//+------------------------------------------------------------------+
//| Custom MACD.mq4 |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, Herb Spirit, Inc."
#property link "http://www.herbspirit.com/mql"
#define INDICATOR_NAME "MACD_Colored"
#define INDICATOR_VERSION "v102"
//---- indicator settings
#property indicator_separate_window
#property indicator_buffers 4
#property indicator_color1 Lime
#property indicator_color2 Red
#property indicator_color3 Yellow
#property indicator_color4 Silver
#property indicator_style4 STYLE_DOT
#property indicator_level1 45
#property indicator_level2 30
#property indicator_level3 15
#property indicator_level4 -15
#property indicator_level5 -30
#property indicator_level6 -45
#property indicator_levelcolor Gray
#property indicator_levelstyle STYLE_DOT
//---- indicator parameters
extern int FastEMA=5;
extern int SlowEMA=13;
extern int SignalSMA=1;
extern double MinDiff=0;
extern int FontSize=8;
extern color FontColor=Silver;
//---- indicator buffers
double MacdBuffer[];
double MacdBufferUp[];
double MacdBufferDn[];
double MacdBufferEq[];
double SignalBuffer[];
//bool firsttime=true;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- drawing settings
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexStyle(1,DRAW_HISTOGRAM);
SetIndexStyle(2,DRAW_HISTOGRAM);
SetIndexStyle(3,DRAW_LINE);
SetLevelValue(0,45);
SetLevelValue(1,30);
SetLevelValue(2,15);
SetLevelValue(3,-15);
SetLevelValue(4,-30);
SetLevelValue(5,-45);
SetIndexDrawBegin(1,SignalSMA);
IndicatorDigits(1);
//---- indicator buffers mapping
SetIndexBuffer(0,MacdBufferUp);
SetIndexBuffer(1,MacdBufferDn);
SetIndexBuffer(2,MacdBufferEq);
SetIndexBuffer(3,SignalBuffer);
//---- name for DataWindow and indicator subwindow label
IndicatorShortName(WindowExpertName()+" ("+FastEMA+","+SlowEMA+","+SignalSMA+")");
SetIndexLabel(0,"MACD UP");
SetIndexLabel(1,"MACD DN");
SetIndexLabel(2,"MACD EQ");
SetIndexLabel(3,"Signal");
//---- initialization done
return(0);
}
int deinit()
{
string objname=WindowExpertName()+","+Symbol()+","+Period();
ObjectDelete(objname);
}
//+------------------------------------------------------------------+
//| Moving Averages Convergence/Divergence |
//+------------------------------------------------------------------+
int start()
{
int limit;
int counted_bars=IndicatorCounted();
//---- last counted bar will be recounted
limit=MathMin(Bars-SlowEMA,Bars-counted_bars+1);
// if(!firsttime)
// Print("LIMIT=",limit);
ArrayResize(MacdBuffer,limit);
ArraySetAsSeries(MacdBuffer,true);
//---- macd counted in the 1-st buffer
for(int i=0;i<limit;i++) {
MacdBuffer[i]=(iMA(NULL,0,FastEMA,0,MODE_EMA,PRICE_CLOSE,i)-
iMA(NULL,0,SlowEMA,0,MODE_EMA,PRICE_CLOSE,i))/Point;
}
for(i=limit-2;i>=0;i--)
{
if(MathAbs(MacdBuffer[i]-MacdBuffer[i+1])<MinDiff)
{
MacdBufferEq[i]=MacdBuffer[i];
MacdBufferUp[i]=0;
MacdBufferDn[i]=0;
}
else
{
if(MacdBuffer[i]>MacdBuffer[i+1])
{
MacdBufferUp[i]=MacdBuffer[i];
MacdBufferDn[i]=0;
MacdBufferEq[i]=0;
}
else
{
MacdBufferDn[i]=MacdBuffer[i];
MacdBufferUp[i]=0;
MacdBufferEq[i]=0;
}
}
}
//---- signal line counted in the 2-nd buffer
for(i=0; i<limit; i++)
SignalBuffer[i]=iMAOnArray(MacdBuffer,Bars,SignalSMA,0,MODE_SMA,i);
//---- change color calculation
double priMACD=(iMA(NULL,0,FastEMA,0,MODE_EMA,PRICE_CLOSE,1)-
iMA(NULL,0,SlowEMA,0,MODE_EMA,PRICE_CLOSE,1))/Point;
double close[];
ArrayResize(close,Bars);
ArraySetAsSeries(close,true);
ArrayCopy(close,Close,0,0,ArraySize(close));
double curMACD=(iMAOnArray(close,0,FastEMA,0,MODE_EMA,0)-
iMAOnArray(close,0,SlowEMA,0,MODE_EMA,0))/Point;
// for(int x=0;x<ArraySize(close);x++)
// Print(x,"=",close[x]);
int pips;
// Print("PRI=",priMACD," BUF=",MacdBuffer[1]);
// Print("CUR=",curMACD," BUF=",MacdBuffer[0]);
if(curMACD<priMACD)
{
while(curMACD<priMACD)
{
pips++;
close[0]+=Point;
curMACD=(iMAOnArray(close,0,FastEMA,0,MODE_EMA,0)-
iMAOnArray(close,0,SlowEMA,0,MODE_EMA,0))/Point;
// Print("PIPS=",pips," CLOSE=",close[0]," CUR=",curMACD);
}
}
else
{
while(curMACD>priMACD)
{
pips--;
close[0]-=Point;
curMACD=(iMAOnArray(close,0,FastEMA,0,MODE_EMA,0)-
iMAOnArray(close,0,SlowEMA,0,MODE_EMA,0))/Point;
// Print("PIPS=",pips," CLOSE=",close[0]," CUR=",curMACD);
}
}
// IndicatorShortName(WindowExpertName()+" (Pips "+pips+")");
// Print(WindowExpertName()," ",
// WindowFind(WindowExpertName()+" ("+FastEMA+","+SlowEMA+","+SignalSMA+")"));
string objname=WindowExpertName()+","+Symbol()+","+Period();
if(ObjectFind(objname)<0)
ObjectCreate(objname,OBJ_TEXT,
WindowFind(WindowExpertName()+" ("+FastEMA+","+SlowEMA+","+SignalSMA+")"),
Time[0]+Period()*60,MacdBuffer[0]/2);
else
ObjectMove(objname,0,Time[0]+Period()*60,MacdBuffer[0]/2);
if(pips!=0)
ObjectSetText(objname,DoubleToStr(pips,0),FontSize,"Courier",FontColor);
else
ObjectSetText(objname," ",FontSize,"Courier",FontColor);
//---- done
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains open time 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: