atr_momentum_indicator_mt4/atr_momentum_indicator_mt4.mq4

//+------------------------------------------------------------------+
//|                                   atr_momentum_indicator_mt4.mq4 |
//|                                  Copyright 2025, MQL Development |
//|                                  https://www.mqldevelopment.com/ |
//+------------------------------------------------------------------+
#property copyright "Copyright 2025, MQL Development"
#property link      "https://www.mqldevelopment.com/"
#property version   "1.00"
#property strict
#property indicator_separate_window
#property  indicator_buffers 3
#property  indicator_minimum 0.0
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+

input       string                string_1              = "<><><><><><> General SETTINGS <><><><><><>";   //__
input       double                threshold             = 0.00001;          // Threshold Value

sinput      string                atrSettings           = " <><><><><>  Atr Settings <><><><><>  "; //_
input       int                   atrPeriod             = 14;            // ATR Period

input       string                string_2_2            = "<><><><><><> Color Setting <><><><><><>";   //__
input       color                 atr_line_color        = clrAqua;                 // Atr Line Color
input       color                 signal_color          = clrLimeGreen;            // Signal Color
input       color                 no_signal_color       = clrSlateGray;            // No Signal Color

// Global Variables
double         atrPercentageBuffer[];
double         signalBuffer[];
double         noSignalBuffer[];
string short_name="";
int OnInit()
  {
//--- indicator buffers mapping
   SetIndexBuffer(0, atrPercentageBuffer);
   SetIndexBuffer(1, signalBuffer);
   SetIndexBuffer(2, noSignalBuffer);

//--- Set buffer names
   SetIndexLabel(0, "Atr %");
   SetIndexLabel(1, "Signal");
   SetIndexLabel(2, "No Signal");

   SetIndexStyle(0, DRAW_LINE, STYLE_SOLID, 2, atr_line_color);
   SetIndexStyle(1, DRAW_HISTOGRAM, STYLE_SOLID, 4, signal_color);
   SetIndexStyle(2, DRAW_HISTOGRAM, STYLE_SOLID, 4, no_signal_color);

   short_name = "atr_momentum_indicator_mt4";
   IndicatorShortName(short_name);
//---
   return(INIT_SUCCEEDED);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total,
                const int prev_calculated,
                const datetime &time[],
                const double &open[],
                const double &high[],
                const double &low[],
                const double &close[],
                const long &tick_volume[],
                const long &volume[],
                const int &spread[])
  {
//---
   int i, Counted_bars;
   Counted_bars=IndicatorCounted(); // Number of counted bars
   if(prev_calculated == 0)
      i=Bars-Counted_bars-10;
   else
      i=Bars-Counted_bars-1;

   while(i >= 0)
     {
      double atrValueIs =  atrValue(i);
      double candle_0 = iClose(Symbol(), PERIOD_CURRENT, 0);
      double candle_1 = iClose(Symbol(), PERIOD_CURRENT, 0 + 1);
      double candle_2 = iClose(Symbol(), PERIOD_CURRENT, 0 + 2);

      double value_1 = ((atrPercentageValue(i + 1) - atrPercentageValue(i + 2)) / atrPercentageValue(i + 2));
      double value_2 = ((atrPercentageValue(i) - atrPercentageValue(i + 1)) / atrPercentageValue(i + 1));
      double value_3 = ((atrPercentageValue(i) - atrPercentageValue(i + 2)) / atrPercentageValue(i + 2));

      double totalSum = value_1 + value_2 + value_3;

      atrPercentageBuffer[i] = ((atrValueIs / candle_1) * 100);

      if(totalSum > threshold)
        {
         signalBuffer[i] = totalSum;
        }
      else
        {
         noSignalBuffer[i] = totalSum;
        }

      Print("Time Current Candle: ", iClose(Symbol(), PERIOD_CURRENT,0),
            " | Time Candle 1: ", iClose(Symbol(), PERIOD_CURRENT, 0 + 1),
            " | Time Candle 2: ", iClose(Symbol(), PERIOD_CURRENT, 0 + 2),
            " | ATR Value: ", atrValueIs,
            " | value_1: ", value_1,
            " | value_2: ", value_2,
            " | value_3: ", value_3,
            " | Sum: ", NormalizeDouble(totalSum, Digits()),
            " | i: ", i);

      i--;
     }
//--- return value of prev_calculated for next call
   return(rates_total);
  }
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
double atrValue(int index)
  {
   return NormalizeDouble(iATR(Symbol(), PERIOD_CURRENT, atrPeriod, index), Digits());
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
double atrPercentageValue(int index)
  {
   return (iATR(Symbol(), PERIOD_CURRENT, atrPeriod, index) / iClose(Symbol(), PERIOD_CURRENT, index)) * 100;
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+

//+------------------------------------------------------------------+