//+------------------------------------------------------------------ //| Stopreversal Mt4.mq4 //| //| //| Conversion only Dr. Gaines //| dr_richard_gaines@yahoo.com //| //+------------------------------------------------------------------ #property copyright " Dominic." #property link " http://www.metaquotes.net/" #property indicator_chart_window #include #property indicator_buffers 3 #property indicator_color1 Lime #property indicator_width1 2 #property indicator_color2 Red #property indicator_width2 2 extern double nPips = 0.004;// for calculation of arrows extern int StopPips =40; // for calculation of blue stop line ignored if UseATRStop is true extern bool UseATRStop = true;// extern double ATRmultiplier= 0.45; // double stop,atr; int LastTradeTime; double ExtHistoBuffer[]; double ExtHistoBuffer2[]; void SetLoopCount(int loops) { } void SetIndexValue(int shift, double value) { ExtHistoBuffer[shift] = value; } void SetIndexValue2(int shift, double value) { ExtHistoBuffer2[shift] = value; } int init() { SetIndexStyle(0, DRAW_ARROW, STYLE_SOLID); SetIndexArrow(0, 233); SetIndexBuffer(0, ExtHistoBuffer); SetIndexStyle(1, DRAW_ARROW, STYLE_SOLID); SetIndexArrow(1, 234); SetIndexBuffer(0, ExtHistoBuffer); SetIndexBuffer(1, ExtHistoBuffer2); return(0); } int deinit() { //---- for(int shift=Bars-2;shift>=0 ;shift--) { if (ObjectFind(TimeToStr(Time[shift]))>-1) ObjectDelete(TimeToStr(Time[shift])); } //---- return(0); } int start() { //+------------------------------------------------------------------ //| Local variables //+------------------------------------------------------------------ int shift = 0; double cnt = 0; double TrStopLevel = 0; double PREV = 0; double pass = 0; SetLoopCount(0); // loop from first bar to current bar (with shift=0) for(shift=Bars-2;shift>=0 ;shift--){ if( (Close[shift] == PREV) ) { TrStopLevel=PREV; } else { if( (Close[shift+1])PREV) && (Close[shift]>PREV) ) { TrStopLevel=MathMax(PREV,Close[shift]*(1-nPips)); } else { if( (Close[shift]>PREV) ) { TrStopLevel=Close[shift]*(1-nPips); } else TrStopLevel=Close[shift]* (1+nPips); } } } if( Close[shift] > TrStopLevel && Close[shift+1]-1) ObjectDelete(TimeToStr(Time[shift])); ObjectCreate(TimeToStr(Time[shift]),OBJ_TREND,0,Time[shift+1],stop,Time[shift],stop); ObjectSet(TimeToStr(Time[shift]),OBJPROP_RAY,0); ObjectSet(TimeToStr(Time[shift]),OBJPROP_COLOR,DodgerBlue); ObjectSet(TimeToStr(Time[shift]),OBJPROP_WIDTH,2); Comment(stop); //SetOrder(OP_BUY,1,ask,2,0,ask+TakeProfit*Point,blue); //Alert("buy"); SetIndexValue(shift, TrStopLevel); } if( Close[shift] < TrStopLevel && Close[shift+1]>PREV && PREV != 0 ) { //SetOrder(OP_SELL,1,bid,2,0,bid-TakeProfit*Point,Red); if (UseATRStop) { atr=iATR(NULL,0,14,shift); stop =NormalizeDouble(TrStopLevel+atr*ATRmultiplier,MarketInfo(Symbol(),MODE_DIGITS)); } else stop =NormalizeDouble(TrStopLevel+StopPips*Point,MarketInfo(Symbol(),MODE_DIGITS)); if (ObjectFind(TimeToStr(Time[shift]))>-1) ObjectDelete(TimeToStr(Time[shift])); ObjectCreate(TimeToStr(Time[shift]),OBJ_TREND,0,Time[shift+1],stop,Time[shift],stop); ObjectSet(TimeToStr(Time[shift]),OBJPROP_RAY,0); ObjectSet(TimeToStr(Time[shift]),OBJPROP_COLOR,DodgerBlue); ObjectSet(TimeToStr(Time[shift]),OBJPROP_WIDTH,2); SetIndexValue2(shift, TrStopLevel); Comment(stop); //Alert("Sell"); } PREV=TrStopLevel; //Alert(TrStopLevel); } return(0); }