/*-----------------------------+ | | | Shared by www.Aptrafx.com | | | +------------------------------*/ //+------------------------------------------------------------------+ //| ROC.mq4 | //| Copyright © 2006, Robert Hill | //| | //+------------------------------------------------------------------+ #property copyright "Copyright © 2006, Robert Hill" //---- indicator settings #property indicator_separate_window #property indicator_buffers 1 #property indicator_color1 Red //---- indicator parameters extern int RPeriod=10; extern bool UsePercent = false; //---- indicator buffers double RateOfChange[]; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- drawing settings SetIndexStyle(0,DRAW_LINE); SetIndexDrawBegin(0,RPeriod); IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)+1); //---- indicator buffers mapping if(!SetIndexBuffer(0,RateOfChange)) Print("cannot set indicator buffers!"); //---- name for DataWindow and indicator subwindow label IndicatorShortName("ROC("+RPeriod+")"); SetIndexLabel(0,"ROC"); //---- initialization done return(0); } //+------------------------------------------------------------------+ //| Moving Averages Convergence/Divergence | //+------------------------------------------------------------------+ int start() { int limit; double ROC, CurrentClose, PrevClose; 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; //---- ROC calculation for(int i=0; i<limit; i++) { CurrentClose = iClose(NULL,0,i); PrevClose = iClose(NULL,0,i+RPeriod); ROC=CurrentClose-PrevClose; if (UsePercent) { RateOfChange[i] = 100 * ROC / PrevClose; } else { RateOfChange[i] = ROC; } } //---- done return(0); }
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: