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| Shared by www.Aptrafx.com |
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/*
* Filename: DayImpulseOverlay.mq4
* Author: DriverDan, based on the original by Tartan at the link below
* Date: Nov 3, 2005
*
* Description: This is Day Impulse overlaid on the main chart. Requires DayImpulse2DD.
*
* Sums the close - open for the past "per" bars and shifts it forward
* "drawShift" bars. Sometimes works well at predicting movement.
*
* Signal2 is just the current bar's close - open shifted "drawShift"
* periods forward. This is what you see as the main signal draws. It
* isn't updated as time moves forward so that you have something to look
* back on.
*
* WARNING: Looking at past bars will be deceiving. It may look like it
* predicts perfectly on some pairs but remember that it is constantly
* updated. The most accurate live bar is the current one.
*
* The future is not set.
*
* Version: 2DD
* Released by DriverDan
* Almost all of the code has been changed or rewritten.
* Added Signal2.
*
* 1.1
* Released by DriverDan
* Fix horrible style, removed extra buffer, changed to draw from the
* beginning, added MA, and fixed gaps in signal.
*
* 1.0
* Initial release
* http://www.arkworldmarket.ru/forum/showthread.php?t=966&page=2&pp=10
*/
#property indicator_chart_window
#property indicator_buffers 1
#property indicator_color1 Magenta
extern int per = 14; // Period for signal
extern int update = 1; // 1 = continuously update, 0 = freeze
// Buffers for signals
double drawBuffer[];
int init() {
string title = "DayImplus(" + per + ")";
SetIndexStyle(0, DRAW_LINE, 0, 2);
SetIndexBuffer(0, drawBuffer);
// Shift everything forward
SetIndexShift(0, per);
// Titles for each line
SetIndexLabel(0, "Signal(" + per + ")");
IndicatorShortName(title);
return(0);
}
int start() {
int counted_bars = IndicatorCounted();
int shift, i, limit, lim;
double prevSignal = -1, barClose = -1, imp;
if(update == 1) {
imp = iCustom(NULL, 0, "DayImpulse2DD", per, 0, 0, 0, 0, 0, per) * Point;
barClose = Close[0] - iCustom(NULL, 0, "DayImpulse2DD", per, 0, per) * Point;
// Loop through and calculate the signals. Everytime this runs we recalculate the
// current and all future signals. The future is not set :)
for(shift = per - 1; shift >= 0; shift--) {
imp = iCustom(NULL, 0, "DayImpulse2DD", per, 0, shift) * Point;
drawBuffer[shift] = barClose + imp;
}
}
return(0);
}
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
dayImpulse2dd
Order Management characteristics:
Other Features: