fxcodebase-backup
BWLIC indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=1606
Forum: 17 · Topic 1606 · 6 post(s)
BWLIC indicator
Alexander.Gettinger · Wed Jul 28, 2010 12:30 am
Line1=minimum price for [Days] last days, Line5=maximum price for [Days] last days; Line3=medium price for Line1 and Line5, Line2=medium price for Line1 and Line3, Line4=medium price for Line3 and Line5.
Code: Select all `function Init() indicator:name(“BWLIC indicator”); indicator:description(“”); indicator:requiredSource(core.Bar); indicator:type(core.Indicator);
indicator.parameters:addInteger(“Days”, “Days”, “No description”, 23); indicator.parameters:addColor(“Color1”, “Color 1”, “Color 1”, core.rgb(0, 255, 0)); indicator.parameters:addColor(“Color2”, “Color 2”, “Color 2”, core.rgb(0, 255, 0)); indicator.parameters:addColor(“Color3”, “Color 3”, “Color 3”, core.rgb(255, 0, 0)); indicator.parameters:addColor(“Color4”, “Color 4”, “Color 4”, core.rgb(0, 0, 255)); indicator.parameters:addColor(“Color5”, “Color 5”, “Color 5”, core.rgb(0, 0, 255)); end
local first; local source = nil; local buff1; local buff2; local buff3; local buff4; local buff5; local Days;
function Prepare() Days = instance.parameters.Days; source = instance.source; first = source:first(); local name = profile:id() .. “(“ .. source:name() .. “, “ .. Days .. “)”; instance:name(name); buff1 = instance:addStream(“line1”, core.Line, name .. “.line1”, “line1”, instance.parameters.Color1, first); buff2 = instance:addStream(“line2”, core.Line, name .. “.line2”, “line2”, instance.parameters.Color2, first); buff3 = instance:addStream(“line3”, core.Line, name .. “.line3”, “line3”, instance.parameters.Color3, first); buff4 = instance:addStream(“line4”, core.Line, name .. “.line4”, “line4”, instance.parameters.Color4, first); buff5 = instance:addStream(“line5”, core.Line, name .. “.line5”, “line5”, instance.parameters.Color5, first); end
function Update(period, mode) if (period>first) then local d,t,d1,t1; local TimeDiff; local PriceMin=source.low[period]; local PriceMax=source.high[period]; d,t=source:date(period); for i=first,period-1,1 do d1,t1=source:date(i); TimeDiff=d-d1; if TimeDiff<=Days then PriceMin=math.min(PriceMin,source.low[i]); PriceMax=math.max(PriceMax,source.high[i]); end end local m=(PriceMin+PriceMax)/2.; for i=first,period,1 do buff1[i]=PriceMin; buff2[i]=(PriceMin+m)/2.; buff3[i]=m; buff4[i]=(PriceMax+m)/2.; buff5[i]=PriceMax; end end end`
The indicator was revised and updated
Re: BWLIC indicator
fxcyberman · Mon May 27, 2013 11:12 am
can it be modified to use at low time frame. like m5, m30, h1..etc ? Thanks in advance.
Re: BWLIC indicator
Apprentice · Sun Jun 02, 2013 11:46 am
Have you try to use Data Source Period Selector
Re: BWLIC indicator
fxcyberman · Sun Jun 09, 2013 1:35 pm
Sorry, already tried. It doesn’t work for lower time frame.
Re: BWLIC indicator
Apprentice · Mon Jun 10, 2013 3:41 am
For lower time frames, this is not possible, at least not with this method of presentation. For example … If u use H1 Chart Time Frame. For every line You’ll will have two lines on m30, four lines on m15 and so on ….
Re: BWLIC indicator
Apprentice · Tue May 23, 2017 6:05 am
Indicator was revised and updated.