//+------------------------------------------------------------------+
//| Disparity Index.mq4 |
//| Linuxser |
//| contact me in Forex TSD |
//+------------------------------------------------------------------+
#property copyright ""
#property link ""
//----
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Red
//---- input parameters
extern int DispPeriod = 13;
//---- buffers
double DispBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- indicator line
SetIndexStyle(0, DRAW_LINE);
SetIndexBuffer(0, DispBuffer);
//---- name for DataWindow and indicator subwindow label
short_name = "Disparity Index(" + DispPeriod + ")";
IndicatorShortName(short_name);
SetIndexLabel(0, short_name);
//----
SetIndexDrawBegin(0, DispPeriod);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Momentum |
//+------------------------------------------------------------------+
int start()
{
int i, counted_bars = IndicatorCounted();
//----
if(Bars <= DispPeriod)
return(0);
//---- initial zero
if(counted_bars < 1)
for(i = 1; i <= DispPeriod; i++)
DispBuffer[Bars-i] = 0.0;
//----
i = Bars - DispPeriod - 1;
if(counted_bars >= DispPeriod)
i = Bars - counted_bars - 1;
while(i >= 0)
{
DispBuffer[i] = ((Close[i] - iMA(NULL, 0, DispPeriod, 0,
MODE_EMA, PRICE_CLOSE, i)) /
(iMA(NULL, 0, DispPeriod, 0, MODE_EMA,
PRICE_CLOSE, i))*100);
i--;
}
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:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: