//+--------------------------------------------------------------------+
//| #MTF_FibBreakout1.3.mq4 |
//| version 1.3 |
//| http://www.forexfactory.com/showthread.php?t=30109 |
//| based on Spud's MTF FIB Breakout System |
//| |
//| This indicator will display the K% line of the Stochastic only |
//| You can turn the Alert on or off and it'll alert only once per bar |
//| |
//| version 1.1: 2 stochs are combined into 1 indicator |
//| version 1.2: changed alerts according to new rules |
//| version 1.3: added some dots where stochs crossed and this version |
//| goes MTF (Multi Time Frame)|
//+--------------------------------------------------------------------+
#property copyright "Copyright © 2006-07, Keris2112"
#property link "http://www.forex-tsd.com"
//----
#property indicator_separate_window
#property indicator_minimum 0
#property indicator_maximum 100
#property indicator_buffers 4
#property indicator_color1 Blue //Stoch 5,3,3
#property indicator_color2 Red //Stoch 14,3,3
#property indicator_style2 STYLE_DOT //Stoch 14,3,3
#property indicator_color3 Lime
#property indicator_color4 Red
#property indicator_level1 76.4
#property indicator_level2 61.8
#property indicator_level3 50.0
#property indicator_level4 38.2
#property indicator_level5 23.6
//---- input parameters
/*************************************************************************
_M1 1
_M5 5
_M15 15
_M30 30
_H1 60
_H4 240
_D1 1440
_W1 10080
_MN1 43200
You must use the numeric value of the timeframe that you want to use
when you set the TimeFrame' value with the indicator inputs.
---------------------------------------
MODE_SMA 0 Simple moving average,
MODE_EMA 1 Exponential moving average,
MODE_SMMA 2 Smoothed moving average,
MODE_LWMA 3 Linear weighted moving average.
You must use the numeric value of the MA Method that you want to use
when you set the 'ma_method' value with the indicator inputs.
**************************************************************************/
extern string note1="Current timeframe = 0, 30M chart = 30";
extern string note2="1H chart = 60, 4H chart = 240";
extern int TimeFrame=0;
extern string note3="First Stochastic";
extern int K1=5;
extern int D1=3;
extern int Slowing1=3;
extern string note4="Second Stochastic";
extern int K2=14;
extern int D2=3;
extern int Slowing2=3;
extern string note5="turn on Alert = true; turn off = false";
extern bool AlertOn=false;
extern string note6="draw dots? yes = true; no = false";
extern bool DotsDrawing=true;
//extern string note5 = "PriceField: 0=Hi/Low 1=Close/Close";
//extern int MAMethod1=0;
//extern int PriceField1=0;
//extern int MAMethod2=0;
//extern int PriceField2=0;
// PriceField: 0=Hi/Low 1=Close/Close
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double BuyBreakout[];
double SellBreakout[];
//+-- Show regular timeframe string (HCY) ---------------------------+
string AlertPrefix;
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
string GetTimeFrameStr()
{
switch(TimeFrame)
{
case 1 : string TimeFrameStr2="M1"; break;
case 5 : TimeFrameStr2="M5"; break;
case 15 : TimeFrameStr2="M15"; break;
case 30 : TimeFrameStr2="M30"; break;
case 60 : TimeFrameStr2="H1"; break;
case 240 : TimeFrameStr2="H4"; break;
case 1440 : TimeFrameStr2="D1"; break;
case 10080 : TimeFrameStr2="W1"; break;
case 43200 : TimeFrameStr2="MN1"; break;
}
return(TimeFrameStr2);
} //string GetTimeFrameStr()
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicator line
IndicatorBuffers(4);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexStyle(1,DRAW_LINE);
if (DotsDrawing)
{
SetIndexStyle(2,DRAW_ARROW,STYLE_SOLID);
SetIndexArrow(2,159);
SetIndexBuffer(2,BuyBreakout);
//
SetIndexStyle(3,DRAW_ARROW,STYLE_SOLID);
SetIndexArrow(3,159);
SetIndexBuffer(3,SellBreakout);
} // if (DotsDrawing)
// Show regular timeframe string (HCY)
if (TimeFrame==0)
{
TimeFrame=Period();
}
AlertPrefix=Symbol()+" ("+GetTimeFrameStr()+"): ";
//---- name for DataWindow and indicator subwindow label
IndicatorShortName(Symbol()+","+GetTimeFrameStr()+" Stoch("+K1+","+D1+","+Slowing1+")"+" Stoch("+K2+","+D2+","+Slowing2+")");
}
//----
return(0);
//+------------------------------------------------------------------+
bool NewBar()
{
static datetime lastbar;
datetime curbar=Time[0];
if(lastbar!=curbar)
{
lastbar=curbar;
return(true);
}
else
{
return(false);
}
}
//+------------------------------------------------------------------+
//| MTF Stochastic |
//+------------------------------------------------------------------+
int start()
{
datetime TimeArray[];
int i,shift,limit,y=0,counted_bars=IndicatorCounted();
// Plot defined timeframe on to current timeframe
ArrayCopySeries(TimeArray,MODE_TIME,Symbol(),TimeFrame);
//----
limit=Bars-counted_bars;
for(i=0,y=0;i<limit;i++)
{
if (Time[i]<TimeArray[y]) y++;
/***********************************************************
Add your main indicator loop below. You can reference an existing
indicator with its iName or iCustom.
Rule 1: Add extern inputs above for all neccesary values
Rule 2: Use 'TimeFrame' for the indicator timeframe
Rule 3: Use 'y' for the indicator's shift value
**********************************************************/
// ExtMapBuffer1[i]=iStochastic(NULL,TimeFrame,K1,D1,Slowing1,MAMethod,PriceField,0,y);
// ExtMapBuffer2[i]=iStochastic(NULL,TimeFrame,K2,D2,Slowing2,MAMethod,PriceField,0,y);
ExtMapBuffer1[i]=iStochastic(NULL,TimeFrame,K1,D1,Slowing1,0,0,0,y);
ExtMapBuffer2[i]=iStochastic(NULL,TimeFrame,K2,D2,Slowing2,0,0,0,y);
SellBreakout[i]=EMPTY_VALUE;
BuyBreakout[i]=EMPTY_VALUE;
if (K2 > K1)
{
if(ExtMapBuffer2[i]>=indicator_level1)
{
BuyBreakout[i]=indicator_level1;
}
else
if(ExtMapBuffer2[i]<=indicator_level5)
{
SellBreakout[i]=indicator_level5;
}
} // if (K2 > K1)
else
{
if(ExtMapBuffer1[i]>=indicator_level1)
{
BuyBreakout[i]=indicator_level1;
}
else
if(ExtMapBuffer1[i]<=indicator_level5)
{
SellBreakout[i]=indicator_level5;
}
} // if (K2 > K1)
} //for(i=0,y=0;i<limit;i++)
//-- Alerts ---
if(AlertOn && NewBar())
{
if((ExtMapBuffer1[0]>=indicator_level1) && (ExtMapBuffer2[0]>=indicator_level1))
{
Alert(AlertPrefix+"Both Stochs cross up 76.4%");
}
else
{
if(ExtMapBuffer1[0]>=indicator_level1)
{
Alert(AlertPrefix+"Only Stoch("+K1+","+D1+","+Slowing1+") crosses up 76.4%");
}
if(ExtMapBuffer2[0]>=indicator_level1)
{
Alert(AlertPrefix+"Only Stoch("+K2+","+D2+","+Slowing2+") crosses up 76.4%");
}
}
if((ExtMapBuffer1[0]<=indicator_level5) && (ExtMapBuffer2[0]<=indicator_level5))
{
Alert(AlertPrefix+"Both Stochs cross down 23.6%");
}
else
{
if(ExtMapBuffer1[0]<=indicator_level5)
{
Alert(AlertPrefix+"Only Stoch("+K1+","+D1+","+Slowing1+") crosses down 23.6%");
}
if(ExtMapBuffer2[0]<=indicator_level5)
{
Alert(AlertPrefix+"Only Stoch("+K2+","+D2+","+Slowing2+") crosses down 23.6%");
}
}
}
//----
return(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_ARROW
Indicators Used:
Stochastic oscillator
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen