XPoints_v1

//+------------------------------------------------------------------+
//|                                                      XPoints.mq4 |
//|                               Copyright © 2007, RedPlumSoft, Inc |
//|                                       http://www.redplumsoft.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, RedPlumSoft, Inc"
#property link      "http://www.redplumsoft.com"

//---- indicator props
#define Buffer_Count 5
#define Buffer_Lines 5

#property indicator_chart_window
#property indicator_buffers Buffer_Lines

#property indicator_color1 Blue
#property indicator_color2 Red
#property indicator_color3 Blue
#property indicator_color4 Red
#property indicator_color5 Yellow

//---- Âõîäíûå ïàðàìåòðû
extern int per=3;            
extern double xrate=1.5;            
extern double xsize=5.0;            
extern double xslope=0.0;            
extern double xminupdn=10.0;         

extern int xhour1=9;
extern int xhour2=19;
extern int xindent=15;

double BfXB[],BfXS[];
double BufD[],BufU[],BufM[];

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
   int j=0;

   IndicatorBuffers(Buffer_Count);
   IndicatorShortName("XPoints");

   SetIndexBuffer(j,BfXB);    SetIndexStyle(j,DRAW_ARROW,0,1);  SetIndexLabel(j,"X up");  SetIndexArrow(j,233);  SetIndexEmptyValue(j, 0.0); j++;
   SetIndexBuffer(j,BfXS);    SetIndexStyle(j,DRAW_ARROW,0,1);  SetIndexLabel(j,"X dn");  SetIndexArrow(j,234);  SetIndexEmptyValue(j, 0.0); j++;

   SetIndexBuffer(j,BufD);    SetIndexStyle(j,DRAW_LINE,2);     SetIndexLabel(j,"Lower");    j++;
   SetIndexBuffer(j,BufU);    SetIndexStyle(j,DRAW_LINE,2);     SetIndexLabel(j,"Upper");    j++;
   SetIndexBuffer(j,BufM);    SetIndexStyle(j,DRAW_LINE,2);     SetIndexLabel(j,"Middle");   j++;

   return(0);
  }
  
//+------------------------------------------------------------------+
//| Custom indicator start function                                  |
//+------------------------------------------------------------------+
int start()
  {
   int SH;
   
   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+1;   

   if(counted_bars<=0) 
     {
      ArrayInitialize(BfXB,0.0);
      ArrayInitialize(BfXS,0.0);
      ArrayInitialize(BufD,0.0);
      ArrayInitialize(BufU,0.0);
      ArrayInitialize(BufM,0.0);
     }

   // check params
   
   if(xrate<1) xrate=1;
   if(xsize<3) xsize=3;
   if(xindent<3) xindent=3;   

   if(xhour1<0) xhour1=0;
   if(xhour1>23) xhour1=23;
   if(xhour2<=xhour1) xhour2=xhour1+1;
   if(xhour2==0) xhour2=24;
   
   // indicator

   double MaxP,MinP,ArrowB,ArrowS; 
   double xrate0,xrate1;
   
   double HeightHL0,HeightHL1,HeightCO0,HeightCO1,HeightUD;
   double CenterHL0,CenterHL1,CenterCO0,CenterCO1;
   
   int th;
   
   //double CurWPR;

   for(SH=limit-1; SH>=0; SH--) 
     {
      BfXB[SH] = 0.0;
      BfXS[SH] = 0.0;
     
      MinP = Low[iLowest(NULL,0,MODE_LOW,per,SH)];
      MaxP = High[iHighest(NULL,0,MODE_HIGH,per,SH)];
      
      BufD[SH] = MinP;  
      BufU[SH] = MaxP;  
      BufM[SH] = (MinP+MaxP)/2;  

      HeightUD = (MaxP-MinP)/Point;
      if(HeightUD < xminupdn) continue;

      // check time 
      
      th = TimeHour(iTime(NULL, 0, SH));
      if(th < xhour1 || th > xhour2) continue; 
      
      // arrow positions

      ArrowB = Low[SH] - xindent*Point; 
      ArrowS = High[SH] + xindent*Point;

      // signal measurements

      HeightHL0 = (High[SH+0]-Low[SH+0])/Point; 
      HeightHL1 = (High[SH+1]-Low[SH+1])/Point;

      HeightCO0 = (Close[SH+0]-Open[SH+0])/Point; 
      HeightCO1 = (Close[SH+1]-Open[SH+1])/Point; 

      CenterHL0 = (High[SH+0]+Low[SH+0])/2;
      CenterHL1 = (High[SH+1]+Low[SH+1])/2;
      
      CenterCO0 = (Open[SH+0]+Close[SH+0])/2; 
      CenterCO1 = (Open[SH+1]+Close[SH+1])/2; 

      // check if X-point      

      if(HeightHL1 < xsize) continue; 

      xrate1 = HeightCO1/HeightHL1;
      if(MathAbs(xrate1) > 1/xrate) continue; 
      
      // check if there is a trend
     
      if(true 
         && Low[SH+1]  <= BufD[SH+1] 
         && High[SH+1] <  BufU[SH+1]
         && Low[SH+0]  >= Low[SH+1] + xslope*Point

         && (CenterCO1  <= BufM[SH+1] 
             || CenterCO0 >= CenterCO1 + xslope*Point 
             || CenterHL0 >= CenterHL1 + xslope*Point)
         ) 
         BfXB[SH] = ArrowB; 

      if(true 
         && High[SH+1] >= BufU[SH+1]
         && Low[SH+1]  >  BufD[SH+1] 
         && High[SH+0] <= High[SH+1] - xslope*Point  
         
         && (CenterCO1  >= BufM[SH+1] 
             || CenterCO0 <= CenterCO1 - xslope*Point 
             || CenterHL0 <= CenterHL1 - xslope*Point)
         ) 
         BfXS[SH] = ArrowS; 
     }
     
   return(0);
  }
//+------------------------------------------------------------------+