| //+------------------------------------------------------------------+
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| //| Parabolic Channel.mq5 |
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| //| Copyright 2009-2025, MetaQuotes Ltd |
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| //| https://www.mql5.com |
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| //+------------------------------------------------------------------+
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| #property copyright "2009-2025, MetaQuotes Ltd"
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| #property link "http://www.mql5.com"
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| #property description "Parabolic Channel"
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|
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| #property indicator_chart_window
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| #property indicator_buffers 3
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| #property indicator_plots 3
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| #property indicator_type1 DRAW_LINE
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| #property indicator_color1 clrRoyalBlue
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| #property indicator_style1 STYLE_SOLID
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| #property indicator_width1 1
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| #property indicator_type2 DRAW_ARROW
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| #property indicator_width2 2
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| #property indicator_color2 clrDeepSkyBlue
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| #property indicator_type3 DRAW_LINE
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| #property indicator_color3 clrDarkOrange
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| #property indicator_style3 STYLE_SOLID
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| #property indicator_width3 1
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| //--- labels
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| #property indicator_label1 "Upper"
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| #property indicator_label2 "Parabolic"
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| #property indicator_label3 "Lower "
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|
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| //--- input parameters
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| input double InpSARStep =0.02; // Step
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| input double InpSARMaximum=0.2; // Maximum
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| input bool InpShowLabel =true; // Show price of level
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|
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| //--- indicator buffers
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| double ExtUpperBuffer[];
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| double ExtParabolicBuffer[];
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| double ExtLowerBuffer[];
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|
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| //--- indicator handle
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| int ExtParabolicHandle;
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| //--- unique prefix for indicator objects
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| string ExtPrefixUniq;
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| //--- current chart scale
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| long ExtChartScale=2;
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| //--- price labels should not be shown on the built-in VPS
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| bool ExtShowLabel=false;
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| //+------------------------------------------------------------------+
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| //| Custom indicator initialization function |
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| //+------------------------------------------------------------------+
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| int OnInit()
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| {
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| //--- if the indicator is running on the built-in VPS, price labels should not be shown
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| if(!TerminalInfoInteger(TERMINAL_VPS))
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| ExtShowLabel=InpShowLabel;
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|
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| //--- define buffers
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| SetIndexBuffer(0, ExtUpperBuffer);
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| SetIndexBuffer(1, ExtParabolicBuffer);
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| SetIndexBuffer(2, ExtLowerBuffer);
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| PlotIndexSetInteger(1,PLOT_ARROW,159);
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|
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| //--- indicator name
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| IndicatorSetString(INDICATOR_SHORTNAME, "Parabolic Channel");
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| //--- number of digits of indicator value
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| IndicatorSetInteger(INDICATOR_DIGITS, _Digits);
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|
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| //--- create indicators
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| ExtParabolicHandle=iSAR(NULL,0,InpSARStep,InpSARMaximum);
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|
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| //--- prepare prefix for objects
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| string number=StringFormat("%I64d", GetTickCount64());
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| ExtPrefixUniq=StringSubstr(number, StringLen(number)-4);
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| ExtPrefixUniq=ExtPrefixUniq+"_PS";
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| Print("Indicator \"Parabolic Channels\" started, prefix=", ExtPrefixUniq);
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|
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| return(INIT_SUCCEEDED);
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| }
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| //+------------------------------------------------------------------+
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| //| Custom indicator iteration function |
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| //+------------------------------------------------------------------+
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| int OnCalculate(const int rates_total,
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| const int prev_calculated,
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| const datetime &time[],
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| const double &open[],
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| const double &high[],
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| const double &low[],
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| const double &close[],
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| const long &tick_volume[],
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| const long &volume[],
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| const int &spread[])
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| {
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| //--- write Parabolic SAR indicator values to the buffer
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| if(CopyBuffer(ExtParabolicHandle, 0, 0, rates_total, ExtParabolicBuffer)<0)
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| return(0);
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|
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| //--- start calculations from the bar preceding the last one
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| int start=prev_calculated-2;
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|
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| //--- if this is the first calculation of the indicator
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| if(prev_calculated==0)
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| {
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| start=1;
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| ArrayFill(ExtUpperBuffer,0,rates_total,0);
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| ArrayFill(ExtLowerBuffer,0,rates_total,0);
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| ExtUpperBuffer[start-1]=close[start-1];
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| ExtLowerBuffer[start-1]=open[start-1];
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| }
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| for(int i=start; i<rates_total; i++)
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| {
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| ExtUpperBuffer[i]=ExtUpperBuffer[i-1];
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| ExtLowerBuffer[i]=ExtLowerBuffer[i-1];
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|
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| //--- check if the parabolic has jumped down
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| if(close[i]>ExtParabolicBuffer[i] && close[i-1]<ExtParabolicBuffer[i-1])
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| ExtLowerBuffer[i]=ExtParabolicBuffer[i];
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|
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| //--- check if the parabolic has jumped up
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| if(close[i]<ExtParabolicBuffer[i] && close[i-1]>ExtParabolicBuffer[i-1])
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| ExtUpperBuffer[i]=ExtParabolicBuffer[i];
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| }
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|
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| //--- draw labels on levels
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| if(ExtShowLabel)
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| {
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| ShowPriceLevels(time[rates_total-1], rates_total-1);
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| ChartRedraw();
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| }
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|
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| //--- succesfully calculated
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| return(rates_total);
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| }
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| //+------------------------------------------------------------------+
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| //| Custom indicator deinitialization function |
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| //+------------------------------------------------------------------+
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| void OnDeinit(const int reason)
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| {
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| //--- delete all our graphical objects after use
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| Print("Indicator \"Parabolic Channel\" stopped, delete all objects with prefix=", ExtPrefixUniq);
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| ObjectsDeleteAll(0, ExtPrefixUniq, 0, OBJ_ARROW_RIGHT_PRICE);
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| ChartRedraw(0);
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| }
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| //+------------------------------------------------------------------+
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| //| Handles CHARTEVENT_CHART_CHANGE to track chart window updates |
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| //+------------------------------------------------------------------+
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| void OnChartEvent(const int id, const long& lparam, const double& dparam, const string& sparam)
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| {
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| if(id==CHARTEVENT_CHART_CHANGE)
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| if(!ChartGetInteger(0, CHART_SCALE, 0, ExtChartScale))
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| {
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| //--- output an error message to the Experts journal
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| Print(__FUNCTION__+", ChartGetInteger(CHART_SCALE) failed, error = ", GetLastError());
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| }
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| //---
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| }
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| //+------------------------------------------------------------------+
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| //| Show prices' levels |
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| //+------------------------------------------------------------------+
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| void ShowPriceLevels(datetime time, int last_index)
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| {
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| ShowRightPrice(ExtPrefixUniq+"_Upper", time, ExtUpperBuffer[last_index], clrRoyalBlue);
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| ShowRightPrice(ExtPrefixUniq+"_Parabolic", time, ExtParabolicBuffer[last_index], clrDeepSkyBlue);
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| ShowRightPrice(ExtPrefixUniq+"_Lower", time, ExtLowerBuffer[last_index], clrDarkOrange);
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| }
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| //+------------------------------------------------------------------+
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| //| Create or Update "Right Price Label" object |
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| //+------------------------------------------------------------------+
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| bool ShowRightPrice(const string name, datetime time, double price, color clr)
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| {
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| if(!ObjectCreate(0, name, OBJ_ARROW_RIGHT_PRICE, 0, time, price))
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| {
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| ObjectMove(0, name, 0, time, price);
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| return(false);
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| }
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|
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| //--- adjust label size based on chart scale
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| int width=ExtChartScale>1 ? 2:1; // if chart scale > 1, then label size = 2
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|
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| ObjectSetInteger(0, name, OBJPROP_COLOR, clr);
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| ObjectSetInteger(0, name, OBJPROP_STYLE, STYLE_SOLID);
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| ObjectSetInteger(0, name, OBJPROP_WIDTH, width);
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| ObjectSetInteger(0, name, OBJPROP_BACK, false);
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| ObjectSetInteger(0, name, OBJPROP_SELECTABLE, false);
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| ObjectSetInteger(0, name, OBJPROP_SELECTED, false);
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| ObjectSetInteger(0, name, OBJPROP_HIDDEN, true);
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| ObjectSetInteger(0, name, OBJPROP_ZORDER, 0);
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|
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| return(true);
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| }
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| //+------------------------------------------------------------------+
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