//+------------------------------------------------------------------+
//| IFish.mq4 |
//| Kalenzo |
//| bartlomiej.gorski@gmail.com |
//+------------------------------------------------------------------+
#property copyright "Kalenzo"
#property link "bartlomiej.gorski@gmail.com"
//----
#property indicator_buffers 1
#property indicator_color1 Red
#property indicator_level1 0.5
#property indicator_level2 -0.5
//----
double value1[];
double value2[];
double ifish[];
double red[];
double green[];
double alertBar;
double prev;
double high=0.5;
double low=-0.5;
extern bool SoundON=true;
//----
#property indicator_separate_window
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorBuffers(3);
SetIndexBuffer(0,ifish);
SetIndexStyle(0,DRAW_LINE,STYLE_SOLID,1);
SetIndexBuffer(1,value1);
SetIndexBuffer(2,value2);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int limit;
int counted_bars=IndicatorCounted();
if(counted_bars<0) counted_bars=0;
if(counted_bars>0) counted_bars--;
//----
limit=Bars-counted_bars;
//----
for(int i=0 ;i<=limit ;i++) value1[i]=0.1*(iRSI(Symbol(),0,5,PRICE_CLOSE,i)-50);
for(int j=0 ;j<=limit ;j++) value2[j]=iMAOnArray(value1,0,9,0,MODE_LWMA,j);
for(int f=0 ;f<=limit ;f++) ifish[f]=(MathExp(2*value2[f])-1)/(MathExp(2*value2[f])+1);
//----
if(ifish[f]>=high && prev==0) prev=1;
if(ifish[f]<=low && prev==0) prev=2;
if(SoundON==true && prev==1 && ifish[f]>=high && Bars>alertBar) {Alert("IFISH Hit 0.5 or above exit Buy on ",Symbol()," Period ",Period());alertBar=Bars;prev=2;}
if(SoundON==true && prev==2 && ifish[f]<=low && Bars>alertBar) {Alert("IFISH Hit -0.5 or below exit Sell on ",Symbol()," Period ",Period());alertBar=Bars;prev=1;}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Relative strength index
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen