MQL5Book/Indicators/p5/IndColorWPR.mq5

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2025-05-30 16:09:41 +02:00
//+------------------------------------------------------------------+
//| IndColorWPR.mq5 |
//| Copyright 2021, MetaQuotes Ltd. |
//| https://www.mql5.com |
//+------------------------------------------------------------------+
#property copyright "2021, MetaQuotes Ltd."
#property link "https://www.mql5.com"
#property description "Larry Williams Percent Range Colored"
// indicator settings
#property indicator_separate_window
#property indicator_maximum 0.0
#property indicator_minimum -100.0
// indicator buffers and plots
#property indicator_buffers 2
#property indicator_plots 1
#property indicator_type1 DRAW_COLOR_LINE
#property indicator_color1 clrDodgerBlue,clrGreen,clrRed
// indicator levels
#property indicator_level1 -20.0
#property indicator_level2 -80.0
#property indicator_levelstyle STYLE_DOT
#property indicator_levelcolor clrSilver
#property indicator_levelwidth 1
#include "..\..\Include\IndCommon.mqh"
// input parameters
input int WPRPeriod = 14; // Period
// indicator buffers
double WPRBuffer[];
double WPRColors[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
void OnInit()
{
// check input value validity
if(WPRPeriod < 1)
{
Alert(StringFormat("Incorrect Period value (%d). Should be 1 or larger", WPRPeriod));
}
// map indicator buffer
SetIndexBuffer(0, WPRBuffer);
SetIndexBuffer(1, WPRColors, INDICATOR_COLOR_INDEX);
// notify other programs about empty first elements in our buffer
PlotIndexSetInteger(0, PLOT_DRAW_BEGIN, WPRPeriod - 1);
// set name for Data Window and indicator subwindow caption
IndicatorSetString(INDICATOR_SHORTNAME, "%R" + "(" + (string)WPRPeriod + ")");
IndicatorSetInteger(INDICATOR_DIGITS, 2);
}
//+------------------------------------------------------------------+
//| Williams Percent Range |
//+------------------------------------------------------------------+
int OnCalculate(ON_CALCULATE_STD_FULL_PARAM_LIST)
{
// skip calculations on insufficient data or invalid period
if(rates_total < WPRPeriod || WPRPeriod < 1) return 0;
// since we set PLOT_DRAW_BEGIN property
// we don't need an explicit clean-up if this indicator is supposed
// to provide data to other indicator via 'Apply to' feature,
// but we still need it if this indicator is called from other MQL5 code
if(prev_calculated == 0)
{
if(rates_total > TerminalInfoInteger(TERMINAL_MAXBARS))
{
PrintFormat("Warning: oldest historic bars are hidden (available=%d, visible=%d)",
rates_total, TerminalInfoInteger(TERMINAL_MAXBARS));
}
ArrayFill(WPRBuffer, 0, WPRPeriod - 1, EMPTY_VALUE);
}
// main cycle of WPR calculation with update of the last bar
for(int i = fmax(prev_calculated - 1, WPRPeriod - 1); i < rates_total && !IsStopped(); i++)
{
double max_high = high[fmax(ArrayMaximum(high, i - WPRPeriod + 1, WPRPeriod), 0)];
double min_low = low[fmax(ArrayMinimum(low, i - WPRPeriod + 1, WPRPeriod), 0)];
if(max_high != min_low)
{
WPRBuffer[i] = -(max_high - close[i]) * 100 / (max_high - min_low);
}
else
{
WPRBuffer[i] = WPRBuffer[i - 1];
}
// default color is clrDodgerBlue
WPRColors[i] = 0;
// if new value goes over upper level, color it with clrRed
if(WPRBuffer[i] > -20) WPRColors[i] = 2;
// otherwise if it goes below lower level, color it with clrGreen
else if(WPRBuffer[i] < -80) WPRColors[i] = 1;
/*
// alternative (more strict) coloring with analysis of both adjacent points
if(WPRBuffer[i] > -20 && WPRBuffer[i - 1] > -20) WPRColors[i] = 2;
else if(WPRBuffer[i] < -80 && WPRBuffer[i - 1] < -80) WPRColors[i] = 1;
*/
}
return rates_total;
}
//+------------------------------------------------------------------+