//+------------------------------------------------------------------+
//| |
//| Copyright © 1999-2007, MetaQuotes Software Corp. |
//| http://www.metaquotes.ru |
//+------------------------------------------------------------------+
#property copyright "Metatrader4 Code by jjk2. Based on MBA Thesis from Simon Fraser University written by C.E. ALDEA."
#property link ""
#property indicator_separate_window
#property indicator_buffers 3
//----
#property indicator_color1 Green
#property indicator_color2 Yellow
#property indicator_color3 White
#property indicator_width1 3
#property indicator_width2 3
#property indicator_width3 1
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
IndicatorBuffers(4);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexBuffer(2,ExtMapBuffer3);
SetIndexBuffer(3,ExtMapBuffer4);
//
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexStyle(1,DRAW_HISTOGRAM);
SetIndexLabel(2,NULL);
//
string short_name="ZigZag BETA Current value:";
IndicatorShortName(short_name);
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int limit;
//----
if (counted_bars<0) return(-1);
if (counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
//----
for(int i=limit; i>=0; i--)
{
double MACD =iMACD(NULL,0,12,26,9,PRICE_CLOSE,0,i);
double Stoch =iStochastic(NULL,0,9,6,2,MODE_SMA,1,0,i);
double RSI =iRSI(NULL,0,9,PRICE_CLOSE,i);
double moment=iMomentum(NULL,0,9,PRICE_CLOSE,i);
//----
if (moment!=0)
ExtMapBuffer4[i]=Stoch*(MACD+RSI)/moment;
else ExtMapBuffer4[i]=0.00;
}
for(i=limit; i>=0; i--)
{
ExtMapBuffer3[i]=iMAOnArray(ExtMapBuffer4,0,2,0,MODE_SMA,i);
if (ExtMapBuffer3[i]>ExtMapBuffer3[i+1])
{
ExtMapBuffer1[i]=ExtMapBuffer3[i];
ExtMapBuffer2[i]=EMPTY_VALUE;
}
else
{
ExtMapBuffer2[i]=ExtMapBuffer3[i];
ExtMapBuffer1[i]=EMPTY_VALUE;
}
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
MACD Histogram
Stochastic oscillator
Relative strength index
Momentum indicator
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: