//+------------------------------------------------------------------+
//| Elliott Wave Oscillator.mq4 |
//| tonyc2a@yahoo.com |
//| |
//+------------------------------------------------------------------+
#property copyright "tonyc2a@yahoo.com"
#property link ""
#property indicator_separate_window
#property indicator_color1 DimGray
//---- input parameters
extern int EWOPeriod1 = 5;
extern int EWOPeriod2 = 35;
//---- buffers
double Buffer1[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- indicators
SetIndexStyle(0, DRAW_HISTOGRAM, STYLE_SOLID, 2);
SetIndexBuffer(0, Buffer1);
//---- name for DataWindow and indicator subwindow label
short_name = "EWO(" + EWOPeriod1 + ", " + EWOPeriod2 + ")";
IndicatorShortName(short_name);
SetIndexLabel(0, "EWO");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars = IndicatorCounted();
double MA1, MA2;
//---- TODO: add your code here
for(int i = Bars; i >= 0; i--)
{
MA1 = iMA(NULL, 0, EWOPeriod1, 0, MODE_SMA, PRICE_MEDIAN, i);
MA2 = iMA(NULL, 0, EWOPeriod2, 0, MODE_SMA, PRICE_MEDIAN, i);
Buffer1[i] = MA1-MA2;
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: