TrendContinuation_v2





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

//+------------------------------------------------------------------+
//|                              Trend continuation factor 2 mt4 .mq4 
//|                                                                  
//|                                                                  
//|                                  Conversion only Doc Gaines
//|                                  dr_richard_gaines@yahoo.com
//|                                    
//+------------------------------------------------------------------+
#property copyright " Copyright © 2004, MetaQuotes Software Corp."
#property link      " http://www.metaquotes.net/"
#property indicator_separate_window
#property indicator_color1 Blue
#property indicator_buffers 2
#property indicator_color2 Red
#include <stdlib.mqh>
//+------------------------------------------------------------------+
//| Common External variables                                        |
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
//| External variables                                               |
//+------------------------------------------------------------------+
extern double n = 20;
extern double CountBars = 5000;
extern double t3_period = 5;
extern double b = 0.618;
//+------------------------------------------------------------------+
//| Special Convertion Functions                                     |
//+------------------------------------------------------------------+
int LastTradeTime;
int shift;
double ExtHistoBuffer[];
double ExtHistoBuffer2[];
void SetLoopCount(int loops)
{
}
void SetIndexValue(int shift, double value)
{
  ExtHistoBuffer[shift] = value;
}
void SetIndexValue2(int shift, double value)
{
  ExtHistoBuffer2[shift] = value;
}
//+------------------------------------------------------------------+
//| End                                                              |
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
//| Initialization                                                   |
//+------------------------------------------------------------------+
int init()
{
   SetIndexStyle(0, DRAW_LINE, STYLE_SOLID);
   SetIndexBuffer(0, ExtHistoBuffer);
   SetIndexStyle(1, DRAW_LINE, STYLE_SOLID);
   SetIndexBuffer(1, ExtHistoBuffer2);
   return(0);
}
int start()
{
//+------------------------------------------------------------------+
//| Local variables                                                  |
//+------------------------------------------------------------------+
//double shift = 0;
int cnt = 0;
double k_n = 0;
double k_p = 0;
int shiftt = 0;
double ch_p = 0;
double ch_n = 0;
double cff_p = 0;
double cff_n = 0;
double AccountedBars = 0;
double CF_p[5001];
double CF_n[5001];
double Change_p[5001];
double Change_n[5001];
double t3 = 0;
double t32 = 0;
double A1 = 0;
double A2 = 0;
double b2 = 0;
double b3 = 0;
double c1 = 0;
double c2 = 0;
double c3 = 0;
double c4 = 0;
double e1 = 0;
double e2 = 0;
double e3 = 0;
double e4 = 0;
double e5 = 0;
double e6 = 0;
double n1 = 0;
double w1 = 0;
double w2 = 0;
double e12 = 0;
double e22 = 0;
double e32 = 0;
double e42 = 0;
double e52 = 0;
double e62 = 0;
/*[[
 Name := Trend Continuation Factor2 
 Author := Copyright © 2004, MetaQuotes Software Corp.
 Link := http://www.metaquotes.net/
 Separate Window := Yes
 First Color := Blue
 First Draw Type := Line
 First Symbol := 217
 Use Second Data := Yes
 Second Color := Red
 Second Draw Type := Line
 Second Symbol := 218
]]*/
 
 
 
 

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);
n1=t3_period;
if( n1<1 ) n1=1;
n1 = 1 + 0.5*(n1-1);
w1 = 2 / (n1 + 1);
w2 = 1 - w1;
SetLoopCount(0);
// loop from first bar to current bar (with shift=0)
if( AccountedBars == 0 ) AccountedBars = Bars-CountBars;
for(cnt =AccountedBars;cnt <=Bars-1 ;cnt ++){ 
shift = Bars - 1 - cnt;
{
if( Close[shift] > Close[shift+1]) 
  { Change_p[shift] = Close[shift]- Close[shift+1];
  CF_p[shift]= Change_p[shift] + CF_p[shift+1];
   Change_n[shift] = 0;
   CF_n[shift]= 0;
   }
     else 
  { Change_p[shift] = 0;
   CF_p[shift] = 0;
   Change_n[shift]  = Close[shift+1]- Close[shift];
   CF_n[shift] = Change_n[shift]+ CF_n[shift+1];
   }
}
for(shiftt=shift+n;shiftt>=shift ;shiftt--){ 
ch_p = Change_p[shiftt] +ch_p;
ch_n = Change_n[shiftt]+ch_n ;
cff_p =  CF_p[shiftt]+cff_p; 
cff_n =  CF_n[shiftt]+cff_n;
} 
k_p=ch_p-cff_n;
k_n=ch_n-cff_p;
 A1 = k_p;
e1 = w1*A1 + 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;
t3 = c1*e6 + c2*e5 + c3*e4 + c4*e3;
SetIndexValue(shift,t3);
A2 = k_n;
e12 = w1*A2 + w2*e12;
e22 = w1*e12 + w2*e22;
e32 = w1*e22 + w2*e32;
e42 = w1*e32 + w2*e42;
e52 = w1*e42 + w2*e52;
e62 = w1*e52 + w2*e62;
t32 = c1*e62 + c2*e52 + c3*e42 + c4*e32;
SetIndexValue2(shift,t32);
 AccountedBars=AccountedBars+1;
ch_p=0;
ch_n=0;
cff_p=0;
cff_n=0;  
} 
  return(0);
}

// end//
 





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: