//+------------------------------------------------------------------+ //| Gopal Krishan Doda | //| http://www.DodaCharts.com | //| Modified version of Bollinger Bands | //|I'm not the original author of it. I've just modified the code | //|of existing indiator by TrendLaboratory. | //+------------------------------------------------------------------+ #property indicator_chart_window #property indicator_buffers 6 #property indicator_color1 RoyalBlue #property indicator_color2 Red #property indicator_color3 RoyalBlue #property indicator_color4 Red #property indicator_color5 RoyalBlue #property indicator_color6 Red //---- input parameters extern int Length=20; // Bollinger Bands Period extern int Deviation=2; // Deviation was 2 extern double MoneyRisk=1.00; // Offset Factor extern int Signal=1; // Display signals mode: 1-Signals & Stops; 0-only Stops; 2-only Signals; extern int Line=1; // Display line mode: 0-no,1-yes extern int Nbars=1000; double mykijun; double mytenkan; int ii; //---- indicator buffers double UpTrendBuffer[]; double DownTrendBuffer[]; double UpTrendSignal[]; double DownTrendSignal[]; double UpTrendLine[]; double DownTrendLine[]; extern bool SoundON=true; bool TurnedUp = false; bool TurnedDown = false; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { ObjectCreate("mywebsite",OBJ_LABEL,0,0,0); string short_name; //---- indicator line SetIndexBuffer(0,UpTrendBuffer); SetIndexBuffer(1,DownTrendBuffer); SetIndexBuffer(2,UpTrendSignal); SetIndexBuffer(3,DownTrendSignal); SetIndexBuffer(4,UpTrendLine); SetIndexBuffer(5,DownTrendLine); SetIndexStyle(0,DRAW_ARROW,0,1); SetIndexStyle(1,DRAW_ARROW,0,1); SetIndexStyle(2,DRAW_ARROW,0,1); SetIndexStyle(3,DRAW_ARROW,0,1); SetIndexStyle(4,DRAW_LINE); SetIndexStyle(5,DRAW_LINE); SetIndexArrow(0,159); SetIndexArrow(1,159); SetIndexArrow(2,108); SetIndexArrow(3,108); IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)); //---- name for DataWindow and indicator subwindow label short_name="BBands Stop("+Length+","+Deviation+")"; IndicatorShortName(short_name); SetIndexLabel(0,"UpTrend Stop"); SetIndexLabel(1,"DownTrend Stop"); SetIndexLabel(2,"UpTrend Signal"); SetIndexLabel(3,"DownTrend Signal"); SetIndexLabel(4,"UpTrend Line"); SetIndexLabel(5,"DownTrend Line"); //---- SetIndexDrawBegin(0,Length); SetIndexDrawBegin(1,Length); SetIndexDrawBegin(2,Length); SetIndexDrawBegin(3,Length); SetIndexDrawBegin(4,Length); SetIndexDrawBegin(5,Length); //---- return(0); } int deinit() { ObjectDelete("mywebsite"); } int start() { int i,shift,trend; double smax[25000],smin[25000],bsmax[25000],bsmin[25000]; for (shift=Nbars;shift>=0;shift--) { UpTrendBuffer[shift]=0; DownTrendBuffer[shift]=0; UpTrendSignal[shift]=0; DownTrendSignal[shift]=0; UpTrendLine[shift]=EMPTY_VALUE; DownTrendLine[shift]=EMPTY_VALUE; } for (shift=Nbars-Length-1;shift>=0;shift--) { smax[shift]=iBands(NULL,0,Length,Deviation,0,PRICE_CLOSE,MODE_UPPER,shift); smin[shift]=iBands(NULL,0,Length,Deviation,0,PRICE_CLOSE,MODE_LOWER,shift); if (Close[shift]>smax[shift+1]) trend=1; if (Close[shift]0 && smin[shift]smax[shift+1]) smax[shift]=smax[shift+1]; bsmax[shift]=smax[shift]+0.5*(MoneyRisk-1)*(smax[shift]-smin[shift]); bsmin[shift]=smin[shift]-0.5*(MoneyRisk-1)*(smax[shift]-smin[shift]); if(trend>0 && bsmin[shift]bsmax[shift+1]) bsmax[shift]=bsmax[shift+1]; if (trend>0) { if (Signal>0 && UpTrendBuffer[shift+1]==-1.0) { UpTrendSignal[shift]=bsmin[shift]; UpTrendBuffer[shift]=bsmin[shift]; if(Line>0) UpTrendLine[shift]=bsmin[shift]; if (SoundON==true && shift==0 && !TurnedUp) { Alert("DodaCharts-BBands going Up on ",Symbol(),"-",Period()); TurnedUp = true; TurnedDown = false; } } else { UpTrendBuffer[shift]=bsmin[shift]; if(Line>0) UpTrendLine[shift]=bsmin[shift]; UpTrendSignal[shift]=-1; } if (Signal==2) UpTrendBuffer[shift]=0; DownTrendSignal[shift]=-1; DownTrendBuffer[shift]=-1.0; DownTrendLine[shift]=EMPTY_VALUE; } if (trend<0) { if (Signal>0 && DownTrendBuffer[shift+1]==-1.0) { DownTrendSignal[shift]=bsmax[shift]; DownTrendBuffer[shift]=bsmax[shift]; if(Line>0) DownTrendLine[shift]=bsmax[shift]; if (SoundON==true && shift==0 && !TurnedDown) { Alert("DodaCharts-BBands going Down on ",Symbol(),"-",Period()); TurnedDown = true; TurnedUp = false; } } else { DownTrendBuffer[shift]=bsmax[shift]; if(Line>0)DownTrendLine[shift]=bsmax[shift]; DownTrendSignal[shift]=-1; } if (Signal==2) DownTrendBuffer[shift]=0; UpTrendSignal[shift]=-1; UpTrendBuffer[shift]=-1.0; UpTrendLine[shift]=EMPTY_VALUE; } } ObjectSetText("mywebsite","Doda-Bollinger 1.0 | Powered by www.DodaCharts.com", 10, "Arial", Red); ObjectSet("mywebsite",OBJPROP_XDISTANCE,2); ObjectSet("mywebsite",OBJPROP_YDISTANCE,15); ObjectSet("mywebsite", OBJPROP_CORNER, 0); return(0); }