LSMA in Color4_Alert





//+------------------------------------------------------------------+
//|                                                        |
//|                      Copyright © 2004, MetaQuotes Software Corp. |
//|                                       http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
#property  copyright "Copyright © 2005, FX Sniper "
#property  link      "http://www.metaquotes.net/"

//---- indicator settings
#property  indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 LawnGreen
#property indicator_color2 Red
#property indicator_width1  2
#property indicator_width2  2

extern bool SoundON=true;

//---- buffers
double CrossUp[];
double CrossDown[];
int flagval1 = 0;
int flagval2 = 0;

extern int Rperiod = 34;
int FastPriceMode = 0;//0=close, 1=open, 2=high, 3=low, 4=median(high+low)/2, 5=typical(high+low+close)/3, 6=weighted(high+low+close+close)/4
 int LSMA_Dif = 6;
 int LookBack = 2;
 int SignalCandle = 1;
 
extern bool UseDST = true;
 int StartHourDST = 7;       // Start trades after time
 int StopHourDST = 15;      // Stop trading after time
 int StartHourNormal = 8;
 int StopHourNormal = 16;
 int StartHour;
 int StopHour;

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- 2 additional buffers are used for counting.
//   IndicatorBuffers(3);
   
//---- drawing settings
   SetIndexBuffer(0, CrossUp);
   SetIndexBuffer(1, CrossDown);
   
   SetIndexStyle(0, DRAW_ARROW, EMPTY);
   SetIndexArrow(0, 233);
   SetIndexStyle(1, DRAW_ARROW, EMPTY);
   SetIndexArrow(1, 234);

   if (UseDST)
   {
     StartHour = StartHourDST;
     StopHour = StopHourDST;
   }
   else
   {
     StartHour = StartHourNormal;
     StopHour = StopHourNormal;
   }
//---- initialization done
   return(0);
  }

//+------------------------------------------------------------------+
//| LSMA with PriceMode                                              |
//| PrMode  0=close, 1=open, 2=high, 3=low, 4=median(high+low)/2,    |
//| 5=typical(high+low+close)/3, 6=weighted(high+low+close+close)/4  |
//+------------------------------------------------------------------+

double LSMA(int Rperiod, int prMode, int shift)
{
   int i;
   double sum, pr;
   int length;
   double lengthvar;
   double tmp;
   double wt;

   length = Rperiod;
 
   sum = 0;
   for(i = length; i >= 1  ; i--)
   {
     lengthvar = length + 1;
     lengthvar /= 3;
     tmp = 0;
     switch (prMode)
     {
     case 0: pr = Close[length-i+shift];break;
     case 1: pr = Open[length-i+shift];break;
     case 2: pr = High[length-i+shift];break;
     case 3: pr = Low[length-i+shift];break;
     case 4: pr = (High[length-i+shift] + Low[length-i+shift])/2;break;
     case 5: pr = (High[length-i+shift] + Low[length-i+shift] + Close[length-i+shift])/3;break;
     case 6: pr = (High[length-i+shift] + Low[length-i+shift] + Close[length-i+shift] + Close[length-i+shift])/4;break;
     }
     tmp = ( i - lengthvar)*pr;
     sum+=tmp;
    }
    wt = MathFloor(sum*6/(length*(length+1))/Point)*Point;
    
    return(wt);
}

int start()

  {
   int limit, counter, shift;
   double Range, AvgRange;
   double fastMAnow, fastMAprevious;
   int counted_bars=IndicatorCounted();
  
 //---- check for possible errors
   if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
   if(counted_bars>0) counted_bars--;

   limit=Bars-counted_bars;

 
   for(shift = 0; shift <= limit; shift++)
   { 
      Range=0;
      AvgRange=0;
      for (counter=shift ;counter<=shift+9;counter++)
      {
         AvgRange=AvgRange+MathAbs(High[counter]-Low[counter]);
      }
      Range=AvgRange/10;
      fastMAnow = LSMA(Rperiod, FastPriceMode, shift + SignalCandle);
      fastMAprevious = LSMA(Rperiod, FastPriceMode,  shift + SignalCandle + LookBack);
         
//========== COLOR CODING ===========================================               
        
       
   if (Hour() >= StartHour && Hour() <= StopHour)
   {
      CrossUp[shift] = 0;
      CrossDown[shift] = 0;
        if (fastMAnow - fastMAprevious > LSMA_Dif*Point)
        {
         if (flagval1==0)
         {
           flagval1=1;
           flagval2=0;
           if (shift == 1 && SoundON ) Alert("BUY signal at Ask=",Ask,"\n Bid=",Bid,"\n Time=",TimeToStr(CurTime(),TIME_DATE)," ",TimeHour(CurTime()),":",TimeMinute(CurTime()),"\n Symbol=",Symbol()," Period=",Period());
           CrossUp[shift] = Low[shift] - Range*0.75;
         }

        }
       else if (fastMAprevious - fastMAnow > LSMA_Dif*Point ) 
        {
         if ( flagval2==0)
         {
          flagval2=1;
          flagval1=0;
          if (shift == 1 && SoundON) Alert("SELL signal at Ask=",Ask,"\n Bid=",Bid,"\n Date=",TimeToStr(CurTime(),TIME_DATE)," ",TimeHour(CurTime()),":",TimeMinute(CurTime()),"\n Symbol=",Symbol()," Period=",Period());
          CrossDown[shift] = High[shift] + Range*0.75;
         }
        
        }
      }
    }
    
      return(0);
  }
//+------------------------------------------------------------------+







Sample





Analysis



Market Information Used:

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

Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features:

It issuies visual alerts to the screen