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ZigZag_AutoChannel_001
//Version: 2
//Time: December 02, 2006
//+------------------------------------------------------------------+
//| ZigZag Channels |
//| ZigZag_Channels.mq4 |
//| Developed by Coders Guru |
//| http://www.xpworx.com |
//+------------------------------------------------------------------+
#property indicator_chart_window
#property indicator_buffers 4
#property indicator_color1 Red
//---- indicator parameters
extern int ExtDepth = 12;
extern int ExtDeviation = 5;
extern int ExtBackstep = 3;
extern color color_trend_1 = Yellow;
extern color color_trend_2 = Yellow;
extern int back = 1;
//---- indicator buffers
double ExtMapBuffer[];
double ExtMapBuffer2[];
double upperband[];
double lowerband[];
int deinit()
{
ObjectDelete("trend_1");
ObjectDelete("trend_2");
return (0);
}
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
IndicatorBuffers(4);
//---- drawing settings
SetIndexStyle(0,DRAW_SECTION);
//---- indicator buffers mapping
SetIndexBuffer(0,ExtMapBuffer);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexBuffer(2,upperband);
SetIndexBuffer(3,lowerband);
SetIndexLabel(0,NULL) ;
SetIndexLabel(1,NULL) ;
SetIndexLabel(2,"Upper band") ;
SetIndexLabel(3,"Lower band") ;
SetIndexEmptyValue(0,0.0);
ArraySetAsSeries(ExtMapBuffer,true);
ArraySetAsSeries(ExtMapBuffer2,true);
ArraySetAsSeries(upperband,true);
ArraySetAsSeries(lowerband,true);
//ObjectDelete("trend_1");
//ObjectDelete("trend_2");
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int start()
{
int shift, back,lasthighpos,lastlowpos;
double val,res;
double curlow,curhigh,lasthigh,lastlow;
for(shift=Bars-ExtDepth; shift>=0; shift--)
{
val=Low[Lowest(NULL,0,MODE_LOW,ExtDepth,shift)];
if(val==lastlow) val=0.0;
else
{
lastlow=val;
if((Low[shift]-val)>(ExtDeviation*Point)) val=0.0;
else
{
for(back=1; back<=ExtBackstep; back++)
{
res=ExtMapBuffer[shift+back];
if((res!=0)&&(res>val)) ExtMapBuffer[shift+back]=0.0;
}
}
}
ExtMapBuffer[shift]=val;
//--- high
val=High[Highest(NULL,0,MODE_HIGH,ExtDepth,shift)];
if(val==lasthigh) val=0.0;
else
{
lasthigh=val;
if((val-High[shift])>(ExtDeviation*Point)) val=0.0;
else
{
for(back=1; back<=ExtBackstep; back++)
{
res=ExtMapBuffer2[shift+back];
if((res!=0)&&(res<val)) ExtMapBuffer2[shift+back]=0.0;
}
}
}
ExtMapBuffer2[shift]=val;
}
// final cutting
lasthigh=-1; lasthighpos=-1;
lastlow=-1; lastlowpos=-1;
for(shift=Bars-ExtDepth; shift>=0; shift--)
{
curlow=ExtMapBuffer[shift];
curhigh=ExtMapBuffer2[shift];
if((curlow==0)&&(curhigh==0)) continue;
//---
if(curhigh!=0)
{
if(lasthigh>0)
{
if(lasthigh<curhigh) ExtMapBuffer2[lasthighpos]=0;
else ExtMapBuffer2[shift]=0;
}
//---
if(lasthigh<curhigh || lasthigh<0)
{
lasthigh=curhigh;
lasthighpos=shift;
}
lastlow=-1;
}
//----
if(curlow!=0)
{
if(lastlow>0)
{
if(lastlow>curlow) ExtMapBuffer[lastlowpos]=0;
else ExtMapBuffer[shift]=0;
}
//---
if((curlow<lastlow)||(lastlow<0))
{
lastlow=curlow;
lastlowpos=shift;
}
lasthigh=-1;
}
}
for(shift=Bars-1; shift>=0; shift--)
{
if(shift>=Bars-ExtDepth) ExtMapBuffer[shift]=0.0;
else
{
res=ExtMapBuffer2[shift];
if(res!=0.0) ExtMapBuffer[shift]=res;
}
}
DrawTrends();
for(shift=Bars-1; shift>=0; shift--)
{
upperband[shift]= ObjectGetValueByShift("trend_1",shift);
lowerband[shift]= ObjectGetValueByShift("trend_2",shift);
}
}
void DrawTrends()
{
double temp = 0;
int count = 0;
double save_0 , save_1 , save_2 , save_3;
int t_0 , t_1 , t_2 , t_3;
//get last up
for(int i = 0 ; i < Bars ; i++)
{
temp = ExtMapBuffer[i];
if (temp != 0) count++;
// Print("count:", count);
if(count == back + 1 && temp != 0) {save_0 = temp; t_0 = i;}
if(count == back + 2 && temp != 0) {save_1 = temp; t_1 = i;}
if(count == back + 3 && temp != 0) {save_2 = temp; t_2 = i;}
if(count == back + 4 && temp != 0) {save_3 = temp; t_3 = i;}
if(count == back + 5) break;
}
count = 0;
//draw trends
// Print(save_0,":",save_1,":",save_2,":",save_3);
if((ObjectFind("trend_2")==-1) || (ObjectFind("trend_2")==-1))
{
ObjectCreate("trend_2",OBJ_TREND,0,iTime(NULL,0,t_3),save_3,iTime(NULL,0,t_1),save_1);
ObjectCreate("trend_1",OBJ_TREND,0,iTime(NULL,0,t_2),save_2,iTime(NULL,0,t_0),save_0);
ObjectSet("trend_1",OBJPROP_STYLE,STYLE_SOLID);
ObjectSet("trend_2",OBJPROP_STYLE,STYLE_SOLID);
ObjectSet("trend_1",OBJPROP_WIDTH,2);
ObjectSet("trend_2",OBJPROP_WIDTH,2);
ObjectSet("trend_1",OBJPROP_COLOR,color_trend_1);
ObjectSet("trend_2",OBJPROP_COLOR,color_trend_2);
}
else
{
if (save_2!=0)
{
ObjectMove("trend_1", 0,iTime(NULL,0,t_2),save_2);
ObjectMove("trend_1", 1,iTime(NULL,0,t_0),save_0);
ObjectMove("trend_2", 0,iTime(NULL,0,t_3),save_3);
ObjectMove("trend_2", 1,iTime(NULL,0,t_1),save_1);
}
}
}
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