//+------------------------------------------------------------------+ //| ZigZag Pointer.mq4 | //| zigzag modified by Dr. Gaines | //| dr_richard_gaines@yahoo.com | //| http://www.metaquotes.net | //+------------------------------------------------------------------+ #property copyright "dr_richard_gaines" #property link "http://www.metaquotes.net/" #property indicator_chart_window #property indicator_buffers 2 #property indicator_color1 Lime #property indicator_width1 1 #property indicator_color2 Red #property indicator_width2 1 //---- indicator parameters extern int ExtDepth=100; extern int ExtDeviation=75; extern int ExtBackstep=15; extern bool SendAnEmail=false; //---- indicator buffers double ExtMapBuffer[]; double ExtMapBuffer2[]; int OldLastZigZag, OldPreviousZigZag; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { IndicatorBuffers(2); //---- drawing settings SetIndexStyle(0,DRAW_ARROW); SetIndexArrow(0, 233); SetIndexStyle(1,DRAW_ARROW); SetIndexArrow(1, 234); //---- indicator buffers mapping SetIndexBuffer(0,ExtMapBuffer); SetIndexBuffer(1,ExtMapBuffer2); SetIndexEmptyValue(0,0.0); //---- indicator short name IndicatorShortName("ZigZag("+ExtDepth+","+ExtDeviation+","+ExtBackstep+")"); //---- initialization done 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=0; shift--) { curlow=ExtMapBuffer[shift]; curhigh=ExtMapBuffer2[shift]; if((curlow==0)&&(curhigh==0)) continue; //--- if(curhigh!=0) { if(lasthigh>0) { if(lasthigh0) { if(lastlow>curlow) ExtMapBuffer[lastlowpos]=0; else ExtMapBuffer[shift]=0; } //--- if((curlow=0; shift--) { if(shift>=Bars-ExtDepth) ExtMapBuffer[shift]=0.0; else { res=ExtMapBuffer2[shift]; if(res!=0.0) ExtMapBuffer2[shift]=res; } int i=0; int LastZigZag, PreviousZigZag; int h=0; while ( ExtMapBuffer[h]==0 && ExtMapBuffer2[h]==0) { h++; } LastZigZag=h; h++; while(ExtMapBuffer[h]==0 && ExtMapBuffer2[h]==0) { h++; } PreviousZigZag=h; if (OldLastZigZag!=LastZigZag || OldPreviousZigZag!=PreviousZigZag) { if(OldLastZigZag>LastZigZag) { Alert("Possible change in direction... (M",Period()," ",Symbol(),")"); if (SendAnEmail) SendMail("Possible change in direction", "(M" + Period() + " " + Symbol() + ")"); } OldLastZigZag=LastZigZag; OldPreviousZigZag=PreviousZigZag; //ObjectDelete("Fibo"); //ObjectCreate("Fibo", OBJ_FIBO, 0, Time[PreviousZigZag], ExtMapBuffer[LastZigZag], Time[LastZigZag], ExtMapBuffer[PreviousZigZag]); } if (OldLastZigZag!=LastZigZag || OldPreviousZigZag!=PreviousZigZag) { if(OldLastZigZag