/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
// you are free to use and improve, however I would appreciate you send me your versions at gideonsmolders(@)gmail.com
//ATTENTION: error messages: zero divide
#property copyright "Gideon Smolders,2005"
#property link "gideonsmolders(@)gmail.com"
//---- indicator settings
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Olive
#property indicator_color2 FireBrick
//---- indicator parameters
extern int FastEMA=12;
extern int SlowEMA=26;
extern int SignalSMA=9;
extern double DivCalc1=0.3;
extern double DivCalc2=0.35;
extern double DivCalc3=0.45;
extern double DivCalc4=0.60;
//---- indicator buffers
double ind_buffer1a[];
double ind_buffer1b[];
double ind_buffer2[];
double ind_buffer3[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- 2 additional buffers are used for counting.
IndicatorBuffers(4);
//---- drawing settings
SetIndexStyle(0,DRAW_ARROW);
SetIndexArrow(0,108);
SetIndexStyle(1,DRAW_ARROW);
SetIndexArrow(1,108);
//---- 3 indicator buffers mapping
if(!SetIndexBuffer(0,ind_buffer1a) &&
!SetIndexBuffer(1,ind_buffer1b) &&
!SetIndexBuffer(2,ind_buffer2) &&
!SetIndexBuffer(3,ind_buffer3))
Print("cannot set indicator buffers!");
//---- name for DataWindow and indicator subwindow label
IndicatorShortName("MACDsignalsv0.2("+FastEMA+","+SlowEMA+","+SignalSMA+")");
//---- initialization done
return(0);
}
//+------------------------------------------------------------------+
//| Moving Average |
//+------------------------------------------------------------------+
int start()
{
int limit;
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;
//---- macd counted in the 1-st additional buffer
for(int i=0; i<limit; i++)
ind_buffer2[i]=iMA(NULL,0,FastEMA,0,MODE_EMA,PRICE_CLOSE,i)
-iMA(NULL,0,SlowEMA,0,MODE_EMA,PRICE_CLOSE,i);
//---- signal line counted in the 2-nd additional buffer
for(i=0; i<limit; i++)
ind_buffer3[i]=iMAOnArray(ind_buffer2,Bars,SignalSMA,0,MODE_SMA,i);
//---- main loop
double value=0;
double prev1_value=0;
double prev2_value=0;
double prev3_value=0;
double prev4_value=0;
double div_value1=0;
double div_value2=0;
double div_value3=0;
double div1=0;
double div2=0;
double div3=0;
for(i=0; i<limit; i++)
{
ind_buffer1a[i]=0.0;
ind_buffer1b[i]=0.0;
value=ind_buffer2[i]-ind_buffer3[i];
prev1_value=ind_buffer2[i+1]-ind_buffer3[i+1];
prev2_value=ind_buffer2[i+2]-ind_buffer3[i+2];
prev3_value=ind_buffer2[i+3]-ind_buffer3[i+3];
prev4_value=ind_buffer2[i+4]-ind_buffer3[i+4];
if(prev1_value != 0) div_value1=MathAbs(div1/prev1_value); else div_value1 = 0;
if(prev2_value != 0) div_value1=MathAbs(div2/prev2_value); else div_value2 = 0;
if(prev3_value != 0) div_value1=MathAbs(div3/prev3_value); else div_value3 = 0;
div1=value-prev1_value;
div2=value-prev2_value;
div3=value-prev3_value;
if ((value>prev1_value && prev1_value<prev2_value && prev2_value<prev3_value && div_value1>DivCalc1) ||
(value>prev1_value && prev1_value>prev2_value && prev2_value<prev3_value && div_value2>DivCalc2) ||
(value>prev1_value && (prev1_value<prev2_value || prev1_value>prev2_value) && prev2_value>prev3_value && prev3_value<prev4_value && div_value3>DivCalc3) ||
(value>prev1_value && prev1_value>prev2_value && prev2_value>prev3_value && div_value1>DivCalc4) ) ind_buffer1a[i]=Low[i]-2*Point;
if ((value<prev1_value && prev1_value>prev2_value && prev2_value>prev3_value && div_value1>DivCalc1) ||
(value<prev1_value && prev1_value<prev2_value && prev2_value>prev3_value && div_value2>DivCalc2) ||
(value<prev1_value && (prev1_value>prev2_value || prev1_value<prev2_value) && prev2_value<prev3_value && prev3_value>prev4_value && div_value3>DivCalc3) ||
(value<prev1_value && prev1_value<prev2_value && prev2_value<prev3_value && div_value2>DivCalc4)) ind_buffer1b[i]=High[i]+2*Point;
}
//---- done
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains the lowest prices of each bar
Series array that contains the highest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_ARROW
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: