Hi all,
I'm beginning to not trust my broker's MT4 feed. I'd like to compare this indicator in MT3's charting vs. the MT4. It's very, very simple - can anyone convert it for me? It's VERY good for determining when breakouts are about to occur.
Thank you!
SB
Code:
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Aqua
#property indicator_color2 Aqua
//#property indicator_width1 5
//#property indicator_width2 5
extern int period = 8;
double vftop[];
double vfbot[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorBuffers(2);
SetIndexBuffer(0, vfbot);
SetIndexStyle(0, DRAW_ARROW);
SetIndexArrow(0, 117);
SetIndexEmptyValue(0, 0);
SetIndexBuffer(1, vftop);
SetIndexStyle(1, DRAW_ARROW);
SetIndexArrow(1, 117);
SetIndexEmptyValue(1, 0);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int i = Bars - counted_bars;
if(counted_bars == 0) i = Bars - period*2;
int j = 0;
double t1, t2;
while(i >= 0)
{
t1 = Low[i];
t2 = High[i];
for(j = i+1; j < i + period; j++)
{
t1 = MathMax(t1, Low[j]);
t2 = MathMin(t2, High[j]);
}
if(t1 <= t2)
{
vftop[i] = t2;
vfbot[i] = t1;
}
i--;
}
//----
return(0);
}
//+------------------------------------------------------------------+