//+------------------------------------------------------------------+
//| MACD_3_DEMA.mq4 |
//+------------------------------------------------------------------+
#property link "http://www.forexfactory.com/showthread.php?t=29419"
#property indicator_separate_window
#property indicator_buffers 7
#property indicator_level1 0.0
#property indicator_color1 Blue
#property indicator_color2 Blue
#property indicator_color3 Red
#property indicator_color4 Red
#property indicator_color5 Black
#property indicator_color6 SkyBlue
#property indicator_color7 Tomato
#property indicator_width1 2
#property indicator_width2 2
#property indicator_width3 2
#property indicator_width4 2
#property indicator_width5 5
#property indicator_width6 2
#property indicator_width7 2
//---- input parameters
extern int Fast1 = 5,
Fast2 = 13,
Slow = 50;
extern bool DEMAs = true;
//---- indicator buffers
double Fast1_Buffer[],
Fast2_Buffer[],
Blue1_Buffer[],
Blue2_Buffer[],
Red1_Buffer[],
Red2_Buffer[],
Black_Buffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
IndicatorShortName("MACD of 3 DEMAs("+Fast1+","+Fast2+","+Slow+")");
IndicatorBuffers(7);
//---- indicator buffers
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexStyle(1,DRAW_HISTOGRAM);
SetIndexStyle(2,DRAW_HISTOGRAM);
SetIndexStyle(3,DRAW_HISTOGRAM);
SetIndexStyle(4,DRAW_HISTOGRAM);
SetIndexStyle(5,DRAW_LINE);
SetIndexStyle(6,DRAW_LINE);
SetIndexBuffer(0,Blue1_Buffer);
SetIndexBuffer(1,Blue2_Buffer);
SetIndexBuffer(2,Red1_Buffer);
SetIndexBuffer(3,Red2_Buffer);
SetIndexBuffer(4,Black_Buffer);
SetIndexBuffer(5,Fast1_Buffer);
SetIndexBuffer(6,Fast2_Buffer);
}
int start()
{
int limit = MathMax(Bars-1-IndicatorCounted(),0);
//---- DEMAs and MACD
for(int i = limit; i >= 0; i--)
{
if(DEMAs)
{
Fast1_Buffer[i] = iCustom(NULL,0,"DEMA",Fast1,0,i)-
iCustom(NULL,0,"DEMA",Slow, 0,i);
Fast2_Buffer[i] = iCustom(NULL,0,"DEMA",Fast2,0,i)-
iCustom(NULL,0,"DEMA",Slow, 0,i);
}
else
{
Fast1_Buffer[i] = iMA(NULL,0,Fast1,0,MODE_EMA,PRICE_CLOSE,i)-
iMA(NULL,0,Slow, 0,MODE_EMA,PRICE_CLOSE,i);
Fast2_Buffer[i] = iMA(NULL,0,Fast2,0,MODE_EMA,PRICE_CLOSE,i)-
iMA(NULL,0,Slow, 0,MODE_EMA,PRICE_CLOSE,i);
}
Black_Buffer[i]= 0.0;
Blue1_Buffer[i]= 0.0;
Blue2_Buffer[i]= 0.0;
Red1_Buffer[i] = 0.0;
Red2_Buffer[i] = 0.0;
//---- Colored Bars
if(Fast1_Buffer[i] > Fast2_Buffer[i])
{
Blue1_Buffer[i] = Fast1_Buffer[i];
Blue2_Buffer[i] = Fast2_Buffer[i];
if(Fast1_Buffer[i] < 0.0)
Black_Buffer[i] = Fast1_Buffer[i];
if(Fast2_Buffer[i] > 0.0)
Black_Buffer[i] = Fast2_Buffer[i];
}
else
{
Red1_Buffer[i] = Fast1_Buffer[i];
Red2_Buffer[i] = Fast2_Buffer[i];
if(Fast1_Buffer[i] > 0.0)
Black_Buffer[i] = Fast1_Buffer[i];
if(Fast2_Buffer[i] < 0.0)
Black_Buffer[i] = Fast2_Buffer[i];
}
}
//----
return(0);
}
Sample
Analysis
Market Information Used:
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:
DEMA
Order Management characteristics:
Other Features: