Col[13]=FireBrick;Col[15]=Green;Col[17]=MediumOrchid;Col[19]=CornflowerBlue;
Step=Step+BackSteps;
H1=GetHighTD(Step);
H2=GetNextHighTD(H1);
L1=GetLowTD(Step);
L2=GetNextLowTD(L1);
TrendLineBreakUp=High[H2]-(High[H2]-High[H1])/(H2-H1)*H2;//added line
TrendLineBreakDown=Low[L2]+(Low[L1]-Low[L2])/(L2-L1)*L2;//added line
if (H1<0)Comm=Comm+"UTD no TD up-point \n";
else
if (H2<0)Comm=Comm+"UTD no TD point-upper then last one ("+DoubleToStr(High[H1],j)+")\n";
else Comm=Comm+"UTD "+DoubleToStr(High[H2],j)+" "+DoubleToStr(High[H1],j)+"\n";
if (L1<0)Comm=Comm+"LTD no TD down-point \n";
else
if (L2<0)Comm=Comm+"LTD no TD point-lower then last one ("+DoubleToStr(Low[L1],j)+")\n";
else Comm=Comm+"LTD "+DoubleToStr(Low[L2],j)+" "+DoubleToStr(Low[L1],j)+"\n";
//-----------------------------------------------------------------------------------
if (Step==1)Style=STYLE_SOLID;
else Style=STYLE_DOT;
if (H1>0 && H2>0)
{
if (TrendLine==1)
{
ObjectCreate("HL_"+Step,OBJ_TREND,0,0,0,0,0);
TrendLineHighTD(H1,H2,Step,Col[Step*2-2]);
}
else ObjectDelete("HL_"+Step);
if (HorizontLine==1 && Step==1)
{
ObjectCreate("HHL_"+Step,OBJ_HLINE,0,0,0,0,0);
ObjectSet("HHL_"+Step,OBJPROP_BACK,True);//Line added
HorizontLineHighTD(H1,H2,Step,Style,Col[Step*2-2]);
}
else ObjectDelete("HHL_"+Step);
if (ProjectionLines==1)
{
ObjectCreate("HC1_"+Step,OBJ_TREND,0,0,0,0,0);
ObjectCreate("HC2_"+Step,OBJ_TREND,0,0,0,0,0);
ObjectCreate("HC3_"+Step,OBJ_TREND,0,0,0,0,0);
Comm=Comm+TakeProfitHighTD(H1,H2,Step,Col[Step*2-2]);
}
else
{
ObjectDelete("HC1_"+Step);
ObjectDelete("HC2_"+Step);
ObjectDelete("HC3_"+Step);
}
}
//-----------------------------------------------------------------------------------
if (L1>0 && L2>0)
{
if (TrendLine==1)
{
ObjectCreate("LL_"+Step,OBJ_TREND,0,0,0,0,0);
TrendLineLowTD(L1,L2,Step,Col[Step*2-1]);
}
else ObjectDelete("LL_"+Step);
if (HorizontLine==1 && Step==1)
{
ObjectCreate("HLL_"+Step,OBJ_HLINE,0,0,0,0,0);
ObjectSet("HLL_"+Step,OBJPROP_BACK,True);//Line added
HorizontLineLowTD(L1,L2,Step,Style,Col[Step*2-1]);
}
else ObjectDelete("HLL_"+Step);
if (ProjectionLines==1)
{
ObjectCreate("LC1_"+Step,OBJ_TREND,0,0,0,0,0);
ObjectCreate("LC2_"+Step,OBJ_TREND,0,0,0,0,0);
ObjectCreate("LC3_"+Step,OBJ_TREND,0,0,0,0,0);
Comm=Comm+TakeProfitLowTD(L1,L2,Step,Col[Step*2-1]);
}
else
{
ObjectDelete("LC1_"+Step);
ObjectDelete("LC2_"+Step);
ObjectDelete("LC3_"+Step);
}
}
//--------------------------------------------------------------------
if(AlertsOn)//added this Alerts section
{
//Print("Alerts On");
if(Close[0]>TrendLineBreakUp && TrendLineBreakUpFlag==False)
{
//Print("Upper TrendLine Break ",Symbol()," ",Period()," ",Bid);
Alert("UTL Break>",TrendLineBreakUp," on ",Symbol()," ",Period()," @ ",Bid);
TrendLineBreakUpFlag=True;
}
if(Close[0]<TrendLineBreakDown && TrendLineBreakDownFlag==False)
{
//Print("Lower Trendline Break ",Symbol()," ",Period()," ",Bid);
Alert("LTL Break<",TrendLineBreakDown," on ",Symbol()," ",Period()," @ ",Bid);
TrendLineBreakDownFlag=True;
}
//--------------------------------------------------------------------
}
return(Comm);
}
//--------------------------------------------------------------------
int start()
{
string Comm="";
SetTDPoint(Bars-1);
if (TD==1)
{
SetIndexArrow(0,217);
SetIndexArrow(1,218);
}
else
{
SetIndexArrow(0,160);
SetIndexArrow(1,160);
}
if (ShowingSteps>10)
{
Comment("ShowingSteps readings 0 - 10");
return(0);
}
for (int i=1;i<=ShowingSteps;i++)Comm=Comm+TDMain(i);
Comm=Comm+"------------------------------------\nShowingSteps="+ShowingSteps+"\nBackSteps="+BackSteps;
if (FractalAsTD==true)Comm=Comm+"\nFractals";
else Comm=Comm+"\nTD point";
if (Comments==1)Comment(Comm);
else Comment("");
return(0);
}
//+------------------------------------------------------------------+
Comments