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

//|
The Volatility (Regime) Switch Indicator.mq4 |
//|
Copyright 2013, Gehtsoft USA LLC |
//|
http://www.fxcodebase.com |
//+------------------------------------------------------------------+
#property copyright "Copyright 2013, Gehtsoft USA LLC"
#property link
"http://www.fxcodebase.com"
#property indicator_separate_window
//#property indicator_minimum 0.0
//#property indicator_maximum 1.0
#property indicator_buffers 1
#property indicator_color1 Red
//--- input parameters
extern int
Length=21;
extern double
Overbought=0.8;
extern double
Oversold=0.2;
extern color Overbought_Oversold_Color = Gray;
//--- buffers
double VS[];
double Daily[];
double Deviation[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function
|
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorBuffers(3);
IndicatorShortName("VSI");
IndicatorDigits(Digits);
SetIndexBuffer(0,VS);
SetIndexStyle(0,DRAW_LINE);

SetIndexBuffer(1,Daily);
SetIndexBuffer(2,Deviation);
SetIndexStyle(1,DRAW_NONE);
SetIndexStyle(2,DRAW_NONE);

//---return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function
|
//+------------------------------------------------------------------+
int deinit()
{
//---ObjectsDeleteAll();
//---return(0);
}

//+------------------------------------------------------------------+
//| Custom indicator iteration function
|
//+------------------------------------------------------------------+
int start()
{
//---int ExtCountedBars=IndicatorCounted();
if (ExtCountedBars<0) return(0);
int limit=Bars;
if (limit<Length+Length+1) return(0);
int i;
for( i=limit-1; i>=0; i--)
{
Daily[i] = ( Close[i]- Close[i+1])/(( Close[i]+ Close[i+1])/2);
}
for( i=limit-1-Length; i>=0; i--)
{
Deviation[i] = iStdDevOnArray(Daily,0, Length,0,0,i);
}
double Count =0;
for( i=limit-1-Length-Length; i>=0; i--)
{
Count =0;
for(int j=Length-1; j>=0; j--)
{
if (Deviation[i+j] <= Deviation[i] )
{
Count= Count+1;
}
}
VS[i]=Count/Length;
}
int windowIndex=WindowFind("VSI");
// finding the window number of our indicator
if(windowIndex<0)
{
// if the number is -1, there is an error
Print("Can\'t find window");
return(0);
}
ObjectCreate("OB",OBJ_HLINE,windowIndex,0,Overbought);

ObjectCreate("OS",OBJ_HLINE,windowIndex,0,Oversold);
ObjectSet("OB",OBJPROP_COLOR,Overbought_Oversold_Color);
ObjectSet("OB",OBJPROP_WIDTH,3);
ObjectSet("OS",OBJPROP_COLOR,Overbought_Oversold_Color);
ObjectSet("OS",OBJPROP_WIDTH,3);
WindowRedraw();
//---return(0);
}
//+------------------------------------------------------------------+