//+------------------------------------------------------------------+
//| ChandeQStick_v1.mq4 |
//| Copyright © 2006, TrendLaboratory Ltd. |
//| http://finance.groups.yahoo.com/group/TrendLaboratory |
//| E-mail: igorad2004@list.ru |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, TrendLaboratory Ltd."
#property link "http://finance.groups.yahoo.com/group/TrendLaboratory"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 LightBlue
#property indicator_color2 Orange
#property indicator_width1 3
#property indicator_width2 3
#property indicator_level1 0
//---- input parameters
extern int Length = 8; // Period of evaluation
extern int MA_Mode = 0; // MA mode : 0-SMA,1-EMA,2-SMMA,3-LWMA
//---- buffers
double CQS_Up[];
double CQS_Dn[];
double Diff[];
double CQS[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorBuffers(4);
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexBuffer(0,CQS_Up);
SetIndexStyle(1,DRAW_HISTOGRAM);
SetIndexBuffer(1,CQS_Dn);
SetIndexBuffer(2,Diff);
SetIndexBuffer(3,CQS);
//---- name for DataWindow and indicator subwindow label
string short_name="ChandeQStick("+Length+","+MA_Mode+")";
IndicatorShortName(short_name);
SetIndexLabel(0,"CQS Up");
SetIndexLabel(0,"CQS Down");
//----
SetIndexDrawBegin(0,Length);
SetIndexDrawBegin(1,Length);
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int shift, limit, counted_bars=IndicatorCounted();
//----
/*
if ( counted_bars < 0 ) return(-1);
if ( counted_bars ==0 ) limit=Bars-Length-1;
if ( counted_bars < 1 )
for(int i=1;i<Length;i++)
{
CQS_Up[Bars-i]=0;
CQS_Dn[Bars-i]=0;
CQS[Bars-i]=0;
Diff[Bars-i]=0;
}
if(counted_bars>0) limit=Bars-counted_bars;
*/
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
for( shift=limit; shift>=0; shift--)
Diff[shift] = Close[shift]-Open[shift];
for( shift=limit; shift>=0; shift--)
{
CQS[shift] = iMAOnArray(Diff,0,Length,0,MA_Mode,shift);
if (CQS[shift]>=CQS[shift+1]) {CQS_Up[shift]=CQS[shift];CQS_Dn[shift]=0;}
else
if (CQS[shift]<CQS[shift+1]) {CQS_Dn[shift]=CQS[shift];CQS_Up[shift]=0;}
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Series array that contains open prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: