MTFPI-sub3





//KurlFX 2009.01.31
//+------------------------------------------------------------------+
//|	*** MTFPI-sub3 ***		SL-line based on stochastic cross		|
//+------------------------------------------------------------------+
#property copyright "Copyright (c) 2009,Kurl FX"//*rev.2/2/09
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Green 
#property indicator_color2 OrangeRed

extern int K_Period = 5;
extern int D_Period = 3;
extern int Slowing = 3;

double BS[];//StopLoss;Buy
double SS[];//StopLoss;Sell
double BG[];//sign;Buy/No 
double SG[];//sign;Sell/No
double Bx[];//price;at stochas up cross
double Sx[];//price;at stochas dn cross
double Sto[];//stochastic;main
double Sig[];//stochastic;signal
//+------------------------------------------------------------------+
//|  Custom indicator initialization function                        |
//+------------------------------------------------------------------+
int init()
{
	IndicatorBuffers(8);
	SetIndexBuffer(0, BS);
	SetIndexBuffer(1, SS);
	SetIndexBuffer(2, BG);
	SetIndexBuffer(3, SG);
	SetIndexBuffer(4, Bx);
	SetIndexBuffer(5, Sx);
	SetIndexBuffer(6, Sto);
	SetIndexBuffer(7, Sig);
	SetIndexLabel(0,"BuySL");
	SetIndexLabel(1,"SellSL");
	return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
{
	return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
{
	static int Pos;//*must be static
	int counted_bar=IndicatorCounted();
	int limit=Bars-counted_bar;
	if(counted_bar==0)limit-=K_Period+D_Period+Slowing;
	for(int i=limit-1;i>=0;i--) 
	{
		Sto[i]=iStochastic(NULL,0,K_Period,D_Period,Slowing,MODE_SMA,0,MODE_MAIN,i);
		Sig[i]=iStochastic(NULL,0,K_Period,D_Period,Slowing,MODE_SMA,0,MODE_SIGNAL,i);
	} 
	if(counted_bar==0){limit-=50;BS[limit]=EMPTY_VALUE;SS[limit]=EMPTY_VALUE;}
	for(i=limit-1;i>=0;i--)
	{ 
		BS[i]=BS[i+1];SS[i]=SS[i+1];
		if (Sto[i+1]<=Sig[i+1] && Sto[i]>Sig[i])Pos=1;
		if (Sto[i+1]>=Sig[i+1] && Sto[i]<Sig[i])Pos=-1;
		if (Pos>0)
		{
			for(int j=2;j<=50;j++)
			{     
				if(Sto[i+j+1]<=Sig[i+j+1]&&Sto[i+j]>Sig[i+j]){Bx[i]=MathMin(Low[i+j+1],Low[i+j]);break;}
			}
		}
		else Bx[i]=Bx[i+1];
		if (Pos<0)
		{
			for(j=2;j<=50;j++)
			{
				if(Sto[i+j+1]>=Sig[i+j+1]&&Sto[i+j]<Sig[i+j]){Sx[i]=MathMax(High[i+j+1],High[i+j]);break;}
			}
		}
		else Sx[i]=Sx[i+1];

		int bx=0;
		if(Close[i+1]<=Bx[i+1]&&Close[i]>Bx[i])bx=1;
		else{if(Close[i+1]>=Bx[i+1]&&Close[i]<Bx[i])bx=-1;}
		int sx=0;
		if (Close[i+1]<=Sx[i+1]&&Close[i]>Sx[i])sx=1;
		else{if(Close[i+1]>=Sx[i+1]&&Close[i]<Sx[i])sx=-1;}

		BG[i]=EMPTY_VALUE;SG[i]=EMPTY_VALUE;
		double sxh=MathMax(Low[i+1],Sx[i]);double sxl=MathMin(High[i+1],Sx[i]);
		double bxh=MathMax(Low[i+1],Bx[i]);double bxl=MathMin(High[i+1],Bx[i]);
		if(bx==1)
		{
			BG[i]=Close[i];
			BS[i]=bxh;
		}
		if(sx==1)
		{  
			BS[i]=sxh;
			if(BS[i+1]==EMPTY_VALUE)BG[i]=Close[i];
		}
		if(sx==-1)
		{
			SG[i]=Close[i];
			SS[i]=sxl;
		}
		if(bx==-1)
		{
			if(SS[i+1]==EMPTY_VALUE)SG[i]=Close[i];
			SS[i] = bxl;
		}
		if (BG[i+1]!=EMPTY_VALUE&&SG[i]==EMPTY_VALUE)SS[i]=EMPTY_VALUE;
		if (SG[i+1]!=EMPTY_VALUE&&BG[i]==EMPTY_VALUE)BS[i]=EMPTY_VALUE;

		if (BS[i]!=EMPTY_VALUE){double d=MathMin(Low[i+2],Low[i+1]);BS[i]=MathMax(d,BS[i]);}
		if (SS[i]!=EMPTY_VALUE){d=MathMax(High[i+2],High[i+1]);SS[i]=MathMin(d,SS[i]);}
	}
	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
Series array that contains close prices for each bar


Indicator Curves created:



Indicators Used:

Stochastic oscillator


Custom Indicators Used:

Order Management characteristics:

Other Features: