ttm-trend_v2





//+------------------------------------------------------------------+
//|                                                    ttm-trend.mq4 |
//|                Copyright © 2005, Nick Bilak, beluck[AT]gmail.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, Nick Bilak"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color2 Red
#property indicator_color1 Blue
//---- input parameters
extern int       CompBars=6;
//---- buffers
double buf1[];
double buf2[];
double haOpen[];
double haClose[];
double icolor[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   IndicatorBuffers(5);
   SetIndexStyle(0,DRAW_HISTOGRAM);
   SetIndexBuffer(0,buf1);
   SetIndexStyle(1,DRAW_HISTOGRAM);
   SetIndexBuffer(1,buf2);
   SetIndexBuffer(2,haOpen);
   SetIndexBuffer(3,haClose);
   SetIndexBuffer(4,icolor);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   int shift,limit,i;
   int counted_bars=IndicatorCounted();
   if (counted_bars<0) return(-1);
   if (counted_bars>0) counted_bars--;
   limit=Bars-4;
   if(counted_bars>=1) limit=Bars-counted_bars-4;
//----
   double dip,dim,stm,sts,macdm,macds;
//----
   if (haOpen[limit+3]==0.0) haOpen[limit+3]=Open[limit+3];
   haClose[limit+3]=(Open[limit+3]+High[limit+3]+Low[limit+3]+Close[limit+3])/4.0;
//----
   for(shift=limit+2; shift>=0; shift--)
     {
      haOpen[shift]=(haOpen[shift+1]+haClose[shift+1])/2.0;
      haClose[shift]=(Open[shift]+High[shift]+Low[shift]+Close[shift])/4.0;
      //----
      if (haClose[shift] > haOpen[shift]) icolor[shift]=1;
      else icolor[shift]=-1;
      //----
      for(i=1; i<=CompBars; i++)
        {
         if(haOpen[shift]<=MathMax(haOpen[shift+i],haClose[shift+i]) &&
               haOpen[shift]>=MathMin(haOpen[shift+i],haClose[shift+i]) &&
              haClose[shift]<=MathMax(haOpen[shift+i],haClose[shift+i]) &&
              haClose[shift]>=MathMin(haOpen[shift+i],haClose[shift+i]) )
            icolor[shift]=icolor[shift+i];
        }
      if (icolor[shift]>0)
        {
         buf1[shift]=High[shift];
         buf2[shift]=Low[shift];
        }
      else
        {
         buf2[shift]=High[shift];
         buf1[shift]=Low[shift];
        }
     }
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:

Series array that contains open prices of each bar
Series array that contains close prices for each bar
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_HISTOGRAM


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: