//+-----------------------------------------------------------------------------------------+
//| |
//| RD-TrendTrigger: MQ4 Conversion by Shimodax (www.strategybuilder.com) |
//| |
//| |
//| Original Notes and Authors: |
//| Reference := Technical Analysis of Stocks and Commodities, Dec. 2004,p.28. M.H. Pee |
//| TTF Author := Paul Y. Shimada |
//| Link := PaulYShimada@Y... |
//| Notes := Modified version of Trend Trigger Factor by mikesbon (thanks to perkyz) |
//| |
//+-----------------------------------------------------------------------------------------+
#property copyright ""
#property link ""
//----
#property indicator_separate_window
#property indicator_buffers 3
#property indicator_level1 0
//----
#property indicator_color1 CadetBlue
#property indicator_color2 Blue
#property indicator_color3 Red
//---- input parameters
extern int Regress= 15;
extern int T3= 5;
extern double B= 0.7;
extern int HistoryMax= 1000;
extern int TriggerLevel= 50;
//---- buffers
double Osc[];
double Trigger1[];
double Trigger2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,Osc);
//
SetIndexStyle(1,DRAW_LINE, STYLE_DOT, 1);
SetIndexBuffer(1,Trigger1);
//
SetIndexStyle(2,DRAW_LINE, STYLE_DOT, 1);
SetIndexBuffer(2,Trigger2);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars= IndicatorCounted(),
limit;
if (counted_bars<0) return(-1);
if (counted_bars>0) counted_bars--;
//----
limit= Bars - counted_bars;
//----
TrendTrigger(0, limit, Osc, Regress, T3, B);
//----
return (0);
}
//+------------------------------------------------------------------+
//| Calc forecast buffers from lastbar down to offset |
//+------------------------------------------------------------------+
void TrendTrigger(int offset, int lastbar, double &osc[], int regress, int t3, double b)
{
int shift, length;
double 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),
n = 1 + 0.5*(t3-1),
w1 = 2 / (n + 1),
w2 = 1 - w1,
WT,
e1,e2,e3,e4,e5,e6,tmp,tmp2;
//----
lastbar= MathMin(lastbar, HistoryMax);
lastbar= MathMin(Bars-31-regress, lastbar);
//----
for (shift= lastbar+30; shift>=offset; shift--)
{
//-------------- Standard Specific Computations ----
double
HighestHighRecent = High[Highest(NULL, 0, MODE_HIGH,regress,shift)],
HighestHighOlder = High[Highest(NULL, 0, MODE_HIGH,regress,shift + regress)],
LowestLowRecent = Low [Lowest(NULL, 0, MODE_LOW,regress,shift)],
LowestLowOlder = Low [Lowest(NULL, 0, MODE_LOW,regress,shift+regress)],
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;
//
if (shift<=lastbar)
{ // don't put swing in cycle into the signal buffers
osc[shift] = TTF;
//
Trigger1[shift]= TriggerLevel;
Trigger2[shift]= -TriggerLevel;
}
}
//----
return(0);
}
/*
loopBegin = loopBegin + 1; //Replot previous bar
For shift = loopBegin Downto 0
{
//================================
// Standard Specific Computations
//=================================
HighestHighRecent = High[Highest(MODE_HIGH,shift,TTFbars)];
HighestHighOlder = High[Highest(MODE_HIGH,shift + TTFbars,TTFbars)];
LowestLowRecent = Low [Lowest(MODE_LOW,shift,TTFbars)];
LowestLowOlder = Low [Lowest(MODE_LOW,shift+TTFbars,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;
SetIndexValue(shift,TTF);
//
Switch mode_0Sep_1Main
{
Case 0: //Separate window Line (with dual trigger)
SetIndexValue(shift,TTF);
//Dual value trigger +/-100
If TTF >= 0 Then SetIndexValue2(shift,50) Else SetIndexValue2(shift,(-50));
//
Case 1: //Main Window Colored Bars
If TTF >= 100 Then //Bull Trend, Blue bars
{
SetIndexValue(shift,High[shift]);
SetIndexValue2(shift,Low[shift]);
}
Else
If TTF <= (-100) Then //Bear Trend, Red bars
{
SetIndexValue(shift,Low[shift]);
SetIndexValue2(shift,High[shift]);
}
Else //No Trend, No colored bars
{
SetIndexValue(shift,0);
SetIndexValue2(shift,0);
}
}; //If TTF >= 100 Then ... Else
}; //Switch mode_0Sep_1Main
loopBegin = loopBegin - 1;
}
*/
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: