Trend Trigger Modified





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

//+------------------------------------------------------------------+
//|                                       Trend Trigger Modified.mq4 |
//|                      Copyright © 2005, MetaQuotes Software Corp. |
//|                                        http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, MetaQuotes Software Corp."
#property link      "http://www.metaquotes.net"

#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 SkyBlue
#property indicator_color2 LightSeaGreen
//---- input parameters
extern int       TTFbars=15;
extern int       t3_period=5;
extern double    b=0.7;
//---- buffers
double Buf1[];
double Buf2[];

// Variable Specific:
string IndicatorName = "py.TTF";
string Version = "S01";
double HighestHighRecent,
       HighestHighOlder,
       LowestLowRecent,
       LowestLowOlder,
       BuyPower,
       SellPower,TTF;
double t3,e1,e2,e3,e4,e5,e6,c1,c2,c3,c4,r,w1,w2,b2,b3;

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   SetIndexStyle(0,DRAW_LINE);
   SetIndexBuffer(0,Buf1);
   SetIndexStyle(1,DRAW_LINE);
   SetIndexBuffer(1,Buf2);
   
   b2 = b * b;
   b3 = b2 * b;
   c1 = (-b3);
   c2 = (3 * (b2 + b3));
   c3 = (-3) * (2 * b2 + b + b3);
   c4 = (1 + 3 * b + b3 + 3 * b2);

   r = t3_period;

   if (r < 1) r = 1;
   r = 1 + 0.5 * (r - 1);
   w1 = 2 / (r + 1);
   w2 = 1 - w1 ;
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   int    counted_bars=IndicatorCounted();
//---- 
   int limit = Bars-counted_bars-1;
   for(int i=limit; i>0; i--)
   {	
     HighestHighRecent = High[Highest(NULL,0,MODE_HIGH,TTFbars,i)];
	  HighestHighOlder = High[Highest(NULL,0,MODE_HIGH,TTFbars,i + TTFbars)];
	  LowestLowRecent = Low [Lowest(NULL,0,MODE_LOW,TTFbars,i)];
	  LowestLowOlder = Low [Lowest(NULL,0,MODE_LOW,TTFbars,i+TTFbars)];
	  BuyPower = HighestHighRecent - LowestLowOlder;
	  SellPower = HighestHighOlder - LowestLowRecent;
	  TTF = (BuyPower - SellPower) / (0.5 * (BuyPower + SellPower)) * 100;

	  e1 = w1 * TTF + w2 * e1;
	  e2 = w1 * e1 + w2 * e2;
	  e3 = w1 * e2 + w2 * e3;
	  e4 = w1 * e3 + w2 * e4;
	  e5 = w1 * e4 + w2 * e5;
	  e6 = w1 * e5 + w2 * e6;

	  TTF = c1 * e6 + c2 * e5 + c3 * e4 + c4 * e3;
     Buf1[i] = TTF;
     if (TTF >= 0) Buf2[i] = 50;
     else Buf2[i] = -50;
   }
//----
   return(0);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:

Series array that contains the highest prices of each bar


Indicator Curves created:

Implements a curve of type DRAW_LINE


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: