Market Indicator - Fractals

Fractals Code


//+------------------------------------------------------------------+
//| Fractals.mq4 |
//| Copyright © 2005, MetaQuotes Software Corp. |
//| http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, MetaQuotes Software Corp."
#property link      "http://www.metaquotes.net"

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Blue
//---- input parameters

//---- buffers
double ExtUpFractalsBuffer[]; double ExtDownFractalsBuffer[]; //+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
  {
//---- indicator buffers mapping
    SetIndexBuffer(0,ExtUpFractalsBuffer); SetIndexBuffer(1,ExtDownFractalsBuffer); //---- drawing settings
    SetIndexStyle(0,DRAW_ARROW); SetIndexArrow(0,119); SetIndexStyle(1,DRAW_ARROW); SetIndexArrow(1,119); //----
    SetIndexEmptyValue(0,0.0); SetIndexEmptyValue(1,0.0); //---- name for DataWindow
    SetIndexLabel(0,"Fractal Up"); SetIndexLabel(1,"Fractal Down"); //---- initialization done
   return(0); }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
  {
//---- TODO: add your code here
  
//----
   return(0); }
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
  {
   int    i,nCountedBars; bool   bFound; double dCurrent; nCountedBars=IndicatorCounted(); //---- last counted bar will be recounted
   if(nCountedBars<=2)
      i=Bars-nCountedBars-3; if(nCountedBars>2)
     {
      nCountedBars--; i=Bars-nCountedBars-1; }
//----Up and Down Fractals
   while(i>=2)
     {
      //----Fractals up
      bFound=false; dCurrent=High[i]; if(dCurrent>High[i+1] && dCurrent>High[i+2] && dCurrent>High[i-1] && dCurrent>High[i-2])
        {
         bFound=true; ExtUpFractalsBuffer[i]=dCurrent; }
      //----6 bars Fractal
      if(!bFound && (Bars-i-1)>=3)
        {
         if(dCurrent==High[i+1] && dCurrent>High[i+2] && dCurrent>High[i+3] && dCurrent>High[i-1] && dCurrent>High[i-2])
           {
            bFound=true; ExtUpFractalsBuffer[i]=dCurrent; }
        }        
      //----7 bars Fractal
      if(!bFound && (Bars-i-1)>=4)
        {  
         if(dCurrent>=High[i+1] && dCurrent==High[i+2] && dCurrent>High[i+3] && dCurrent>High[i+4] && dCurrent>High[i-1] && dCurrent>High[i-2])
           {
            bFound=true; ExtUpFractalsBuffer[i]=dCurrent; }
        } 
      //----8 bars Fractal
      if(!bFound && (Bars-i-1)>=5)
        {  
         if(dCurrent>=High[i+1] && dCurrent==High[i+2] && dCurrent==High[i+3] && dCurrent>High[i+4] && dCurrent>High[i+5] && dCurrent>High[i-1] && dCurrent>High[i-2])
           {
            bFound=true; ExtUpFractalsBuffer[i]=dCurrent; }
        }
      //----9 bars Fractal
      if(!bFound && (Bars-i-1)>=6)
        {  
         if(dCurrent>=High[i+1] && dCurrent==High[i+2] && dCurrent>=High[i+3] && dCurrent==High[i+4] && dCurrent>High[i+5] && dCurrent>High[i+6] && dCurrent>High[i-1] && dCurrent>High[i-2])
           {
            bFound=true; ExtUpFractalsBuffer[i]=dCurrent; }
        }                                   
      //----Fractals down
      bFound=false; dCurrent=Low[i]; if(dCurrent<Low[i+1] && dCurrent<Low[i+2] && dCurrent<Low[i-1] && dCurrent<Low[i-2])
        {
         bFound=true; ExtDownFractalsBuffer[i]=dCurrent; }
      //----6 bars Fractal
      if(!bFound && (Bars-i-1)>=3)
        {
         if(dCurrent==Low[i+1] && dCurrent<Low[i+2] && dCurrent<Low[i+3] && dCurrent<Low[i-1] && dCurrent<Low[i-2])
           {
            bFound=true; ExtDownFractalsBuffer[i]=dCurrent; }                     
        }        
      //----7 bars Fractal
      if(!bFound && (Bars-i-1)>=4)
        {  
         if(dCurrent<=Low[i+1] && dCurrent==Low[i+2] && dCurrent<Low[i+3] && dCurrent<Low[i+4] && dCurrent<Low[i-1] && dCurrent<Low[i-2])
           {
            bFound=true; ExtDownFractalsBuffer[i]=dCurrent; }                     
        } 
      //----8 bars Fractal
      if(!bFound && (Bars-i-1)>=5)
        {  
         if(dCurrent<=Low[i+1] && dCurrent==Low[i+2] && dCurrent==Low[i+3] && dCurrent<Low[i+4] && dCurrent<Low[i+5] && dCurrent<Low[i-1] && dCurrent<Low[i-2])
           {
            bFound=true; ExtDownFractalsBuffer[i]=dCurrent; }                     
        }
      //----9 bars Fractal
      if(!bFound && (Bars-i-1)>=6)
        {  
         if(dCurrent<=Low[i+1] && dCurrent==Low[i+2] && dCurrent<=Low[i+3] && dCurrent==Low[i+4] && dCurrent<Low[i+5] && dCurrent<Low[i+6] && dCurrent<Low[i-1] && dCurrent<Low[i-2])
           {
            bFound=true; ExtDownFractalsBuffer[i]=dCurrent; }                     
        }                                   
      i--; }
//----
   return(0); }
//+------------------------------------------------------------------+