This is an addendum to the previous Trend Line post. It has a different version of a similar style of Trend Line Trading.
Code:
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Blue /*Original #property indicator_color1 Red. Color of Upper TD Points*/
#property indicator_color2 Blue /*Original #property indicator_color2 Blue. Color of Lower TD Points*/
//---- input parameters
/* Mod 02: only one step, no back steps, only one target, no fractal trendlines,
no large arrow option for TD points, and added user changable colours and styles*/
/* Mod 03: Alerts Added. Horizontal Lines indicating where projections start from and
where alerts should be determined from re-enabled with Default of False.*/
/* Mod 03B: Bug where TD Points and TD Lines drawn in wrong place for
double, triple and quadruple tops or bottoms is fixed*/
extern bool AlertsOn=true; // Line added. Default is true.
extern bool Comments=True; /*Optional Comments. Default is false. Orginal variable called "Commen"*/
extern bool TrendLine=True; /*Default is true to draw current TD Lines*/
extern int TrendLineStyle=STYLE_DOT; /*STYLE>_SOLID=0,DASH=1,_DOT=2,_DASHDOT=3,_DASHDDOTDOT=4. Line of code added from original.*/
extern int TrendLineWidth=2; /*Thinnest or allow dots and dashes = 0 or 1, Thinner=2, Medium=3,Thicker=4,Thickest=5. Line of code added from original.*/
extern color UpperTrendLineColour=LimeGreen; /*Line of code added from original.*/
extern color LowerTrendLineColour=Red; /*Line of code added from original.*/
extern bool ProjectionLines=True; /*Default is True. These are the TD Price Projections. Original variable called "Take Prof"*/
extern int ProjectionLinesStyle=STYLE_SOLID; /*STYLE>_SOLID=0,DASH=1,_DOT=2,_DASHDOT=3,_DASHDDOTDOT=4. Line of code added from original.*/
extern int ProjectionLinesWidth=3; /*Thinnest or allow dots and dashes = 0 or 1, Thinner=2, Medium=3,Thicker=4,Thickest=5. Line of code added from original.*/
extern color UpperProjectionLineColour=Green; /*Line of code added from original.*/
extern color LowerProjectionLineColour=Crimson;/*Line of code added from original.*/
extern bool HorizontLine=False; /*Default is false. It seems the Horizontal Lines are were the code predicts price may cross TD line.*/
//----
bool TD=False; /*Default is false. True setting draws up and down arrows instead of dots on TD Points creating more clutter.*/
int BackSteps=0; /*Used to be extern int now just int. Leave at 0*/
int ShowingSteps=1; /*Used to be extern int now just int. Leave at 1*/
bool FractalAsTD=false; /*Used to be extern bool now just bool. Leave at false, otherwise Trend Lines based on Fractal Points not TD Points*/
//----
double TrendLineBreakUp=-1; //Line added.
bool TrendLineBreakUpFlag=False; //Line added.
double TrendLineBreakDown=-1; //Line added.
bool TrendLineBreakDownFlag=False; //Line added.
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int init()
{
SetIndexStyle(0,DRAW_ARROW);
SetIndexArrow(0,217);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexEmptyValue(0,0.0);
SetIndexStyle(1,DRAW_ARROW);
SetIndexArrow(1,218);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexEmptyValue(1,0.0);
for(int i=1;i<=10;i++)
{
ObjectDelete("HHL_"+i);ObjectDelete("HL_"+i);
ObjectDelete("HLL_"+i);ObjectDelete("LL_"+i);
ObjectDelete("HC1_"+i);
ObjectDelete("HC2_"+i);
ObjectDelete("HC3_"+i);
ObjectDelete("LC1_"+i);
ObjectDelete("LC2_"+i);
ObjectDelete("LC3_"+i);
}
Comment("");
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int deinit()
{
for(int i=1;i<=10;i++)
{
ObjectDelete("HHL_"+i);ObjectDelete("HL_"+i);
ObjectDelete("HLL_"+i);ObjectDelete("LL_"+i);
ObjectDelete("HC1_"+i);
ObjectDelete("HC2_"+i);
ObjectDelete("HC3_"+i);
ObjectDelete("LC1_"+i);
ObjectDelete("LC2_"+i);
ObjectDelete("LC3_"+i);
}
Comment("");
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int SetTDPoint(int B)//It seems B is the same as IndicatorCounted() function
{
int shift;
if (FractalAsTD==false)
{
//Print("B = ",B);
//Print("Bars = ",Bars);
//Print("IndicatorCounted() = ",IndicatorCounted());
for(shift=B;shift>1;shift--)
{
if (High[shift+1]<High[shift] && High[shift-1]<High[shift])// determine single top TD Point
ExtMapBuffer1[shift]=High[shift];// determine single top TD Point
if (High[shift+2]<High[shift] && High[shift+1]==High[shift]&& High[shift-1]<High[shift])//I added for double top
ExtMapBuffer1[shift]=High[shift];//I added for double top
if (High[shift+3]<High[shift] && High[shift+2]==High[shift]&& High[shift+1]==High[shift]//I added for triple top
&& High[shift-1]<High[shift]) //I added for triple top
ExtMapBuffer1[shift]=High[shift];//I added for triple top
if (High[shift+4]<High[shift] && High[shift+3]==High[shift]&& High[shift+2]==High[shift]//I added for quadruple top
&& High[shift+1]==High[shift] //I added for quadruple top
&& High[shift-1]<High[shift]) //I added for quadruple top
ExtMapBuffer1[shift]=High[shift];//I added for quadruple top
if (High[shift-1]>=High[shift]) //I added for new way to determine Non-TD High Point
ExtMapBuffer1[shift]=0; //I added for new way to determine Non-TD High Point
//else ExtMapBuffer1[shift]=0;
if (Low[shift+1]>Low[shift] && Low[shift-1]>Low[shift])// determine single bottom TD Point
ExtMapBuffer2[shift]=Low[shift]; // determine single bottom TD Point
if (Low[shift+2]>Low[shift] && Low[shift+1]==Low[shift] && Low[shift-1]>Low[shift])//I added for double bottom
ExtMapBuffer2[shift]=Low[shift]; //I added for double bottom
if (Low[shift+3]>Low[shift] && Low[shift+2]==Low[shift] && Low[shift+1]==Low[shift]//I added for triple bottom
&& Low[shift-1]>Low[shift]) //I added for triple bottom
ExtMapBuffer2[shift]=Low[shift]; //I added for triple bottom
if (Low[shift+4]>Low[shift] && Low[shift+3]==Low[shift]&& Low[shift+2]==Low[shift] && Low[shift+1]==Low[shift]//I added for quadruple bottom
&& Low[shift-1]>Low[shift]) //I added for quadruple bottom
ExtMapBuffer2[shift]=Low[shift]; //I added for quadruple bottom
if (Low[shift-1]<=Low[shift]) //I added
ExtMapBuffer2[shift]=0; //I added
//else ExtMapBuffer2[shift]=0;
}
ExtMapBuffer1[0]=0;
ExtMapBuffer2[0]=0;
ExtMapBuffer1[1]=0;
ExtMapBuffer2[1]=0;
}
else
{
for(shift=B;shift>3;shift--)
{
if (High[shift+1]<=High[shift] && High[shift-1]<High[shift] && High[shift+2]<=High[shift] && High[shift-2]<High[shift])
ExtMapBuffer1[shift]=High[shift];
else ExtMapBuffer1[shift]=0;
if (Low[shift+1]>=Low[shift] && Low[shift-1]>Low[shift] && Low[shift+2]>=Low[shift] && Low[shift-2]>Low[shift])
ExtMapBuffer2[shift]=Low[shift];
else ExtMapBuffer2[shift]=0;
}
ExtMapBuffer1[0]=0;
ExtMapBuffer2[0]=0;
ExtMapBuffer1[1]=0;
ExtMapBuffer2[1]=0;
ExtMapBuffer1[2]=0;
ExtMapBuffer2[2]=0;
}
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int GetHighTD(int P)
{
int i=0,j=0;
while(j<P)
{
i++;
while(ExtMapBuffer1[i]==0)
{i++;if(i>Bars-2)return(-1);}
j++;
}
return(i);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int GetNextHighTD(int P)
{
int i=P+1;
while(ExtMapBuffer1[i]<=High[P]){i++;if(i>Bars-2)return(-1);}
return(i);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int GetLowTD(int P)
{
int i=0,j=0;
while(j<P)
{
i++;
while(ExtMapBuffer2[i]==0)
{i++;if(i>Bars-2)return(-1);}
j++;
}
return(i);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int GetNextLowTD(int P)
{
int i=P+1;
while(ExtMapBuffer2[i]>=Low[P] || ExtMapBuffer2[i]==0){i++;if(i>Bars-2)return(-1);}
return(i);
}
Comment