I am trying to calculate the lower 2SD and higher 2SD for a ratio of the price for two instruments, however, it is giving me 0 results. The expected results look like this. enter image description here
I tried to create an array by declaring the array in global scope and then adding values to it, however it is giving me zero as value, I also tried to add values manually to check if it is working but the function StdDev is also giving me same results. Any help to guide me where I am wrong would be deeply appreciated. These are the codes tried by me, however not giving me any result.
d[z] = iClose(sym1,0,z)/iClose(sym2,0,z);
c = iStdDevOnArray(iClose(sym1,0,z),0,z,0,0,z);
The code I am deploying is as below.
#property indicator_separate_window
#property indicator_buffers 4
extern string sym1 = "AUDUSD";
extern string sym2 = "NZDUSD";
extern int barcount = 500;
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];
//Global Variables
int ArrayIndex;
double ArraySum;
double a = 0;
double b=0;
double c=0;
double lowersd=0;
double highersd=0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE,EMPTY,2,clrYellow);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexStyle(1,DRAW_LINE,EMPTY,2,clrRed);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexStyle(2,DRAW_LINE,EMPTY,2,clrGreen);
SetIndexBuffer(2,ExtMapBuffer3);
SetIndexStyle(3,DRAW_LINE,EMPTY,2,clrPink);
SetIndexBuffer(3,ExtMapBuffer4);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
//----
for(int z=0;z<barcount;z++)
{
// To calculate the average of the ratio
a=iClose(sym1,0,z)+a;
// Alert(d[0]);
b=iClose(sym2,0,z)+b;
// Below are the dummy data to create the chart
lowersd = 1.04;
highersd = 1.115;
}
for(int i=0;i<barcount;i++)
{
ExtMapBuffer1[i] = iClose(sym1,0,i)/iClose(sym2,0,i);
ExtMapBuffer2[i] = (a/b);
ExtMapBuffer3[i] = lowersd; // these are dummy values i am trying to populate this dynamically using the non working code above.
ExtMapBuffer4[i] = highersd;
}
//----
return(0);
}
You can use this to first initialize the array
double arr[];
ArrayResize(arr, barcount);
arr[z] = iClose(sym1,0,z)/iClose(sym2,0,z);
c=iStdDevOnArray(arr,barcount,barcount,0,MODE_EMA,0);
Then you can put this value in ExtBuffer
ExtMapBuffer3[i] = (a/b)-(c*2);
ExtMapBuffer4[i] = (a/b)+(c*2);