/*
William Blau Ergodic.
ECO - Ergodic Candlestick Oscillator
(MOV(MOV(C-O,5,E))26,E)/MOV(MOV(H-L,5,E))26,E))*100
Linuxser 2007
*/
#property copyright "Under The GNU General Public License"
#property link "www.gnu.org"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 MediumOrchid
#property indicator_color2 Black
#property indicator_width1 2
#property indicator_width2 0
#property indicator_maximum 40
#property indicator_minimum -40
#property indicator_level1 20
#property indicator_level2 -20
#property indicator_levelcolor Red
#property indicator_levelstyle 2
//---- input parameters
//extern int Price= 0; // Apply to Price(0-Close;1-Open;2-High;3-Low;4-Median price;5-Typical price;6-Weighted Close)
extern int First_R=26;
extern int Second_S=5;
extern int Signal=5;
extern int MA_Mode=1; //MODE_SMA : 0 // MODE_EMA: 1 // MODE_SMMA: 2 // MODE_LWMA: 3 //
//---- buffers
double ECO_Buffer[];
double D_Buffer[];
double HiLo_Buffer[];
double OpenClose_Buffer[];
double EMA_HiLo_Buffer[];
double EMA2_HiLo_Buffer[];
double EMA_OpenClose_Buffer[];
double EMA2_OpenClose_Buffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorBuffers(8);
SetIndexBuffer(2, HiLo_Buffer);
SetIndexBuffer(3, EMA_HiLo_Buffer);
SetIndexBuffer(4, EMA2_HiLo_Buffer);
SetIndexBuffer(5, OpenClose_Buffer);
SetIndexBuffer(6, EMA_OpenClose_Buffer);
SetIndexBuffer(7, EMA2_OpenClose_Buffer);
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexBuffer(0,ECO_Buffer);
SetIndexLabel(0,"K_%");
SetIndexStyle(1,DRAW_LINE);
SetIndexArrow(1,108);
SetIndexBuffer(1,D_Buffer);
SetIndexLabel(1,"D_%");
IndicatorShortName("ECO v1"+"("+First_R+","+Second_S+",["+Signal+"])");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int limit,i;
limit=Bars-counted_bars-1;
for (i=Bars-1;i>=0;i--)
{
HiLo_Buffer[i]= High[i]-Low[i];
OpenClose_Buffer[i]=Close[i]-Open[i];
}
for (i=Bars-1;i>=0;i--)
{
EMA_HiLo_Buffer[i]=iMAOnArray(HiLo_Buffer,Bars,Second_S,0,MA_Mode,i);
EMA_OpenClose_Buffer[i]=iMAOnArray(OpenClose_Buffer,Bars,Second_S,0,MA_Mode,i);
}
for (i=Bars-1;i>=0;i--)
{
EMA2_HiLo_Buffer[i]=iMAOnArray(EMA_HiLo_Buffer,Bars,First_R,0,MA_Mode,i);
EMA2_OpenClose_Buffer[i]=iMAOnArray(EMA_OpenClose_Buffer,Bars,First_R,0,MA_Mode,i);
}
for (i=limit;i>=0;i--)
{
if(iMAOnArray(EMA_OpenClose_Buffer,Bars,First_R,0,MA_Mode,i) != 0)
ECO_Buffer[i]=100.0*(EMA2_OpenClose_Buffer[i]/EMA2_HiLo_Buffer[i]);
}
for (i=limit;i>=0;i--)
{
D_Buffer[i]=iMAOnArray(ECO_Buffer,Bars,Signal,0,MA_Mode,i);
}
//----
return(0);
}
//+------------------------------------------------------------------+
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
Series array that contains close prices for each bar
Series array that contains open prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Implements a curve of type DRAW_LINE
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: