#property copyright "Your Name"
#property link "Your Website"
#property version "1.00"
#property indicator_chart_window
//--- Input Parameters
input int lookbackLeft = 5; // Lookback Left Bars
input int lookbackRight = 5; // Lookback Right Bars
input bool showLabels = true; // Show Labels
input double riskPercent = 1.0; // Risk Per Trade (%)
input double stopLossPercent = 2.0; // Stop Loss (%)
input double takeProfitPercent = 4.0; // Take Profit (%)
//--- Global Variables
double highPivot, lowPivot;
datetime highPivotTime, lowPivotTime;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int OnInit()
{
//--- indicator buffers mapping
//---
return(INIT_SUCCEEDED);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total,
const int prev_calculated,
const datetime &time[],
const double &open[],
const double &high[],
const double &low[],
const double &close[],
const long &tick_volume[],
const long &volume[],
const int &spread[])
{
int start = prev_calculated > 0 ? prev_calculated - 1 : lookbackLeft +
lookbackRight;
for(int i = start; i < rates_total; i++)
{
//--- Find Swing High
highPivot = FindPivotHigh(high, i, lookbackLeft, lookbackRight);
if(!isNaN(highPivot))
{
highPivotTime = time[i];
if(showLabels)
{
string labelText = "H";
ObjectCreate("HighLabel_" + TimeToString(highPivotTime), OBJ_TEXT, 0,
highPivotTime, highPivot + SymbolInfoDouble(Symbol(), SYMBOL_POINT) * 10);
ObjectSetString("HighLabel_" + TimeToString(highPivotTime),
OBJPROP_TEXT, labelText);
ObjectSetInteger("HighLabel_" + TimeToString(highPivotTime),
OBJPROP_COLOR, clrRed);
ObjectSetInteger("HighLabel_" + TimeToString(highPivotTime),
OBJPROP_ANCHOR, ANCHOR_TOP);
}
}
//--- Find Swing Low
lowPivot = FindPivotLow(low, i, lookbackLeft, lookbackRight);
if(!isNaN(lowPivot))
{
lowPivotTime = time[i];
if(showLabels)
{
string labelText = "L";
ObjectCreate("LowLabel_" + TimeToString(lowPivotTime), OBJ_TEXT, 0,
lowPivotTime, lowPivot - SymbolInfoDouble(Symbol(), SYMBOL_POINT) * 10);
ObjectSetString("LowLabel_" + TimeToString(lowPivotTime), OBJPROP_TEXT,
labelText);
ObjectSetInteger("LowLabel_" + TimeToString(lowPivotTime),
OBJPROP_COLOR, clrGreen);
ObjectSetInteger("LowLabel_" + TimeToString(lowPivotTime),
OBJPROP_ANCHOR, ANCHOR_BOTTOM);
}
}
}
//--- return value of prev_calculated for next call
return(rates_total);
}
//+------------------------------------------------------------------+
//| Find Pivot High Function |
//+------------------------------------------------------------------+
double FindPivotHigh(const double &high[], int currentIndex, int lookbackLeft, int
lookbackRight)
{
for(int i = currentIndex - lookbackLeft; i <= currentIndex + lookbackRight; i++)
{
if(i == currentIndex)
continue;
if(i < 0 || i >= rates_total)
return NaN;
if(high[i] > high[currentIndex])
return NaN;
}
return high[currentIndex];
}
//+------------------------------------------------------------------+
//| Find Pivot Low Function |
//+------------------------------------------------------------------+
double FindPivotLow(const double &low[], int currentIndex, int lookbackLeft, int
lookbackRight)
{
for(int i = currentIndex - lookbackLeft; i <= currentIndex + lookbackRight; i++)
{
if(i == currentIndex)
continue;
if(i < 0 || i >= rates_total)
return NaN;
if(low[i] < low[currentIndex])
return NaN;
}
return low[currentIndex];
}
//+------------------------------------------------------------------+
//| Calculate Position Size Function |
//+------------------------------------------------------------------+
double CalculatePositionSize(double entryPrice, double stopPrice)
{
double riskAmount = AccountInfoDouble(ACCOUNT_EQUITY) * riskPercent / 100;
double priceDiff = MathAbs(entryPrice - stopPrice);
double posSize = riskAmount / priceDiff;
return posSize;
}
//+------------------------------------------------------------------+
//| Expert tick function |
//+------------------------------------------------------------------+
void OnTick()
{
//---
}
//+------------------------------------------------------------------+
