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V-T&B_v1
/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| V-T&B.mq4 |
//| Copyright © 2005, Don Lawson (don_forex) |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, Don Lawson (don_forex)"
#property link "d_n_d_enterprises@sbcglobal.net"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Green
#property indicator_color2 Red
double VTop[];
double VBottom[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0, DRAW_ARROW, EMPTY);
SetIndexArrow(0, 233);
SetIndexBuffer(0, VTop);
SetIndexStyle(1, DRAW_ARROW, EMPTY);
SetIndexArrow(1, 234);
SetIndexBuffer(1, VBottom);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start() {
int limit, i, counter;
double Range, AvgRange;
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;
for(i = 0; i <= limit; i++) {
counter=i;
Range=0;
AvgRange=0;
for (counter=i ;counter<=i+9;counter++)
{
AvgRange=AvgRange+MathAbs(High[counter]-Low[counter]);
}
Range=AvgRange/10;
bool HiClose = false,
HiOpen = false,
HiWick = false,
LoWick = false;
if (Open[0]<Close[0])
HiClose = true;
else
HiOpen = true;
if (HiClose){
if ((High[0]-Close[0])>(Close[0]-Open[0]) && (High[0]-Close[0])>(Open[0]-Low[0]))
HiWick = true;
}
if (HiOpen){
if ((High[0]-Open[0])>(Open[0]-Close[0]) && (High[0]-Open[0])>(Close[0]-Low[0]))
HiWick = true;
}
if (HiClose){
if ((Open[0]-Low[0])>(Close[0]-Open[0]) && (Open[0]-Low[0])>(High[0]-Close[0]))
LoWick = true;
}
if (HiOpen){
if ((Close[0]-Low[0])>(Open[0]-Close[0]) && (Close[0]-Low[0])>(High[0]-Open[0]))
LoWick = true;
}
if (HiWick) {
VTop[i] = Low[i] - Range*0.5;
}
else if (LoWick) {
VBottom[i] = High[i] + Range*0.5;
}
}
return(0);
}
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