CCI_TriggerBars





//+------------------------------------------------------------------+
//|                                                       CCITrigger |
//|                      Copyright © 2007, MetaQuotes Software Corp. |
//|                                       http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
#property  copyright "Copyright © 2007, GideonSmolders."
#property  link      ""
//---- indicator settings
#property  indicator_separate_window
#property  indicator_buffers 3
#property  indicator_color1  Olive
#property  indicator_color2  FireBrick
#property  indicator_color3  DarkKhaki
#property indicator_maximum 1
#property indicator_minimum 0

//---- indicator buffers

string signal;
double BUYtrend[];
double SELLtrend[];
double NEUTRAL[];

double cci_open[];
double cci_close[];
double TriggerCCI[];
double MainCCI[];




//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- 2 additional buffers are used for counting.
   IndicatorBuffers(7);
   
//---- drawing settings

   
   SetIndexStyle(0,DRAW_HISTOGRAM);
   SetIndexStyle(1,DRAW_HISTOGRAM);
   SetIndexStyle(2,DRAW_HISTOGRAM);

   
   SetIndexBuffer(3,cci_open);
   SetIndexLabel(3,"CCIopen");
   SetIndexBuffer(4,cci_close);
   SetIndexLabel(4,"CCIclose");
   SetIndexBuffer(5,TriggerCCI);
   SetIndexLabel(5,"Trigger CCI");
   SetIndexBuffer(6,MainCCI);
   SetIndexLabel(6,"Main Line");

   SetIndexBuffer(0,BUYtrend);
   SetIndexLabel(0,"BUY");
   SetIndexBuffer(1,SELLtrend);
   SetIndexLabel(1,"SELL");
   SetIndexBuffer(2,NEUTRAL);
   SetIndexLabel(2,"NEUTRAL");




      
//---- name for DataWindow and indicator subwindow label

   
//---- initialization done
   return(0);
  }
//+------------------------------------------------------------------+
//| Calculations                                    |
//+------------------------------------------------------------------+
int start()
  {
   int limit;
   int i;
   int counted_bars=IndicatorCounted();
//---- check for possible errors
   if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
   if(counted_bars>0) counted_bars--;
   limit=Bars-counted_bars;
 
//---- main loop
   
//---- done

   for(i=0; i <= Bars; i++) 
   {
   cci_open[i]= iCCI(Symbol(),60,7,PRICE_OPEN,i);
   }
   for(i=0; i <= Bars; i++) 
   { 
   cci_close[i] =  iCCI(Symbol(),60,7,PRICE_CLOSE,i);
   }
   for(i=0; i <= Bars; i++) 
   {   
   TriggerCCI[i]= iMAOnArray(cci_open,0,5,0,MODE_SMMA,i);
   }
   for(i=0; i <= Bars; i++) 
   {
   MainCCI[i]= iMAOnArray(cci_open,0,5,1,MODE_LWMA,i);
   }

   
   for(i=0; i<=Bars; i--)
   {
      if(MainCCI[i] > TriggerCCI[i] /*&& cci_open[i]<MainCCI[i] && cci_close[i]<MainCCI[i] && cci_close[i]<cci_open[i]*/)
      {  signal = "SELL";
         BUYtrend[i] = 0;
         SELLtrend[i] = 1;
         NEUTRAL[i] = 0 ;}
      if (MainCCI[i] < TriggerCCI[i] /*&& cci_open[i]>MainCCI[i] && cci_close[i]>MainCCI[i] && cci_close[i]>cci_open[i]*/)
      {signal = "BUY";
         BUYtrend[i] = 1;
         SELLtrend[i] = 0;
         NEUTRAL[i] = 0 ;}
      else
      {signal = "NEUTRAL";
         BUYtrend[i] = 0;
         SELLtrend[i] = 0;
         NEUTRAL[i] = 1 ;}
 
    IndicatorShortName("CCITrigger: "+signal);
   return(0); }
  }
//+------------------------------------------------------------------+





Sample





Analysis



Market Information Used:



Indicator Curves created:

Implements a curve of type DRAW_HISTOGRAM


Indicators Used:

Commodity channel index
Moving average indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: