OsMA_In_Color





/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------------------------------------+
//|                                                OsMA_In_Color.mq4 |
//|                                   Copyright © 2006, Robert Hill. |
//|                                                                  |
//| Draws histogram in color for OsMA aka MACD Histogram             |
//+------------------------------------------------------------------+
#property  copyright "Copyright © 2006, Robert Hill"
//---- indicator settings
#property  indicator_separate_window
#property  indicator_buffers 2
#property  indicator_color1  Green
#property  indicator_color2  Red
#property indicator_width1  3
#property indicator_width2  3

//---- indicator parameters
extern int FastEMA=12;
extern int SlowEMA=26;
extern int SignalSMA=9;
//---- indicator buffers
double     ind_buffer1[];
double     ind_buffer2[];
double     ind_buffer3[];
double     ind_buffer4[];

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- 2 additional buffers are used for counting.
   IndicatorBuffers(4);
//---- drawing settings
   SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID);
   SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID);
   SetIndexDrawBegin(0,SignalSMA);
   IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)+2);
//---- 3 indicator buffers mapping
   if(!SetIndexBuffer(0,ind_buffer1) &&
      !SetIndexBuffer(1,ind_buffer2) &&
      !SetIndexBuffer(2,ind_buffer3) &&
      !SetIndexBuffer(3,ind_buffer4))
      Print("cannot set indicator buffers!");
//---- name for DataWindow and indicator subwindow label
   IndicatorShortName("OsMA("+FastEMA+","+SlowEMA+","+SignalSMA+")");
//---- initialization done
   return(0);
  }
//+------------------------------------------------------------------+
//| Moving Average of Oscillator                                     |
//+------------------------------------------------------------------+
int start()
  {
   int limit;
   double temp;
   
   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_buffer3[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_buffer4[i]=iMAOnArray(ind_buffer3,Bars,SignalSMA,0,MODE_SMA,i);
//---- main loop
   for(i=0; i<limit; i++)
   {
     ind_buffer1[i]=0;
     ind_buffer2[i] = 0;
     temp=ind_buffer3[i]-ind_buffer4[i];
     if (temp >=0)
       ind_buffer1[i] = temp;
     else
       ind_buffer2[i] = temp;
    }
     
//---- done
   return(0);
  }
//+------------------------------------------------------------------+





Sample





Analysis



Market Information Used:



Indicator Curves created:

Implements a curve of type DRAW_HISTOGRAM


Indicators Used:

Moving average indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: