//+------------------------------------------------------------------+
//| MACD with crossing.mq4 |
//| Copyright © 2004, MetaQuotes Software Corp. |
//| http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
#property copyright ""
#property link ""
//---- indicator settings
#property indicator_separate_window
#property indicator_buffers 3
#property indicator_color1 Gold
#property indicator_color2 Red
#property indicator_color3 Gray
#property indicator_width1 2
//---- indicator parameters
extern int FastEMA=12;
extern int SlowEMA=26;
extern int SignalSMA=9;
//---- indicator buffers
double MacdBuffer[];
double SignalBuffer[];
double HistogramBuffer[];
//---- globals
int maxLines;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
SetIndexStyle(0,DRAW_LINE);
SetIndexStyle(1,DRAW_LINE);
SetIndexStyle(2,DRAW_HISTOGRAM);
//
SetIndexBuffer(0,MacdBuffer);
SetIndexBuffer(1,SignalBuffer);
SetIndexBuffer(2,HistogramBuffer);
//
SetIndexLabel(0,"MACD");
SetIndexLabel(1,"Signal");
SetIndexLabel(2,"MACD-Signal");
//
SetIndexDrawBegin(1,SignalSMA);
IndicatorDigits(Digits+1);
IndicatorShortName("MACD("+FastEMA+","+SlowEMA+","+SignalSMA+")");
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int deinit()
{
DeleteLines();
return(0);
}
//+------------------------------------------------------------------+
//| Moving Averages Convergence/Divergence |
//+------------------------------------------------------------------+
int start()
{
double crossing;
int limit,i;
int counted_bars=IndicatorCounted();
//----
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
//----
for(i=0; i<limit; i++) MacdBuffer[i]=iMA(NULL,0,FastEMA,0,MODE_EMA,PRICE_CLOSE,i)-iMA(NULL,0,SlowEMA,0,MODE_EMA,PRICE_CLOSE,i);
for(i=0; i<limit; i++)
{
SignalBuffer[i]=iMAOnArray(MacdBuffer,Bars,SignalSMA,0,MODE_SMA,i);
HistogramBuffer[i]=MacdBuffer[i] - SignalBuffer[i];
}
//----
DeleteLines();
for(i=WindowBarsPerChart(); i>0 ;i--)
{
crossing=(MacdBuffer[i]-SignalBuffer[i])*(MacdBuffer[i+1]-SignalBuffer[i+1]);
if (crossing < 0)
{
maxLines+=1;
ObjectCreate("MacdCross"+maxLines,0,0,Time[i],0);
ObjectSet("MacdCross"+maxLines,OBJPROP_COLOR,DimGray);
ObjectSet("MacdCross"+maxLines,OBJPROP_STYLE,STYLE_DOT);
}
}
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void DeleteLines()
{
for(int i=1;i<=maxLines;i++) ObjectDelete("MacdCross"+i); maxLines=0;
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: