Hull Trend_v3





//+------------------------------------------------------------------+
//|                                                  Hull Trend.mq4  |
//|                                    Copyright © 2005, adoleh2000  |
//|                                            adoleh2000@yahoo.com  |
//+------------------------------------------------------------------+
#property  copyright "Copyright © 2005, adoleh2000."
#property  link      "adoleh2000@yahoo.com"
//---- indicator settings
#property  indicator_chart_window
#property  indicator_buffers 4
#property  indicator_color1  Blue
#property  indicator_color2  Red
#property  indicator_color3  DeepSkyBlue
#property  indicator_color4  MediumVioletRed
//---- indicator parameters
extern int    HMA_Period = 20;
extern double Price = PRICE_CLOSE;
extern double Displacement = 0;
//---- indicator buffers
double ind_buffer0[];
double ind_buffer1[];
double HighBuffer[];
double LowBuffer[];
int  draw_begin0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicator buffers mapping
   SetIndexStyle(0, DRAW_HISTOGRAM, STYLE_SOLID, 2);
   SetIndexStyle(1, DRAW_HISTOGRAM, STYLE_SOLID, 2);
   SetIndexStyle(2, DRAW_LINE, STYLE_SOLID, 1);
   SetIndexStyle(3, DRAW_LINE, STYLE_SOLID, 1);
   SetIndexBuffer(0, HighBuffer);
   SetIndexBuffer(1, LowBuffer);
   SetIndexBuffer(2, ind_buffer0);
   SetIndexBuffer(3, ind_buffer1);
   draw_begin0 = HMA_Period + MathFloor(MathSqrt(HMA_Period));
   SetIndexDrawBegin(0, draw_begin0);
   SetIndexDrawBegin(1, draw_begin0);
   SetIndexDrawBegin(2, draw_begin0);
   SetIndexDrawBegin(3, draw_begin0);
   IndicatorDigits(Digits+1);
//---- name for DataWindow and indicator subwindow label
   IndicatorShortName("HT(" + HMA_Period + ")");
   SetIndexLabel(0, "HT(" + HMA_Period + ")");
   SetIndexLabel(1, "HT2");   
   SetIndexLabel(2, "HTHigh");
   SetIndexLabel(3, "HTLow");     
//---- initialization done
   return(0);
  }
//+------------------------------------------------------------------+
//| Hull Trend                                                       |
//+------------------------------------------------------------------+
int start()
  {
   int limit, i, shift;
   int counted_bars = IndicatorCounted();
//---- check for possible errors
   if(counted_bars < 1)
     {
       for(i = 1; i <= draw_begin0; i++) 
           ind_buffer0[Bars-i] = 0;
       for(i = 1; i <= HMA_Period; i++) 
           ind_buffer1[Bars-i] = 0;
     }
//---- last counted bar will be recounted
   if(counted_bars > 0) 
       counted_bars--;
   limit = Bars - counted_bars;
//---- MA difference counted in the 1-st buffer
   for(i = 0; i < limit; i++)
       ind_buffer1[i] = iMA(NULL, 0, MathFloor(HMA_Period / 2), 0, MODE_LWMA, Price, i)*2 - 
                        iMA(NULL, 0, HMA_Period, 0, MODE_LWMA, Price, i);
//---- HMA counted in the 0-th buffer
   for(i = 0; i < limit; i++)
       ind_buffer0[i] = iMAOnArray(ind_buffer1, 0, MathFloor(MathSqrt(HMA_Period)), 0, 
                        MODE_LWMA, i + Displacement);
//----
   for(shift = i; shift >= 0; shift--)
     {
       if(ind_buffer1[shift] > ind_buffer0[shift])
         {
           HighBuffer[shift] = High[shift];
           LowBuffer[shift] = Low[shift];
         }
       else
           if(ind_buffer1[shift] < ind_buffer0[shift])
             {
               LowBuffer[shift] = High[shift];
               HighBuffer[shift] = Low[shift];
             }
     }
//---- done
   return(0); 
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:

Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar


Indicator Curves created:

Implements a curve of type DRAW_HISTOGRAM
Implements a curve of type DRAW_LINE


Indicators Used:

Moving average indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: