//+------------------------------------------------------------------+
//| Trendsignal version 2.mq4 |
//| Pankaj Bhaban |
//| http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "pankajbhaban@gmail.com"
#property link "trendsignal.co.in"
#property indicator_chart_window
#property indicator_buffers 3
#property indicator_color1 DodgerBlue
#property indicator_color2 Magenta
#property indicator_color3 White
#property indicator_width1 1
#property indicator_width2 1
#property indicator_width3 2
//---- input parameters
extern int RISK=3;
extern int SSP=9;
int CountBars=500;
int Alert_Delay_In_Seconds=0;
extern bool Enablemail=false;
string subjectUp="Buy signal";
string subjectDown="Sell signal";
string textUp="Long ";
string textDown="Short ";
int PrevAlertTime=0;
//---- buffers
double val1[];
double val2[];
double alertBar;
double Mainbuffer[];
double UpperBuffer[];
double LowerBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
IndicatorDigits(Digits);
string short_name;
//---- indicator line
IndicatorBuffers(5);
SetIndexStyle(0,DRAW_ARROW);
SetIndexArrow(0,233);
SetIndexStyle(1,DRAW_ARROW);
SetIndexArrow(1,234);
SetIndexBuffer(0,val1);
SetIndexBuffer(1,val2);
//---- drawing settings
SetIndexStyle(2,DRAW_SECTION);
//---- indicator buffers mapping
SetIndexBuffer(2,Mainbuffer);
SetIndexBuffer(3,UpperBuffer);
SetIndexBuffer(4,LowerBuffer);
SetIndexLabel(0,"UP");
SetIndexLabel(1,"DOWN");
SetIndexLabel(2,"Potential targets");
SetIndexEmptyValue(0,0);
SetIndexEmptyValue(1,0);
SetIndexEmptyValue(2,0);
//----
return( 0 );
}
//+------------------------------------------------------------------+
//|
//+------------------------------------------------------------------+
int start()
{
if(CountBars>=Bars) CountBars=Bars;
SetIndexDrawBegin(0,Bars-CountBars+SSP);
SetIndexDrawBegin(1,Bars-CountBars+SSP);
int i,shift;
int i1,i2,K;
double Range,AvgRange,smin,smax,SsMax,SsMin,price;
bool uptrend,old;
//----
if(Bars<=SSP+1) return(0);
//---- initial zero
/*if( counted_bars < SSP+1 ) {
for(i=1;i<=SSP;i++) val1[CountBars-i]=0.0;
for(i=1;i<=SSP;i++) val2[CountBars-i]=0.0;
}
*/
//----
int counted_bars = IndicatorCounted();
if(counted_bars < 0) return(-1);
if(counted_bars > 0) counted_bars--;
int limit = Bars - counted_bars;
if(counted_bars==0) limit-=1+SSP;
K=33-RISK;
for(shift=limit; shift>=0; shift--)
{
Range=0;
AvgRange=0;
for(i1=shift; i1<=shift+SSP; i1++)
{
AvgRange=AvgRange+MathAbs(High[i1]-Low[i1]);
}
Range=AvgRange/(SSP+1);
SsMax=High[shift]; SsMin=Low[shift];
for(i2=shift;i2<=shift+SSP-1;i2++)
{
price=High[i2];
if(SsMax<price) SsMax=price;
price=Low[i2];
if(SsMin>=price) SsMin=price;
}
smin = SsMin+(SsMax-SsMin)*K/100;
smax = SsMax-(SsMax-SsMin)*K/100;
val1[shift]=0;
val2[shift]=0;
if(Close[shift]<smin)
{
uptrend=false;
}
if(Close[shift]>smax)
{
uptrend=true;
}
if(uptrend!=old && uptrend==true)
{
val1[shift]=Low[shift]-Range*0.5;
Mainbuffer[shift]=val1[shift];
if(Bars>alertBar && shift==0 && (CurTime()-PrevAlertTime>Period()*Alert_Delay_In_Seconds))
{
Alert("Trendsignal V2.0 ",Period(),""," Mins Timeframe",Symbol()," BUY @",Ask,"");alertBar=Bars;
if(Enablemail==true) {SendMail(subjectDown+" "+Symbol(),textDown+" "+Close[1]+" "+Symbol()); }
PrevAlertTime=CurTime();
}
}
if(uptrend!=old && uptrend==false)
{
val2[shift]=High[shift]+Range*0.5;
Mainbuffer[shift]=val2[shift];
if(Bars>alertBar && shift==0 && (CurTime()-PrevAlertTime>Period()*Alert_Delay_In_Seconds))
{
Alert("Trendsignal V2.0 ",Period(),"","Mins Timeframe ",Symbol()," SELL @",Bid,"");alertBar=Bars;
if(Enablemail==true) {SendMail(subjectUp+" "+Symbol(),textUp+" "+Close[1]+" "+Symbol());}
PrevAlertTime=CurTime();
}
}
Comment(shift);
old=uptrend;
}
return(0);
}
//+------------------------------------------------------------------+
Comments