//+------------------------------------------------------------------+ //| Bollinger_ATR_Oscillator.mq5 | //| Copyright 2025, xxxxxxxx| //| | //+------------------------------------------------------------------+ #property copyright "Copyright 2025, xxxxxxxx" #property version "1.00" #property description "Bollinger Bands ATR Oscillator by Jon Anderson." #property description "Measures the ratio of ATR to Bollinger Bandwidth." #property indicator_separate_window #property indicator_buffers 1 #property indicator_plots 1 //--- Plot 1: Oscillator Line #property indicator_label1 "BB ATR Ratio" #property indicator_type1 DRAW_LINE #property indicator_color1 clrMediumTurquoise #property indicator_style1 STYLE_SOLID #property indicator_width1 1 //--- Input Parameters --- input int InpAtrPeriod = 22; input int InpBandsPeriod = 55; input double InpBandsDev = 2.0; input ENUM_APPLIED_PRICE InpSourcePrice = PRICE_CLOSE; //--- Indicator Buffers --- double BufferOscillator[]; //+------------------------------------------------------------------+ //| CLASS: CBollingerATROscillatorCalculator | //+------------------------------------------------------------------+ class CBollingerATROscillatorCalculator { private: int m_atr_period; int m_bb_period; double m_bb_dev; double m_price[]; double m_atr_buffer[]; double m_ma_buffer[]; double m_upper_band[]; double m_lower_band[]; public: CBollingerATROscillatorCalculator(void) {}; ~CBollingerATROscillatorCalculator(void) {}; bool Init(int atr_p, int bb_p, double bb_dev); void Calculate(int rates_total, ENUM_APPLIED_PRICE price_type, const double &open[], const double &high[], const double &low[], const double &close[], double &osc_out[]); }; //+------------------------------------------------------------------+ //| CBollingerATROscillatorCalculator: Initialization | //+------------------------------------------------------------------+ bool CBollingerATROscillatorCalculator::Init(int atr_p, int bb_p, double bb_dev) { m_atr_period = (atr_p < 1) ? 1 : atr_p; m_bb_period = (bb_p < 1) ? 1 : bb_p; m_bb_dev = bb_dev; return true; } //+------------------------------------------------------------------+ //| CBollingerATROscillatorCalculator: Main Calculation Method | //+------------------------------------------------------------------+ void CBollingerATROscillatorCalculator::Calculate(int rates_total, ENUM_APPLIED_PRICE price_type, const double &open[], const double &high[], const double &low[], const double &close[], double &osc_out[]) { int start_pos = MathMax(m_atr_period, m_bb_period); if(rates_total <= start_pos) return; ArrayResize(m_price, rates_total); ArrayResize(m_atr_buffer, rates_total); ArrayResize(m_ma_buffer, rates_total); ArrayResize(m_upper_band, rates_total); ArrayResize(m_lower_band, rates_total); //--- Prepare Source Price for Bollinger Bands switch(price_type) { case PRICE_CLOSE: ArrayCopy(m_price, close, 0, 0, rates_total); break; case PRICE_OPEN: ArrayCopy(m_price, open, 0, 0, rates_total); break; // ... add other price types if needed default: ArrayCopy(m_price, close, 0, 0, rates_total); break; } //--- Step 1: Calculate ATR (Wilder's Smoothing) double tr[]; ArrayResize(tr, rates_total); for(int i = 1; i < rates_total; i++) tr[i] = MathMax(high[i], close[i-1]) - MathMin(low[i], close[i-1]); for(int i = m_atr_period; i < rates_total; i++) { if(i == m_atr_period) { double sum=0; for(int j=1; j<=m_atr_period; j++) sum+=tr[j]; m_atr_buffer[i]=sum/m_atr_period; } else m_atr_buffer[i] = (m_atr_buffer[i-1] * (m_atr_period - 1) + tr[i]) / m_atr_period; } //--- Step 2: Calculate Bollinger Bands components // MA centerline for(int i = m_bb_period - 1; i < rates_total; i++) { double sum = 0; for(int j = 0; j < m_bb_period; j++) sum += m_price[i-j]; m_ma_buffer[i] = sum / m_bb_period; } // Bands for(int i = m_bb_period - 1; i < rates_total; i++) { double std_dev_val = 0, sum_sq = 0; for(int j = 0; j < m_bb_period; j++) sum_sq += pow(m_price[i-j] - m_ma_buffer[i], 2); std_dev_val = sqrt(sum_sq / m_bb_period); m_upper_band[i] = m_ma_buffer[i] + m_bb_dev * std_dev_val; m_lower_band[i] = m_ma_buffer[i] - m_bb_dev * std_dev_val; } //--- Step 3: Calculate the final Oscillator value for(int i = start_pos; i < rates_total; i++) { double bb_diff = m_upper_band[i] - m_lower_band[i]; if(bb_diff != 0) { osc_out[i] = m_atr_buffer[i] / bb_diff; } } } //--- Global calculator object --- CBollingerATROscillatorCalculator *g_calculator; //+------------------------------------------------------------------+ //| Custom indicator initialization function. | //+------------------------------------------------------------------+ int OnInit() { SetIndexBuffer(0, BufferOscillator, INDICATOR_DATA); ArraySetAsSeries(BufferOscillator, false); g_calculator = new CBollingerATROscillatorCalculator(); if(CheckPointer(g_calculator) == POINTER_INVALID || !g_calculator.Init(InpAtrPeriod, InpBandsPeriod, InpBandsDev)) { Print("Failed to initialize Bollinger ATR Oscillator Calculator."); return(INIT_FAILED); } PlotIndexSetInteger(0, PLOT_DRAW_BEGIN, MathMax(InpAtrPeriod, InpBandsPeriod)); IndicatorSetString(INDICATOR_SHORTNAME, StringFormat("BB_ATR_Osc(%d, %d)", InpAtrPeriod, InpBandsPeriod)); IndicatorSetInteger(INDICATOR_DIGITS, 4); return(INIT_SUCCEEDED); } //+------------------------------------------------------------------+ //| Custom indicator deinitialization function. | //+------------------------------------------------------------------+ void OnDeinit(const int reason) { if(CheckPointer(g_calculator) != POINTER_INVALID) delete g_calculator; } //+------------------------------------------------------------------+ //| Custom indicator iteration function. | //+------------------------------------------------------------------+ int OnCalculate(const int rates_total, const int, const datetime&[], const double &open[], const double &high[], const double &low[], const double &close[], const long&[], const long&[], const int&[]) { if(CheckPointer(g_calculator) != POINTER_INVALID) { g_calculator.Calculate(rates_total, InpSourcePrice, open, high, low, close, BufferOscillator); } return(rates_total); } //+------------------------------------------------------------------+ //+------------------------------------------------------------------+