/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| Divergence.mq4 |
//| Copyright © 2005, Pavel Kulko |
//| polk@alba.dp.ua |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, Pavel Kulko"
#property link "polk@alba.dp.ua"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_minimum -1
#property indicator_maximum 1
#property indicator_color1 Aqua
#property indicator_color2 Red
extern int ind = 1; //MACD=1, RSI=2, DMI=3, Mom=4
extern int pds = 10; //indicator periods
extern int f = 1; //price field: Close=1, High/Low=2
extern double Ch = 0; //peak/trough depth minimum (0-1)
extern int shift = 0; //shift signals back to match divergences
extern int MaxBars=1000;
double DivUpBuffer[],DivDnBuffer[];
double R1[],R2[],y[],xd[],xu[];
double fCh;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init() {
IndicatorBuffers(7);
SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexBuffer(0,DivUpBuffer);
SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexBuffer(1,DivDnBuffer);
SetIndexBuffer(2,R1);
SetIndexBuffer(3,R2);
SetIndexBuffer(4,y);
SetIndexBuffer(5,xd);
SetIndexBuffer(6,xu);
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start() {
int CNmb1,CNmb2,CNmb3,CNmb4;
double Pkx1,Pkx2,Trx1,Trx2,Pky1,Pky2,Try1,Try2;
bool Trx,Pkx,Try,Pky;
fCh = Ch/100.0;
int counted_bars=IndicatorCounted();
int limit = Bars-counted_bars-1;
if(limit>MaxBars) limit = MaxBars;
for(int i=limit; i>=0; i--) {
DivUpBuffer[i] = Low[i];
DivDnBuffer[i] = Low[i];
switch(ind) {
case 1: y[i] = iMACD(NULL,0,12,26,9,PRICE_CLOSE,MODE_MAIN,i); break;
case 2: y[i] = iRSI(NULL,0,pds,PRICE_CLOSE,i); break;
case 3: y[i] = iADX(NULL,0,pds,PRICE_CLOSE,MODE_MAIN,i); break;
default : y[i] = iMomentum(NULL,0,pds,PRICE_CLOSE,i); break;
}
if(f==1) xu[i] = Close[i];
else xu[i] = High[i];
if(f==1) xd[i] = Close[i];
else xd[i] = Low[i];
}
for(i=limit; i>=0; i--) {
CNmb1 = 0; CNmb2 = 0; CNmb3 = 0; CNmb4 = 0;
for(int j=i; j<MaxBars; j++) {
Pkx = (xu[j] < xu[j-1]) && (xu[j-1] > xu[j-2]) && (xu[j-1] >= (xu[j]+xu[j-2])/2.0*(1.0+fCh));
if(Pkx) CNmb1++;
if(Pkx && CNmb1==1) Pkx1 = xu[j-1];
if(Pkx && CNmb1==2) Pkx2 = xu[j-1];
Trx = (xd[j] > xd[j-1]) && (xd[j-1] < xd[j-2]) && (xd[j-1] <= (xd[j]+xd[j-2])/2.0*(1.0-fCh));
if(Trx) CNmb2++;
if(Trx && CNmb2==1) Trx1 = xd[j-1];
if(Trx && CNmb2==2) Trx2 = xd[j-1];
Pky = (y[j] < y[j-1]) && (y[j-1] > y[j-2]) && (y[j-1] >= (y[j]+y[j-2])/2.0*(1.0+fCh));
if(Pky) CNmb3++;
if(Pky && CNmb3==1) Pky1 = y[j-1];
if(Pky && CNmb3==2) Pky2 = y[j-1];
Try = (y[j] > y[j-1]) && (y[j-1] < y[j-2]) && (y[j-1] <= (y[j]+y[j-2])/2.0*(1.0-fCh));
if(Try) CNmb4++;
if(Try && CNmb4==1) Try1 = y[j-1];
if(Try && CNmb4==2) Try2 = y[j-1];
if(CNmb1>=2 && CNmb2>=2 && CNmb3>=2 && CNmb4>=2) break;
}
Pkx = (xu[i] < xu[i-1]) && (xu[i-1] > xu[i-2]) && (xu[i-1] >= (xu[i]+xu[i-2])/2.0*(1.0+fCh));
Trx = (xd[i] > xd[i-1]) && (xd[i-1] < xd[i-2]) && (xd[i-1] <= (xd[i]+xd[i-2])/2.0*(1.0-fCh));
Pky = (y[i] < y[i-1]) && (y[i-1] > y[i-2]) && (y[i-1] >= (y[i]+y[i-2])/2.0*(1.0+fCh));
Try = (y[i] > y[i-1]) && (y[i-1] < y[i-2]) && (y[i-1] <= (y[i]+y[i-2])/2.0*(1.0-fCh));
R1[i] = 0;
if(Trx && Try && Trx1<Trx2 && Try1>Try2) R1[i] = 1;
R2[i] = 0;
if(Pkx && Pky && Pkx1>Pkx2 && Pky1<Pky2) R2[i] = 1;
if(R1[i+shift] - R2[i+shift] > 0) {
DivUpBuffer[i+shift] = High[i];
DivDnBuffer[i+shift] = Low[i];
}
if(R1[i+shift] - R2[i+shift] < 0) {
DivDnBuffer[i] = High[i];
DivUpBuffer[i] = Low[i];
}
}
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains the lowest prices of each bar
Series array that contains close prices for each bar
Series array that contains the highest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
MACD Histogram
Relative strength index
Movement directional index
Momentum indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: