//+------------------------------------------------------------------+
//| iTrend.mq4 |
//| tonyc2a@yahoo.com |
//| |
//+------------------------------------------------------------------+
#property copyright "tonyc2a@yahoo.com"
#property link ""
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
#property indicator_minimum -1
#property indicator_maximum 1
//---- input parameters
extern double iBandsDeviation=2;
extern int iBandsMode0_2=0; // 0-2: MODE_MAIN, MODE_LOW, MODE_HIGH
extern int iBandsPrice0_6=0; // 0-6: PRICE_CLOSE,PRICE_OPEN,PRICE_HIGH,PRICE_LOW,PRICE_MEDIAN,PRICE_TYPICAL,PRICE_WEIGHTED
extern int iBandsPeriod=20; // 20
extern int iPowerPrice0_6=0; // 0-6: PRICE_CLOSE,PRICE_OPEN,PRICE_HIGH,PRICE_LOW,PRICE_MEDIAN,PRICE_TYPICAL,PRICE_WEIGHTED
extern int iPowerPeriod=13; // 13
extern int iPriceType0_3=0; // 0-3: PRICE_CLOSE,PRICE_OPEN,PRICE_HIGH,PRICE_LOW
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorBuffers(2);
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexLabel(0,"Blue");
SetIndexStyle(1,DRAW_HISTOGRAM);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexLabel(1,"Red");
//----
IndicatorShortName("iTrend");
//----
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();
//---- TODO: add your code here
//+----Processes user parameters-------------------------------------+
double BandsMode,BandsPrice,PowerPrice;
switch(iBandsMode0_2){
case 1: BandsMode=MODE_LOWER;
case 2: BandsMode=MODE_UPPER;
default: BandsMode=MODE_MAIN;
} //end switch
switch(iBandsPrice0_6){
case 1: BandsPrice=PRICE_OPEN;
case 2: BandsPrice=PRICE_HIGH;
case 3: BandsPrice=PRICE_LOW;
case 4: BandsPrice=PRICE_MEDIAN;
case 5: BandsPrice=PRICE_TYPICAL;
case 6: BandsPrice=PRICE_WEIGHTED;
default: BandsPrice=PRICE_CLOSE;
} //end switch
switch(iPowerPrice0_6){
case 1: PowerPrice=PRICE_OPEN;
case 2: PowerPrice=PRICE_HIGH;
case 3: PowerPrice=PRICE_LOW;
case 4: PowerPrice=PRICE_MEDIAN;
case 5: PowerPrice=PRICE_TYPICAL;
case 6: PowerPrice=PRICE_WEIGHTED;
default: PowerPrice=PRICE_CLOSE;
} //end switch
//+------------------------------------------------------------------+
//+----Main Section--------------------------------------------------+
double CurrentPrice, value1, value2, x, y;
for(int i=0;i<=Bars;i++){
switch(iPriceType0_3){
case 1: CurrentPrice=Open[i];
case 2: CurrentPrice=High[i];
case 3: CurrentPrice=Low[i];
default: CurrentPrice=Close[i];
} //end switch
x=CurrentPrice-iBands(Symbol(),Period(),iBandsPeriod,iBandsDeviation,0,BandsPrice,BandsMode,i);
y=-(iBullsPower(Symbol(),Period(),iPowerPeriod,PowerPrice,i) + iBearsPower(Symbol(),Period(),iPowerPeriod,PowerPrice,i));
if(x<0) value1=0;
if(x>0) value1=1;
if(y<0) value2=0;
if(y>0) value2=-1;
ExtMapBuffer1[i]=value1;
ExtMapBuffer2[i]=value2;
} //end for
//+------------------------------------------------------------------+
//ObjectCreate("vl",OBJ_VLINE,WindowFind("iTrend"),Time[-1],Close[0]);
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains open prices of each bar
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Series array that contains close prices for each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Bollinger bands indicator
Bears Power indicator
Bulls Power indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: