//+--------------------------------------------------------------------------------------+
//| Complex_pair_Divergence_V1.0.mq4 |
//| based on Complex_pairs1.mq4 by Simeon Semonych and FX5_MACD_divergence_V1.1 by hazem@uk2.net|
//| cooked them together by Finimej |
//+--------------------------------------------------------------------------------------+
#property copyright "Copyright © 2009, Finimej"
#property link "http://onix-trade.net/forum/index.php?showtopic=107"
//----
#property indicator_separate_window
#property indicator_buffers 4
#property indicator_color1 Green
#property indicator_color2 Red
#property indicator_color3 Blue
#property indicator_color4 Magenta
#property indicator_level1 0.0
#property indicator_levelcolor Black
#property indicator_levelstyle STYLE_DOT
//----
#define arrowsDisplacement 0.0001
//---- input parameters
extern string separator1 = "*** Indicator Settings ***";
extern bool drawIndicatorTrendLines = true;
extern bool drawPriceTrendLines = true;
extern bool displayAlert = true;
//---- buffers
double bullishDivergence[];
double bearishDivergence[];
double pair[];
double signal[];
//----
static datetime lastAlertTime;
static string indicatorName;
//---- parameters
// for monthly
int mn_per = 12;
int mn_fast = 3;
// for weekly
int w_per = 9;
int w_fast = 3;
// for daily
int d_per = 5;
int d_fast = 3;
// for H4
int h4_per = 12;
int h4_fast = 2;
// for H1
int h1_per = 24;
int h1_fast = 8;
// for M30
int m30_per = 16;
int m30_fast = 2;
// for M15
int m15_per = 16;
int m15_fast = 4;
// for M5
int m5_per = 12;
int m5_fast = 3;
// for M1
int m1_per = 30;
int m1_fast = 10;
int per1, per2;
int signalSMA = 9;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0, DRAW_ARROW);
SetIndexStyle(1, DRAW_ARROW);
SetIndexStyle(2, DRAW_LINE,STYLE_SOLID,2);
SetIndexStyle(3, DRAW_LINE,STYLE_SOLID,1);
//----
SetIndexBuffer(0, bullishDivergence);
SetIndexLabel(0, bullishDivergence);
SetIndexBuffer(1, bearishDivergence);
SetIndexLabel(1, bearishDivergence);
SetIndexBuffer(2, pair);
SetIndexLabel(2, Symbol());
SetIndexBuffer(3, signal);
SetIndexLabel(3, signal);
//----
SetIndexArrow(0, 233);
SetIndexArrow(1, 234);
//----
switch(Period())
{
case 1: per1 = m1_per; per2 = m1_fast; break;
case 5: per1 = m5_per; per2 = m5_fast; break;
case 15: per1 = m15_per; per2 = m15_fast; break;
case 30: per1 = m30_per; per2 = m30_fast; break;
case 60: per1 = h1_per; per2 = h1_fast; break;
case 240: per1 = h4_per; per2 = h4_fast; break;
case 1440: per1 = d_per; per2 = d_fast; break;
case 10080: per1 = w_per; per2 = w_fast; break;
case 43200: per1 = mn_per; per2 = mn_fast; break;
}
indicatorName = "CC_Divergence_v1.0 "+Symbol() + "(" + Period() +", fast MA "+ per2 + ")";
SetIndexDrawBegin(3, signalSMA);
IndicatorDigits(Digits + 2);
IndicatorShortName(indicatorName);
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
for(int i = ObjectsTotal() - 1; i >= 0; i--)
{
string label = ObjectName(i);
if(StringSubstr(label, 0, 19) != "pair_DivergenceLine")
continue;
ObjectDelete(label);
}
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int countedBars = IndicatorCounted();
if(countedBars < 0)
countedBars = 0;
CalculateIndicator(countedBars);
//----
RefreshRates();
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
double pp(int Mode, int Price, int i, int per1, int per2)
{
return((iMA(Symbol(), 0, per2, 0, Mode,Price, i)-
iMA(Symbol(), 0, per1, 0, Mode,Price, i)));
}
void CalculateIndicator(int countedBars)
{
for(int i = Bars - countedBars; i >= 0; i--)
{
Calculatepair(i);
CatchBullishDivergence(i + 2);
CatchBearishDivergence(i + 2);
}
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void Calculatepair(int i)
{
int limit;
int counted_bars = IndicatorCounted();
double OPEN, HIGH, LOW, CLOSE;
//---- ïðîâåðêà íà âîçìîæíûå îøèáêè
if(counted_bars < 0)
return(-1);
//---- ïîñëåäíèé ïîñ÷èòàííûé áàð áóäåò ïåðåñ÷èòàí
if(counted_bars > 0)
counted_bars -= 10;
limit = Bars - counted_bars;
//---- îñíîâíîé öèêë
int Price = 6;
int Mode = 3;
OPEN = pp(Mode, PRICE_OPEN, i, per1, per2);
HIGH = pp(Mode, PRICE_HIGH, i, per1, per2);
LOW = pp(Mode, PRICE_LOW, i, per1, per2);
CLOSE = pp(Mode, PRICE_CLOSE, i, per1, per2);
pair[i] = (OPEN + HIGH + LOW + CLOSE) / 4;
if (i==limit-1)
signal[i] =(pair[limit]);
else
signal[i] = (pair[i]+pair[i+1])/2;
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void CatchBullishDivergence(int shift)
{
if(IsIndicatorTrough(shift) == false)
return;
int currentTrough = shift;
int lastTrough = GetIndicatorLastTrough(shift);
//----
if(pair[currentTrough] > pair[lastTrough] &&
Low[currentTrough] < Low[lastTrough])
{
bullishDivergence[currentTrough] = pair[currentTrough] -
arrowsDisplacement;
//----
if(drawPriceTrendLines == true)
DrawPriceTrendLine(Time[currentTrough], Time[lastTrough],
Low[currentTrough],
Low[lastTrough], Green, STYLE_SOLID);
//----
if(drawIndicatorTrendLines == true)
DrawIndicatorTrendLine(Time[currentTrough],
Time[lastTrough],
pair[currentTrough],
pair[lastTrough],
Green, STYLE_SOLID);
//----
if(displayAlert == true)
DisplayAlert("Classical bullish divergence on: ",
currentTrough);
}
//----
if(pair[currentTrough] < pair[lastTrough] &&
Low[currentTrough] > Low[lastTrough])
{
bullishDivergence[currentTrough] = pair[currentTrough] -
arrowsDisplacement;
//----
if(drawPriceTrendLines == true)
DrawPriceTrendLine(Time[currentTrough], Time[lastTrough],
Low[currentTrough],
Low[lastTrough], Green, STYLE_DOT);
//----
if(drawIndicatorTrendLines == true)
DrawIndicatorTrendLine(Time[currentTrough],
Time[lastTrough],
pair[currentTrough],
pair[lastTrough],
Green, STYLE_DOT);
//----
if(displayAlert == true)
DisplayAlert("Reverse bullish divergence on: ",
currentTrough);
}
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void CatchBearishDivergence(int shift)
{
if(IsIndicatorPeak(shift) == false)
return;
int currentPeak = shift;
int lastPeak = GetIndicatorLastPeak(shift);
//----
if(pair[currentPeak] < pair[lastPeak] &&
High[currentPeak] > High[lastPeak])
{
bearishDivergence[currentPeak] = pair[currentPeak] +
arrowsDisplacement;
if(drawPriceTrendLines == true)
DrawPriceTrendLine(Time[currentPeak], Time[lastPeak],
High[currentPeak],
High[lastPeak], Red, STYLE_SOLID);
if(drawIndicatorTrendLines == true)
DrawIndicatorTrendLine(Time[currentPeak], Time[lastPeak],
pair[currentPeak],
pair[lastPeak], Red, STYLE_SOLID);
if(displayAlert == true)
DisplayAlert("Classical bearish divergence on: ",
currentPeak);
}
if(pair[currentPeak] > pair[lastPeak] &&
High[currentPeak] < High[lastPeak])
{
bearishDivergence[currentPeak] = pair[currentPeak] +
arrowsDisplacement;
//----
if(drawPriceTrendLines == true)
DrawPriceTrendLine(Time[currentPeak], Time[lastPeak],
High[currentPeak],
High[lastPeak], Red, STYLE_DOT);
//----
if(drawIndicatorTrendLines == true)
DrawIndicatorTrendLine(Time[currentPeak], Time[lastPeak],
pair[currentPeak],
pair[lastPeak], Red, STYLE_DOT);
//----
if(displayAlert == true)
DisplayAlert("Reverse bearish divergence on: ",
currentPeak);
}
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
bool IsIndicatorPeak(int shift)
{
if(pair[shift] >= pair[shift+1] && pair[shift] > pair[shift+2] &&
pair[shift] > pair[shift-1])
return(true);
else
return(false);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
bool IsIndicatorTrough(int shift)
{
if(pair[shift] <= pair[shift+1] && pair[shift] < pair[shift+2] &&
pair[shift] < pair[shift-1])
return(true);
else
return(false);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int GetIndicatorLastPeak(int shift)
{
for(int i = shift + 5; i < Bars; i++)
{
if(signal[i] >= signal[i+1] && signal[i] >= signal[i+2] &&
signal[i] >= signal[i-1] && signal[i] >= signal[i-2])
{
for(int j = i; j < Bars; j++)
{
if(pair[j] >= pair[j+1] && pair[j] > pair[j+2] &&
pair[j] >= pair[j-1] && pair[j] > pair[j-2])
return(j);
}
}
}
return(-1);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int GetIndicatorLastTrough(int shift)
{
for(int i = shift + 5; i < Bars; i++)
{
if(signal[i] <= signal[i+1] && signal[i] <= signal[i+2] &&
signal[i] <= signal[i-1] && signal[i] <= signal[i-2])
{
for (int j = i; j < Bars; j++)
{
if(pair[j] <= pair[j+1] && pair[j] < pair[j+2] &&
pair[j] <= pair[j-1] && pair[j] < pair[j-2])
return(j);
}
}
}
return(-1);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void DisplayAlert(string message, int shift)
{
if(shift <= 2 && Time[shift] != lastAlertTime)
{
lastAlertTime = Time[shift];
Alert(message, Symbol(), " , ", Period(), " minutes chart");
}
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void DrawPriceTrendLine(datetime x1, datetime x2, double y1,
double y2, color lineColor, double style)
{
string label = "pair_DivergenceLine_v1.0# " + DoubleToStr(x1, 0);
ObjectDelete(label);
ObjectCreate(label, OBJ_TREND, 0, x1, y1, x2, y2, 0, 0);
ObjectSet(label, OBJPROP_RAY, 0);
ObjectSet(label, OBJPROP_COLOR, lineColor);
ObjectSet(label, OBJPROP_STYLE, style);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void DrawIndicatorTrendLine(datetime x1, datetime x2, double y1,
double y2, color lineColor, double style)
{
int indicatorWindow = WindowFind(indicatorName);
if(indicatorWindow < 0)
return;
string label = "pair_DivergenceLine_v1.0$# " + DoubleToStr(x1, 0);
ObjectDelete(label);
ObjectCreate(label, OBJ_TREND, indicatorWindow, x1, y1, x2, y2,
0, 0);
ObjectSet(label, OBJPROP_RAY, 0);
ObjectSet(label, OBJPROP_COLOR, lineColor);
ObjectSet(label, OBJPROP_STYLE, style);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains the lowest prices of each bar
Series array that contains open time of each bar
Series array that contains the highest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_ARROW
Implements a curve of type DRAW_LINE
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen