/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| Juice.mq4 |
//| Perky_z |
//| http://fxovereasy.atspace.com/index |
//+------------------------------------------------------------------+
#property copyright "perky"
#property link "http://fxovereasy.atspace.com/index"
//---- indicator settings
#property indicator_separate_window
#property indicator_buffers 3
#property indicator_color1 LimeGreen
#property indicator_color2 Red
#property indicator_color3 Orange
#property indicator_width1 2
#property indicator_width2 2
#property indicator_width3 2
#property indicator_level1 0.0
#property indicator_level2 8.0
#property indicator_level3 11.0
#property indicator_level4 4.0
//---- indicator parameters
extern int period=7;
extern int thresholdLevel=8;
extern int soSoLevel=4;
double thresholdLevelPoint;
double soSoLevelPoint;
//---- indicator buffers
double GoodJuice[];
double BadJuice[];
double SoSoJuice[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID);
SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID);
SetIndexStyle(2,DRAW_HISTOGRAM,STYLE_SOLID);
SetIndexDrawBegin(0,period);
SetIndexDrawBegin(1,period);
SetIndexDrawBegin(2,period);
IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)+2);
SetIndexBuffer(0,GoodJuice);
SetIndexBuffer(1,BadJuice);
SetIndexBuffer(2,SoSoJuice);
IndicatorDigits(2);
thresholdLevelPoint = thresholdLevel * Point;
soSoLevelPoint = soSoLevel * Point;
SetLevelValue(0, 0.0);
SetLevelValue(1, soSoLevel);
SetLevelValue(2, thresholdLevel);
IndicatorShortName("Juice("+period+","+DoubleToStr(thresholdLevelPoint,Digits)+")");
return(0);
}
//+------------------------------------------------------------------+
//| Moving Average of Oscillator |
//+------------------------------------------------------------------+
int start()
{
int limit,i;
int counted_bars=IndicatorCounted();
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
for(i=limit; i>=0; i--)
{
double stddev = iStdDev(NULL,0,period,MODE_EMA,0,PRICE_CLOSE,i);
if (stddev >= thresholdLevelPoint)
{
GoodJuice[i] = stddev / Point;
BadJuice[i] = 0.0;
SoSoJuice[i] = 0.0;
}
else if (stddev < soSoLevelPoint)
{
BadJuice[i] = stddev / Point;
GoodJuice[i] = 0.0;
SoSoJuice[i] = 0.0;
}
else
{
SoSoJuice[i] = stddev / Point;
GoodJuice[i] = 0.0;
BadJuice[i] = 0.0;
}
}
return(0);
}
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Standard Deviation indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: