Predict_v2





//+------------------------------------------------------------------+
//|                                        Created by Ronald Verwer. |
//|                                                      Predict.mq4 |
//|                      Copyright; 2006 © by Ronald Verwer/ROVERCOM |
//+------------------------------------------------------------------+
#property copyright "Copyright 2006 © Ronald Verwer / ROVERCOM"
//----
#property indicator_chart_window
#property indicator_buffers 3
#property indicator_color1 Blue
#property indicator_color2 Magenta
#property indicator_color3 Orange
#property indicator_width1 2
#property indicator_width2 2
#property indicator_width3 2
//----
extern int BuyLevel=56;
extern int SellLevel=56;
extern bool    Use_Single_Arrows           =false;//true;
//----
double Up[];
double Dn[];
double Fl[];
double Drctn[];
//+------------------------------------------------------------------+
//| Indicator Initialization Function                                |
//+------------------------------------------------------------------+
int init()
  {
   IndicatorBuffers(4);
   SetIndexStyle(0,DRAW_ARROW,0,2);
   SetIndexArrow(0,233);
   SetIndexStyle(1,DRAW_ARROW,0,2);
   SetIndexArrow(1,234);
   SetIndexStyle(2,DRAW_ARROW,0,2);
   SetIndexArrow(2,159);
   //
   SetIndexBuffer(0,Up);
   SetIndexBuffer(1,Dn);
   SetIndexBuffer(2,Fl);
   SetIndexBuffer(3,Drctn);
   //
   IndicatorShortName("Prediction");
   SetIndexLabel(0,"Up");
   SetIndexLabel(1,"Dn");
   SetIndexLabel(2,"Flat");
   //
   SetIndexDrawBegin(0,10);
   SetIndexDrawBegin(1,10);
   SetIndexDrawBegin(2,10);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Indicator De-Initialization Function                             |
//+------------------------------------------------------------------+
int deinit()
  {
   return(0);
  }
//+------------------------------------------------------------------+
//| EMA_Levels                                                       |
//+------------------------------------------------------------------+
int start()
  {
   int i,limit;
   double D1,D2,Pr;
   string Txt;
   int counted_bars=IndicatorCounted();
   if(counted_bars<0) return(-1);
   if(counted_bars>0) counted_bars--;
//----   
   limit=Bars-counted_bars;
//----
   for(i=limit;i>=0;i--)
     {
      Up[i]=EMPTY_VALUE;
      Dn[i]=EMPTY_VALUE;
      Fl[i]=EMPTY_VALUE;
      D1=(Close[i+1]+Close[i+2])/2;
      D2=(Close[i+1]+Close[i+2]+Close[i+3]+Close[i+4]+Close[i+5])/5;
      if(Close[i+1]!=0)
         Pr=((MathAbs(D1-D2)/Close[i+1]*125.75 + 0.54528)*10000)/100;
      if(D1>D2 && Pr>BuyLevel)
        {
         Drctn[i]=1;
         if(Drctn[i]!=Drctn[i+1] || !Use_Single_Arrows)
            Up[i]=Low[i] - 4 * Point;
        }
      else if(D1<D2 && Pr>SellLevel)
           {
            Drctn[i]=-1;
            if(Drctn[i]!=Drctn[i+1] || !Use_Single_Arrows)
               Dn[i]=High[i] + 4 * Point;
           }
         else if(Pr>50 && Pr<60)
              {
               Drctn[i]=0;
               if(Drctn[i+1]==1)
                  Fl[i]=Low[i] - 4 * Point;
               else if(Drctn[i+1]==-1)
                     Fl[i]=High[i] + 4 * Point;
              }
            else
               Drctn[i]=0;
     }
   if(Drctn[0]==-1) Txt="Short";
   else if(Drctn[0]==1) Txt="Long";
      else Txt="Flat";
   Comment("Predictions: Pr = "+DoubleToStr(Pr,3)+" ; Current Signal =  "+Txt);
   return(0);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:

Series array that contains close prices for each bar
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:



Custom Indicators Used:

Order Management characteristics:

Other Features: