3end Indicator For MT4

3end Indicator For MT4

The 3end Indicator For MT4 shows the perfect buying and selling spot in the price chart. Usually, red circular marking in the indicator window means the bulls are becoming more aggressive and ready to push the price higher. On the contrary, green circular marking in the indicators window shows the bears are getting in control of this market. Though it might be a messy indicator it can give you precise information regarding the overbought and oversold condition of the trading instrument.

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Installing the 3end Indicator For MT4

After you downloaded the indicator via the form above you need to unzip the zip-file. Then you need to copy the file 3end.mq4 into the folder MQL4\Indicators of your MT4 installation. After that please restart MT4 and then you will be able to see the indicator in the list of indicators.

Parameters of the 3end Indicator For MT4

The 3end Indicator For MT4 has 5 parameters to configure.

extern string NameCross   ="GBPCHF"; // Íàèìåíîâàíèå êðîññà
extern string NameMain1   ="GBPUSD"; // Íàèìåíîâàíèå îñíîâíîé ïàðû 1
extern string NameMain2   ="USDCHF"; // Íàèìåíîâàíèå îñíîâíîé ïàðû 2
extern int    NumberOfBars=1000;     // Êîëè÷åñòâî áàðîâ îáñ÷¸òà (0-âñå)
extern bool   Perevorot   =false;    // Ïåðåâîðà÷èâàåò èíäþêà îòíîñèòåëüíî ãîðèçîíòàëüíîé îñè.

Buffers of the 3end Indicator For MT4

The 3end Indicator For MT4 provides 4 buffers.

SetIndexBuffer(0, buf0);
SetIndexBuffer(1, buf1);
SetIndexBuffer(2, buf2);
SetIndexBuffer(3, buf3);

Main Parts Of The Code

  void start()
  {
   int LoopBegin, sh;
   if (NumberOfBars==0) LoopBegin=Bars-1;
   else LoopBegin=NumberOfBars-1;
   int barscross=iBars(NameCross,0);
   int barsmain2=iBars(NameMain2,0);
   int barsmain1=iBars(NameMain1,0);
   int limit=MathMin(MathMin(barsmain1,barsmain2),barscross);
   LoopBegin=MathMin(Bars-1, LoopBegin);
   LoopBegin=MathMin(limit,LoopBegin);
   for(sh=LoopBegin; sh gt =0; sh--)
     {
      P1=(iClose(NameMain1, 0, sh)*iClose(NameMain2, 0, sh)-iClose(NameCross, 0, sh))*3;
      P2=(iClose(NameMain1, 0, sh)-iClose(NameCross, 0, sh)/iClose(NameMain2, 0, sh))*3;
      P3=(iClose(NameMain2, 0, sh)-iClose(NameCross, 0, sh)/iClose(NameMain1, 0, sh))*3;
        if (Perevorot) {P1=P1*(-1);P2=P2*(-1);P3=P3*(-1);
     }
      C=iClose(Symbol(), 0, sh);
      P1=P1+C;
      P2=P2+C;
      P3=P3+C;
      P=(P1+P2+P3)/3;
      //    Comment(P," ",P1," ",P2," ",P3);
      buf0[sh]=P;
      buf1[sh]=C;
      if (P gt C) buf2[sh]=C;
      if (P lt C) buf3[sh]=C;
     }
  }
//+------------------------------------------------------------------+

 

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