//+------------------------------------------------------------------+
//| Color Stochastic.mq4 |
//| mladen |
//| |
//+------------------------------------------------------------------+
#property copyright "mladen"
#property link ""
//----
#property indicator_separate_window
#property indicator_buffers 4
//----
#property indicator_minimum 0
#property indicator_maximum 100
#property indicator_color1 DimGray
#property indicator_style1 STYLE_DOT
#property indicator_color2 DimGray
#property indicator_color3 Lime
#property indicator_color4 Red
#property indicator_width3 2
#property indicator_width4 2
//---- input parameters
//nice setings for trend = 35,10,1
extern string note1="Stochastic settings";
extern int KPeriod =30;
extern int Slowing =10;
extern int DPeriod =10;
extern string note4="0=sma, 1=ema, 2=smma, 3=lwma";
extern int MAMethod =0;
extern string note5="0=high/low, 1=close/close";
extern int PriceField= 1;
extern string note6="overbought level";
extern int overBought=80;
extern string note7="oversold level";
extern int overSold =20;
//---- buffers
double KFull[];
double DFull[];
double Upper[];
double Lower[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
SetIndexBuffer(0,DFull);
SetIndexBuffer(1,KFull);
SetIndexBuffer(2,Upper);
SetIndexBuffer(3,Lower);
SetIndexLabel(1,"Fast");
SetIndexLabel(2,NULL);
SetIndexLabel(3,NULL);
//----
DPeriod=MathMax(DPeriod,1);
if (DPeriod==1)
{
SetIndexStyle(0,DRAW_NONE);
SetIndexLabel(0,NULL);
}
else
{
SetIndexStyle(0,DRAW_LINE);
SetIndexLabel(0,"Slow");
}
string shortName="Stochastic ("+KPeriod+","+Slowing+","+DPeriod+","+maDescription(MAMethod)+","+priceDescription(PriceField);
if (overBought < overSold) overBought=overSold;
if (overBought < 100) shortName =shortName+","+overBought;
if (overSold > 0) shortName =shortName+","+overSold;
IndicatorShortName(shortName+")");
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int limit;
int i;
//----
if(counted_bars<0) return(-1);
limit=Bars-counted_bars;
for(i=limit; i>=0; i--)
{
KFull[i]=iStochastic(NULL,0,KPeriod,DPeriod,Slowing,MAMethod,PriceField,MODE_MAIN,i);
DFull[i]=iStochastic(NULL,0,KPeriod,DPeriod,Slowing,MAMethod,PriceField,MODE_SIGNAL,i);
//----
if (KFull[i] > overBought) { Upper[i]=KFull[i]; Upper[i+1]=KFull[i+1]; }
else
{
Upper[i]=EMPTY_VALUE;
if (Upper[i+2]==EMPTY_VALUE)
Upper[i+1] =EMPTY_VALUE;
}
if (KFull[i] < overSold) { Lower[i]=KFull[i]; Lower[i+1]=KFull[i+1]; }
else
{
Lower[i]=EMPTY_VALUE;
if (Lower[i+2]==EMPTY_VALUE)
Lower[i+1] =EMPTY_VALUE;
}
}
//----
return(0);
}
//+------------------------------------------------------------------+
string priceDescription(int mode)
{
string answer;
switch(mode)
{
case 0: answer="Low/High" ;break;
case 1: answer="Close/Close";break;
default: answer="Invalid price field requested";
Alert(answer);
}
return(answer);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
string maDescription(int mode)
{
string answer;
switch(mode)
{
case MODE_SMA: answer="SMA" ;break;
case MODE_EMA: answer="EMA" ;break;
case MODE_SMMA: answer="SMMA";break;
case MODE_LWMA: answer="LWMA";break;
default: answer="Invalid MA mode requested";
Alert(answer);
}
return(answer);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_NONE
Implements a curve of type DRAW_LINE
Indicators Used:
Stochastic oscillator
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen