//+------------------------------------------------------------------+
//| FXOE-ASCtrend.mq4 |
//| Shimodax, based on work by Komposter and others |
//| |
//+------------------------------------------------------------------+
#property copyright "Shimodax, based on work by Komposter and others"
#property link "http://www.strategybuilderfx.com/forums/showthread.php?t=15112"
/* see also:
http://www.visualtradingcharts.com/forum/viewtopic.php?t=278
http://www.wintick.com/6_0/hybrid_example.asp?M=Forex
http://www.wintick.com/6_0/download/version6_0/manual.pdf
*/
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Aqua
#property indicator_color2 Magenta
extern bool Alerts= false;
extern int HistorySize= 1000;
extern int Risk= 4;
#include "fxoe-lib.mqh"
double BuyBuffer[];
double SellBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_ARROW,EMPTY);
SetIndexArrow(0,164);
SetIndexBuffer(0, BuyBuffer);
SetIndexStyle(1,DRAW_ARROW,EMPTY);
SetIndexArrow(1,164);
SetIndexBuffer(1, SellBuffer);
IndicatorShortName("FXOE-AscTrend(Risk= "+Risk+")= ");
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
static double lastsignal= 0.0;
double signal;
int counted_bars= IndicatorCounted(),
lastbar;
if (counted_bars>0)
counted_bars--;
lastbar= Bars-counted_bars;
lastbar= MathMin(HistorySize, lastbar);
AscTrend(0, lastbar, BuyBuffer, SellBuffer, Risk);
if (BuyBuffer[0]!=0)
signal= +1;
else
if (SellBuffer[0]!=0)
signal= -1;
else
signal= 0;
if (Alerts && signal!=0) {
if (signal!=lastsignal) {
Alert("FXOE-AscTrend signal on ", Symbol(),"/",Period());
lastsignal= signal;
}
}
else {
lastsignal= 0;
}
return (0);
}
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_ARROW
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen