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Working with price data

Working with price dataWorking with Price Data

iHigh(), iLow(), iOpen(),iClose()

A very flexible level of functionality. The price data function refers to the price data of a customizable symbol and/or time frame and/or historical bar.

Example #1: iClose(NULL,0,0) = close of chart symbol, time frame, current bar. Note: this use of it differs little from Close or Bid or even iClose[0].

Example #2: iClose ("EURUSD",30,1) = close of EURUSD symbol, of 30 minute time frame, of previous bar. Note: this use of it is a threefold increase in functionality than the previous price data functions.

Price data function to find the maximum price data values over a period range. Good for finding the highest or lowest data values of a specific range. Example: Low[iLowest(Symbol(), 0, MODE_LOW, 3, 1)] = lowest bar of the last three bars.

Let us go over each of these four levels of price data.

Level 1 Price Data: The Price Data Limited to the Chart Symbol, Chart Time Frame and Current Bar.

If you simply want to refer to the price data of the current bar of the current chart and time frame, you can use any of the following price data methods: High . Low . Open . Close . Bid . Ask .

Close > iMA (NULL,0,200,0,MODE_EMA, PRICE_CLOSE,1)

or, alternatively, as:

Bid > iMA (NULL,0,200,0,MODE_EMA, PRICE_CLOSE,1);

Note: Keep in mind that this simple level of price data can only be used for the chart symbol, chart time frame, and current bar. If you want to have the flexibility of working with different bars, you must turn to level 2 or level 3 price data. If you want to have the flexibility of working with different chart symbols, or different time frames, as well as different bars, you must work with level 3 price data.

Level 2 Price Data: The Price Data Flexible Enough to Work with Different Bars

If you want to work with price data for the current chart, but you want to be in control of the bar you are referring to, you can use the predefined series arrays: High[] . Low[] . Open[] . and Close[] .

An array is a variable that stores multiple values. They act like the list tables, wherein you can group items in the table and access them by row number, called Indexes. The numbered rows or indexes start from from 0, then proceed to 1, 2, 3 etc. These numbered indexes are contained in the brackets, and in the particular case above, each numbered index refers to a particular bar in time and changing the number changes the bar in time you want to refer to. For example, Close [0] is the open price of the current bar, where 0 is the index, and by changing it, we can get the close price of other bars: Close [1] refers to the bar previous to the current bar, Close [2] refers to the bar 2 bars back from the current, etc.

In most of the EAs we create we will be using either the current bar or the previous bar's price values. However, if you desire even greater flexibility of working with price data of not only different historical bars, but also different symbols other than your current chart, or different time frames other than your current chart, then you must turn to level 3 Price data.

Level 3 Price Data: The Most Flexible Price Data using a Function that Works with Customizable Symbols, Customizable Time Frames, and Customizable Historical Bars.

If you want to work with price data (high, low, open, close) for a symbol other than the current chart, or if you need price data for a period other than the current chart period, you can use the following price data functions: iHigh() . iLow() . iOpen() . and iClose() . These will give you the price data value over a single period or bar.

The table below illustrates the syntax of the iClose() function:

double iClose (string Symbol, int Period, int Shift)

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Free forex mql4indicators

Free forex mql4indicatorsMQL4 Reference Technical Indicators

Technical Indicator Functions

A group of functions intended for calculation of standard and custom indicators.

For an Expert Advisor (or any other MQL4 program) to take up the value of any indicator, it is not necessary that this indicator is present in the chart. The requested indicator will be loaded and calculated in the thread of the module that has called it.

All indicator functions have at least 2 parameters - symbol and period. The NULL value of the symbol means the current symbol, the 0 value of the period means the current timeframe.

Elite triple ma indicator

Elite triple ma indicatorElite Triple MA Indicator

input Price = close;

input EMA_F = 20;

input EMA_S = 50;

input EMA_L = 200;

def EMAf = ExpAverage(Price, EMA_F);

def EMAs = ExpAverage(Price, EMA_S);

def EMAl = ExpAverage(Price, EMA_L);

def Condition1 = If (EMAf > EMAs EMAs > EMAl, 1, 0);

def Condition2 = If (EMAf > EMAs EMAs < EMAl, 1, 0);

def Condition3 = If (EMAf < EMAs EMAs > EMAl, 1, 0);

def Condition4 = If (EMAf < EMAs EMAs < EMAl, 1, 0);

plot null = Double. NaN;

AddLabel(yes, Concat(EMA: , Concat(,

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