//+------------------------------------------------------------------+ //| ATR Trailing Stop.mq4 | //| | //| | //+------------------------------------------------------------------+ #property copyright "Copyright Team Aphid" #property link "" //---- indicator settings #property indicator_chart_window #property indicator_buffers 2 #property indicator_color1 Blue #property indicator_color2 Red //---- indicator parameters extern int BackPeriod =1000; extern int ATRPeriod =3; extern double Factor=3; extern bool TypicalPrice=false; //---- indicator buffers double ind_buffer1[]; double ind_buffer2[]; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- drawing settings SetIndexStyle(0,DRAW_LINE,EMPTY,2); SetIndexDrawBegin(0,ATRPeriod); SetIndexBuffer(0,ind_buffer1); SetIndexStyle(1,DRAW_LINE,EMPTY,2); SetIndexDrawBegin(1,ATRPeriod); SetIndexBuffer(1,ind_buffer2); IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)+2); //---- name for DataWindow and indicator subwindow label IndicatorShortName("ATR Trailing Stop("+ATRPeriod+" * "+Factor+")"); SetIndexLabel(0,"Support"); SetIndexLabel(1,"Resistance"); //---- initialization done return(0); } //+------------------------------------------------------------------+ //| Moving Averages Convergence/Divergence | //+------------------------------------------------------------------+ int start() { int limit; int counted_bars=IndicatorCounted(); double PrevUp, PrevDn; double CurrUp, CurrDn; double PriceLvl; double LvlUp=0; double LvlDn=1000; int Dir=1; int InitDir; //---- 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; //---- fill in buffervalues InitDir=0; for(int i=BackPeriod; i>=0; i--) { if (TypicalPrice) PriceLvl=(High[i] + Low[i] + Close[i])/3; else PriceLvl=Close[i]; //---- if(InitDir==0) { CurrUp=Close[i] - (iATR(NULL,0,ATRPeriod,i) * Factor); PrevUp=Close[i-1] - (iATR(NULL,0,ATRPeriod,i-1) * Factor); CurrDn=Close[i] + (iATR(NULL,0,ATRPeriod,i) * Factor); PrevDn=Close[i-1] + (iATR(NULL,0,ATRPeriod,i-1) * Factor); //---- if (CurrUp > PrevUp) Dir=1; LvlUp=CurrUp; if (CurrDn < PrevDn) Dir=-1; LvlDn=CurrDn; InitDir=1; } CurrUp=PriceLvl - (iATR(NULL,0,ATRPeriod,i) * Factor); CurrDn=PriceLvl + (iATR(NULL,0,ATRPeriod,i) * Factor); //---- if (Dir==1) { if (CurrUp > LvlUp) { ind_buffer1[i]=CurrUp; LvlUp=CurrUp; } else { ind_buffer1[i]=LvlUp; } ind_buffer2[i]=EMPTY_VALUE; if (Low[i] < ind_buffer1[i]) { Dir=-1; LvlDn=1000; } } if (Dir==-1) { if (CurrDn < LvlDn) { ind_buffer2[i]=CurrDn; LvlDn=CurrDn; } else { ind_buffer2[i]=LvlDn; } ind_buffer1[i]=EMPTY_VALUE; if (High[i] > ind_buffer2[i]) { Dir=1; LvlUp=0; } } } //---- return(0); } //+------------------------------------------------------------------+