//+------------------------------------------------------------------+ //| Bollinger_Band_Width_Pro.mq5 | //| Copyright 2025, xxxxxxxx| //| | //+------------------------------------------------------------------+ #property copyright "Copyright 2025, xxxxxxxx" #property version "2.10" #property description "Professional Bollinger Band Width oscillator with selectable analysis modes." #property indicator_separate_window #property indicator_buffers 4 // Main Width, Upper Channel, Lower Channel, Centerline #property indicator_plots 4 #include //--- Plot 1: Band Width Line #property indicator_label1 "BandWidth" #property indicator_type1 DRAW_LINE #property indicator_color1 clrSlateBlue #property indicator_style1 STYLE_SOLID #property indicator_width1 1 //--- Plot 2: Upper Channel Line #property indicator_label2 "Upper Channel" #property indicator_type2 DRAW_LINE #property indicator_color2 clrGray #property indicator_style2 STYLE_DOT #property indicator_width2 1 //--- Plot 3: Lower Channel Line #property indicator_label3 "Lower Channel" #property indicator_type3 DRAW_LINE #property indicator_color3 clrGray #property indicator_style3 STYLE_DOT #property indicator_width3 1 //--- Plot 4: Centerline for Bands on Width #property indicator_label4 "Centerline" #property indicator_type4 DRAW_LINE #property indicator_color4 clrGray #property indicator_style4 STYLE_DOT #property indicator_width4 1 //--- Custom Enum for Display Mode enum ENUM_BBW_MODE { MODE_WIDTH_ONLY, MODE_BANDS_ON_WIDTH, MODE_EXTREMES_CHANNEL }; //--- Custom Enum for Price Source, including Heikin Ashi enum ENUM_APPLIED_PRICE_HA_ALL { //--- Heikin Ashi Prices PRICE_HA_CLOSE = -1, PRICE_HA_OPEN = -2, PRICE_HA_HIGH = -3, PRICE_HA_LOW = -4, PRICE_HA_MEDIAN = -5, PRICE_HA_TYPICAL = -6, PRICE_HA_WEIGHTED = -7, //--- Standard Prices PRICE_CLOSE_STD = PRICE_CLOSE, PRICE_OPEN_STD = PRICE_OPEN, PRICE_HIGH_STD = PRICE_HIGH, PRICE_LOW_STD = PRICE_LOW, PRICE_MEDIAN_STD = PRICE_MEDIAN, PRICE_TYPICAL_STD = PRICE_TYPICAL, PRICE_WEIGHTED_STD = PRICE_WEIGHTED }; //--- Input Parameters --- input group "Base Bollinger Bands Settings" input int InpPeriod = 20; input double InpDeviation = 2.0; input ENUM_MA_METHOD InpMethodMA = MODE_SMA; input ENUM_APPLIED_PRICE_HA_ALL InpSourcePrice = PRICE_CLOSE_STD; input group "Analysis Mode" input ENUM_BBW_MODE InpDisplayMode = MODE_WIDTH_ONLY; input group "Bands on BandWidth Settings" input int InpBandsOnWidth_Period = 20; input double InpBandsOnWidth_Deviation = 2.0; input group "Extremes Channel Settings" input int InpExtremesLength = 125; //--- Indicator Buffers --- double BufferBandWidth[]; double BufferUpperChannel[]; double BufferLowerChannel[]; double BufferCenterline[]; //--- Global calculator object --- CBollingerBandsCalculator *g_calculator; //+------------------------------------------------------------------+ //| Custom indicator initialization function. | //+------------------------------------------------------------------+ int OnInit() { SetIndexBuffer(0, BufferBandWidth, INDICATOR_DATA); SetIndexBuffer(1, BufferUpperChannel, INDICATOR_DATA); SetIndexBuffer(2, BufferLowerChannel, INDICATOR_DATA); SetIndexBuffer(3, BufferCenterline, INDICATOR_DATA); ArraySetAsSeries(BufferBandWidth, false); ArraySetAsSeries(BufferUpperChannel, false); ArraySetAsSeries(BufferLowerChannel, false); ArraySetAsSeries(BufferCenterline, false); if(InpSourcePrice <= PRICE_HA_CLOSE) { g_calculator = new CBollingerBandsCalculator_HA(); IndicatorSetString(INDICATOR_SHORTNAME, StringFormat("BBW Pro HA(%d)", InpPeriod)); } else { g_calculator = new CBollingerBandsCalculator(); IndicatorSetString(INDICATOR_SHORTNAME, StringFormat("BBW Pro(%d)", InpPeriod)); } if(CheckPointer(g_calculator) == POINTER_INVALID || !g_calculator.Init(InpPeriod, InpDeviation, InpMethodMA)) { Print("Failed to initialize Bollinger Bands Calculator."); return(INIT_FAILED); } int draw_begin = InpPeriod - 1; PlotIndexSetInteger(0, PLOT_DRAW_BEGIN, draw_begin); PlotIndexSetInteger(1, PLOT_DRAW_BEGIN, draw_begin); PlotIndexSetInteger(2, PLOT_DRAW_BEGIN, draw_begin); PlotIndexSetInteger(3, PLOT_DRAW_BEGIN, draw_begin + InpBandsOnWidth_Period); IndicatorSetInteger(INDICATOR_DIGITS, 5); 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) return 0; double upper_band[], lower_band[], ma_line[]; ArrayResize(upper_band, rates_total); ArrayResize(lower_band, rates_total); ArrayResize(ma_line, rates_total); ENUM_APPLIED_PRICE price_type; if(InpSourcePrice <= PRICE_HA_CLOSE) price_type = (ENUM_APPLIED_PRICE)(-(int)InpSourcePrice); else price_type = (ENUM_APPLIED_PRICE)InpSourcePrice; g_calculator.Calculate(rates_total, price_type, open, high, low, close, ma_line, upper_band, lower_band); int start_pos = InpPeriod - 1; for(int i = start_pos; i < rates_total; i++) { if(ma_line[i] != 0) BufferBandWidth[i] = ((upper_band[i] - lower_band[i]) / ma_line[i]) * 100.0; else BufferBandWidth[i] = 0; } //--- Initialize all overlay buffers to empty ArrayInitialize(BufferUpperChannel, EMPTY_VALUE); ArrayInitialize(BufferLowerChannel, EMPTY_VALUE); ArrayInitialize(BufferCenterline, EMPTY_VALUE); switch(InpDisplayMode) { case MODE_BANDS_ON_WIDTH: { int bands_start_pos = start_pos + InpBandsOnWidth_Period - 1; for(int i = bands_start_pos; i < rates_total; i++) { double sum = 0; for(int j = 0; j < InpBandsOnWidth_Period; j++) sum += BufferBandWidth[i-j]; BufferCenterline[i] = sum / InpBandsOnWidth_Period; } for(int i = bands_start_pos; i < rates_total; i++) { double std_dev_val = 0, sum_sq = 0; for(int j = 0; j < InpBandsOnWidth_Period; j++) sum_sq += pow(BufferBandWidth[i-j] - BufferCenterline[i], 2); std_dev_val = sqrt(sum_sq / InpBandsOnWidth_Period); BufferUpperChannel[i] = BufferCenterline[i] + InpBandsOnWidth_Deviation * std_dev_val; BufferLowerChannel[i] = BufferCenterline[i] - InpBandsOnWidth_Deviation * std_dev_val; } break; } case MODE_EXTREMES_CHANNEL: { int extremes_start_pos = start_pos + InpExtremesLength - 1; for(int i = extremes_start_pos; i < rates_total; i++) { int start = i - InpExtremesLength + 1; int highest_idx = ArrayMaximum(BufferBandWidth, start, InpExtremesLength); BufferUpperChannel[i] = BufferBandWidth[highest_idx]; int lowest_idx = ArrayMinimum(BufferBandWidth, start, InpExtremesLength); BufferLowerChannel[i] = BufferBandWidth[lowest_idx]; } break; } } return(rates_total); } //+------------------------------------------------------------------+ //+------------------------------------------------------------------+