//+------------------------------------------------------------------+
//| T3 Bands.mq4 |
//| |
//| |
//+------------------------------------------------------------------+
#property indicator_separate_window
#property indicator_buffers 5
#property indicator_color1 Green
#property indicator_color2 Red
#property indicator_color3 Blue
#property indicator_color4 Yellow
#property indicator_color5 Silver
//----
extern int MA_Period_1 = 5;
extern int MA_Period_2 = 15;
extern int MA_Period_3 = 20;
extern int MA_Period_4 = 35;
extern int MA_Period_5 = 80;
#include ""
//---- input parameters
extern double b = 0.86;
//---- buffers
double MapBuffer1[];
double MapBuffer2[];
double MapBuffer3[];
double MapBuffer4[];
double MapBuffer5[];
//----
double e1[6],e2[6],e3[6],e4[6],e5[6],e6[6];
double c1[6],c2[6],c3[6],c4[6];
double n[6],w1[6],w2[6],b2[6],b3[6];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators setting
SetIndexStyle(0, DRAW_LINE, STYLE_SOLID, 1, Green);
SetIndexStyle(1, DRAW_LINE, STYLE_SOLID, 1, Red);
SetIndexStyle(2, DRAW_LINE, STYLE_SOLID, 1, Blue);
SetIndexStyle(3, DRAW_LINE, STYLE_SOLID, 1, Yellow);
SetIndexStyle(4, DRAW_LINE, STYLE_SOLID, 1, Silver);
IndicatorDigits(MarketInfo(Symbol(), MODE_DIGITS));
IndicatorShortName("T3 Bands");
//----
SetIndexBuffer(0, MapBuffer1);
SetIndexBuffer(1, MapBuffer2);
SetIndexBuffer(2, MapBuffer3);
SetIndexBuffer(3, MapBuffer4);
SetIndexBuffer(4, MapBuffer5);
//---- variable reset
n[1] = MA_Period_1;
n[2] = MA_Period_2;
n[3] = MA_Period_3;
n[4] = MA_Period_4;
n[5] = MA_Period_5;
//----
for(int l=0; l < 6; l++)
{
e1[l] = 0; e2[l] = 0; e3[l] = 0; e4[l] = 0; e5[l] = 0; e6[l] = 0;
c1[l] = 0; c2[l] = 0; c3[l] = 0; c4[l] = 0;
w1[l] = 0; w2[l] = 0;
b2[l] = 0; b3[l] = 0;
//----
b2[l] = b*b;
b3[l] = b2[l]*b;
c1[l] = -b3[l];
c2[l] = (3*(b2[l] + b3[l]));
c3[l] = -3*(2*b2[l] + b + b3[l]);
c4[l] = (1 + 3*b + b3[l] + 3*b2[l]);
//----
if(n[l] < 1)
n[l] = 1;
n[l] = 1 + 0.5*(n[l] - 1);
w1[l] = 2 / (n[l] + 1);
w2[l] = 1 - w1[l];
}
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int limit, MB[], ii, i;
int counted_bars = IndicatorCounted();
//----
if(counted_bars < 0)
return(-1);
if(counted_bars > 0)
counted_bars--;
limit = Bars - counted_bars;
//---- indicator calculation
for(i = limit; i >= 0; i--)
{
for(ii = 0; ii < 6; ii++)
{
e1[ii] = w1[ii]*Close[i] + w2[ii]*e1[ii];
e2[ii] = w1[ii]*e1[ii] + w2[ii]*e2[ii];
e3[ii] = w1[ii]*e2[ii] + w2[ii]*e3[ii];
e4[ii] = w1[ii]*e3[ii] + w2[ii]*e4[ii];
e5[ii] = w1[ii]*e4[ii] + w2[ii]*e5[ii];
e6[ii] = w1[ii]*e5[ii] + w2[ii]*e6[ii];
//----
if(ii == 1)
MapBuffer1[i] = c1[ii]*e6[ii] + c2[ii]*e5[ii] + c3[ii]*e4[ii] + c4[ii]*e3[ii];
if(ii == 2)
MapBuffer2[i] = c1[ii]*e6[ii] + c2[ii]*e5[ii] + c3[ii]*e4[ii] + c4[ii]*e3[ii];
if(ii == 3)
MapBuffer3[i] = c1[ii]*e6[ii] + c2[ii]*e5[ii] + c3[ii]*e4[ii] + c4[ii]*e3[ii];
if(ii == 4)
MapBuffer4[i] = c1[ii]*e6[ii] + c2[ii]*e5[ii] + c3[ii]*e4[ii] + c4[ii]*e3[ii];
if(ii == 5)
MapBuffer5[i] = c1[ii]*e6[ii] + c2[ii]*e5[ii] + c3[ii]*e4[ii] + c4[ii]*e3[ii];
}
}
//----
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: