//+------------------------------------------------------------------+
//| Trend Manager Open2 |
//| Copyright © 2000-2007, MetaQuotes Software Corp. |
//| http://www.metaquotes.ru |
//+------------------------------------------------------------------+
// Look & Feel based on indicator sold at traderstradingsystem.com
// No representation it is identical.
// This file is licensed under the terms of the GNU General Public License V2.
// (c) 2006 Matt Kennel (mbkennel@gmail.com)
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Blue
//----
extern int TM_Period_1=7;
extern int TM_Shift_1=2;
extern int TM_Period_2=13;
extern int TM_Shift_2=1;
//----
int Max_Period;
int Max_Shift;
//----
double SpanA_Buffer[];
double SpanB_Buffer[];
int a_begin;
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int init()
{
Max_Shift=MathMax(TM_Shift_1,TM_Shift_2);
Max_Period=MathMax(TM_Period_1,TM_Period_2);
int b_begin=Max_Period+Max_Shift-1;
//----
SetIndexStyle(1,DRAW_LINE,STYLE_SOLID);
SetIndexBuffer(1,SpanB_Buffer);
SetIndexDrawBegin(1,b_begin);
SetIndexLabel(1,"TM_Period+");
//
SetIndexStyle(0,DRAW_LINE,STYLE_SOLID);
SetIndexBuffer(0,SpanA_Buffer);
SetIndexDrawBegin(0,b_begin);
SetIndexLabel(0,"TM_Period");
//----
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int start()
{
int i,k;
int counted_bars=IndicatorCounted();
double high,low,price;
//----
if(Bars<=Max_Period) return(0);
if(counted_bars<1)
{
for(i=1;i<=Max_Period;i++)
{
SpanA_Buffer[Bars-i]=0;
SpanB_Buffer[Bars-i]=0;
}
}
i=Bars-Max_Period;
if(counted_bars>Max_Period) i=Bars-counted_bars-1;
while(i>=0)
{
double M1, M1b;
double M2, M2b;
//
M1=MiddlePrice(TM_Period_1,i);
M1b=MiddlePrice(TM_Period_1,i+TM_Shift_1);
M2=MiddlePrice(TM_Period_2,i);
M2b=MiddlePrice(TM_Period_2,i+TM_Shift_2);
//
double diff1=(M1-M1b); // up or down on short term;
double diff2=(M2-M2b); // up or down on longer term.
// each has three choices, hence six possibilities.
if (diff1*diff2<=0.0)
{ // opposite signs
SpanA_Buffer[i]=(M1+M2)*0.5;
SpanB_Buffer[i]= SpanA_Buffer[i]; //Blue bars
}
else
{
SpanA_Buffer[i]=(M1+M2)*0.5;
SpanB_Buffer[i]=(M1b+M2b)*0.5;
}
// Comment(SpanB_Buffer[i],"\n",SpanA_Buffer[i] );
i--;
}
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
double MiddlePrice(int nback, int shift)
{
double H=High[Highest(NULL,0,MODE_HIGH,nback,shift)];
double L=Low[Lowest(NULL,0,MODE_LOW,nback,shift)];
//----
return( 0.5*(H+L));
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: