//+------------------------------------------------------------------+
//| CCISqueeze.mq4 |
//| |
//| Original BBSqueeze.mq4 |
//| Copyright © 2005, Nick Bilak, beluck[AT]gmail.com |
//| http://metatrader.50webs.com/ |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, ch33z3"
#property link "http://4xjournal.blogspot.com/"
#property indicator_separate_window
#property indicator_buffers 4
#property indicator_color1 DeepSkyBlue
#property indicator_color2 Blue
#property indicator_color3 Red
#property indicator_color4 Green
//---- input parameters
extern int CCIPeriod=14;
extern int ApplyTo=5;
extern int BBPeriod=20;
extern double BBDeviation=2.0;
extern int KCPeriod=02;
extern double KCFactor=1.5;
extern bool AlertBox=false;
extern bool AudioAlert=false;
//---- buffers
double CCIBuffer[];
double CCIBuffer2[];
double RelBuffer[];
double DevBuffer[];
double MovBuffer[];
double upK[];
double loK[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- 3 additional buffers are used for counting.
IndicatorBuffers(7);
SetIndexBuffer(4, RelBuffer);
SetIndexBuffer(5, DevBuffer);
SetIndexBuffer(6, MovBuffer);
//---- indicator lines
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexBuffer(0,CCIBuffer);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(1,CCIBuffer2);
//---- name for DataWindow and indicator subwindow label
short_name="CCI("+CCIPeriod+")";
IndicatorShortName(short_name);
SetIndexLabel(0,short_name);
//----
SetIndexDrawBegin(0,CCIPeriod);
SetIndexDrawBegin(1,CCIPeriod);
//----
SetIndexStyle(2,DRAW_ARROW,0,2);
SetIndexBuffer(2,upK);
SetIndexEmptyValue(2,EMPTY_VALUE);
SetIndexArrow(2,159);
SetIndexStyle(3,DRAW_ARROW,0,2);
SetIndexBuffer(3,loK);
SetIndexEmptyValue(3,EMPTY_VALUE);
SetIndexArrow(3,159);
return(0);
}
//+------------------------------------------------------------------+
//| Commodity Channel Index |
//+------------------------------------------------------------------+
int start()
{
int i,k,counted_bars=IndicatorCounted();
double price,sum,mul;
if(Bars<=CCIPeriod) return(0);
//---- initial zero
if(counted_bars<1)
{
for(i=1;i<=CCIPeriod;i++) CCIBuffer[Bars-i]=0.0;
for(i=1;i<=CCIPeriod;i++) CCIBuffer2[Bars-i]=0.0;
for(i=1;i<=CCIPeriod;i++) DevBuffer[Bars-i]=0.0;
for(i=1;i<=CCIPeriod;i++) MovBuffer[Bars-i]=0.0;
}
//---- last counted bar will be recounted
int limit=Bars-counted_bars;
if(counted_bars>0) limit++;
//---- moving average
for(i=0; i<limit; i++)
MovBuffer[i]=iMA(NULL,0,CCIPeriod,0,MODE_SMA,ApplyTo,i);
//---- standard deviations
i=Bars-CCIPeriod+1;
if(counted_bars>CCIPeriod-1) i=Bars-counted_bars-1;
mul=0.015/CCIPeriod;
while(i>=0)
{
sum=0.0;
k=i+CCIPeriod-1;
while(k>=i)
{
price=(High[k]+Low[k]+Close[k])/3;
sum+=MathAbs(price-MovBuffer[i]);
k--;
}
DevBuffer[i]=sum*mul;
i--;
}
i=Bars-CCIPeriod+1;
if(counted_bars>CCIPeriod-1) i=Bars-counted_bars-1;
while(i>=0)
{
price=(High[i]+Low[i]+Close[i])/3;
RelBuffer[i]=price-MovBuffer[i];
i--;
}
//---- cci counting
i=Bars-CCIPeriod+1;
if(counted_bars>CCIPeriod-1) i=Bars-counted_bars-1;
while(i>=0)
{
if(DevBuffer[i]==0.0) {
CCIBuffer[i]=0.0;
CCIBuffer2[i]=0.0; }
else {
CCIBuffer[i]=RelBuffer[i]/DevBuffer[i];
CCIBuffer2[i]=RelBuffer[i]/DevBuffer[i]; }
i--;
}
//---- squeeze
double diff, std, bbs;
for(i=0; i<=limit; i++) {
diff = iATR(NULL,0,KCPeriod,i)*KCFactor;
std = iStdDev(NULL,0,BBPeriod,MODE_SMA,0,PRICE_CLOSE,i);
bbs = BBDeviation * std / diff;
if(bbs<1) {
upK[i]=0;
loK[i]=EMPTY_VALUE; }
else {
loK[i]=0;
upK[i]=EMPTY_VALUE;
if (AlertBox == true && i == 0) Alert("Alert for ", Symbol(), " on ", Period(), " chart!");
if (AudioAlert == true && i == 0) PlaySound("alert.wav"); } }
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
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
Implements a curve of type DRAW_ARROW
Indicators Used:
Moving average indicator
Indicator of the average true range
Standard Deviation indicator
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen
It plays sound alerts