Indicators Used
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V-T_Bv6
//+------------------------------------------------------------------+
//| V-T&B.mq4 |
//| Don Lawson (don_forex) |
//+------------------------------------------------------------------+
#property copyright "Coded by Don Lawson (don_forex)"
#property link "d_n_d_enterprises@sbcglobal.net"
//----
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_width1 2
#property indicator_color2 Green
#property indicator_width2 2
//----
extern double WickRatio =0.5;
extern double WickPercent =50;
extern int JuicePeriod =7;
extern int JuiceLevelForAlert=5;
extern bool Notify=false;
extern bool UseNew=true;
//----
double VTop[];
double VBottom[];
double DistanceFromCandle;
int Level=5;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_ARROW,EMPTY);
SetIndexArrow(0,234);
SetIndexBuffer(0,VTop);
SetIndexStyle(1,DRAW_ARROW,EMPTY);
SetIndexArrow(1,233);
SetIndexBuffer(1,VBottom);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void SetVTop(int index)
{
double Juice,JuiceLevel;
// Check for Juice
JuiceLevel=Level*Point;
if(Period()==5)JuiceLevel=JuiceLevel/2;
Juice=iStdDev(NULL,0,JuicePeriod,MODE_EMA,0,PRICE_CLOSE,index)-JuiceLevel;
if(Juice>JuiceLevelForAlert*Point)
{
VTop[index]=High[index]+DistanceFromCandle;
if(Notify) PlaySound("V-Top.wav");
}
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void SetVBottom(int index)
{
double Juice,JuiceLevel;
// Check for Juice
JuiceLevel=Level*Point;
if(Period()==5)JuiceLevel=JuiceLevel/2;
Juice=iStdDev(NULL,0,JuicePeriod,MODE_EMA,0,PRICE_CLOSE,index)-JuiceLevel;
if(Juice>JuiceLevelForAlert*Point)
{
VBottom[index]=Low[index]-DistanceFromCandle;
if(Notify) PlaySound("V-Bottom.wav");
}
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int limit,i,State;
double WickPenetration;
double BullWickPenHi,BullWickPenLow;
double BearWickPenHi,BearWickPenLow;
double BullWickHi,BullWickLow,BullBody;
double BearWickHi,BearWickLow,BearBody;
int counted_bars=IndicatorCounted();
if(counted_bars<0) return(-1);
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
if(counted_bars==0) limit-=1+1;
//----
WickPenetration=WickPercent/100.0;
DistanceFromCandle=Point*8;
for(i=1; i<=limit; i++)
{
bool CurrentBull=false,
CurrentBear =false,
Bull =false,
Bear =false,
HiWick =false,
LoWick =false;
if(Open[i-1]<Close[i-1])
CurrentBull=true;
else
CurrentBear=true;
if(Open[i]<Close[i])
Bull=true;
else
Bear=true;
BullWickHi=High[i]-Close[i];
BullWickLow=Open[i]-Low[i];
BullBody=Close[i]-Open[i];
BearWickHi=High[i]-Open[i];
BearWickLow=Close[i]-Low[i];
BearBody=Open[i]-Close[i];
// Check for VTOP
if(High[i]>High[i+1])
{
if(Bull)
{
if((BullWickHi>BullBody*WickRatio))// && (BullWickHi > BullWickLow)
HiWick=true;
}
if(Bear)
{
if((BearWickHi>BearBody*WickRatio))// && (BearWickHi > BearWickLow)
HiWick=true;
}
}
// Check for VBottom
if(Low[i]<Low[i+1])
{
if(Bull)
{
if((BullWickLow>BullBody*WickRatio))// && (BullWickLow > BullWickHi)
LoWick=true;
}
if(Bear)
{
if((BearWickLow>BearBody*WickRatio))// && (BearWickLow > BearWickHi)
LoWick=true;
}
}
// Set up State Table
if(CurrentBear && Bull) State=1;
if(CurrentBear && Bear) State=2;
if(CurrentBull && Bull) State=3;
if(CurrentBull && Bear) State=4;
// Set Arrow
if(HiWick)
{
BullWickPenHi=Close[i] + BullWickHi * WickPenetration;
BearWickPenHi=Open[i] + BearWickHi * WickPenetration;
switch(State)
{
case 1 : // CurrentBear && Bull
if(UseNew)
{
if(Open[i-1]<BullWickPenHi) SetVTop(i);
}
else
{
SetVTop(i);
}
break;
case 2 : // CurrentBear && Bear
if(UseNew)
{
if(Open[i-1]<BearWickPenHi) SetVTop(i);
}
else
{
SetVTop(i);
}
break;
case 3 : // CurrentBull && Bull
if(UseNew)
{
if(Close[i-1]<BullWickPenHi) SetVTop(i);
}
else
{
SetVTop(i);
}
break;
case 4 : // CurrentBull && Bear
if(UseNew)
{
if(Close[i-1]<BearWickPenHi) SetVTop(i);
}
else
{
SetVTop(i);
}
break;
}
}
if(LoWick)
{
BullWickPenLow=Open[i] - BullWickLow * WickPenetration;
BearWickPenLow=Close[i] - BearWickLow * WickPenetration;
switch(State)
{
case 1 : // CurrentBear && Bull
if(UseNew)
{
if(Close[i-1]>BullWickPenLow) SetVBottom(i);
}
else
{
SetVBottom(i);
}
break;
case 2 : // CurrentBear && Bear
if(UseNew)
{
if(Close[i-1]>BearWickPenLow) SetVBottom(i);
}
else
{
SetVBottom(i);
}
break;
case 3 : // CurrentBull && Bull
if(UseNew)
{
if(Open[i-1]>BullWickPenLow) SetVBottom(i);
}
else
{
SetVBottom(i);
}
break;
case 4 : //CurrentBull && Bear)
if(UseNew)
{
if(Open[i-1]>BearWickPenLow) SetVBottom(i);
}
else
{
SetVBottom(i);
}
break;
}
}
}
return(0);
}
//+------------------------------------------------------------------+
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