//+----------------------------------------------------------------------------------+
//| Stochastic CCI filtered crossed over indicator |
//+----------------------------------------------------------------------------------+
//| Stochastic CCI filtered crossed over.mq4 |
//| Copyright © 2008, Melvin Tan |
//| |
//+----------------------------------------------------------------------------------+
#property copyright "Melvin Tan"
#property link "none at the moment"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
extern string note1 = "Stochastic settings";
extern int KPeriod1 = 5;
extern int DPeriod1 = 3;
extern int Slowing1 = 3;
extern string note2 = "0=sma, 1=ema, 2=smma, 3=lwma";
extern int MAMethod1 = 1;
extern string note3 = "0=high/low, 1=close/close";
extern int PriceField1 = 0;
extern int TrendCCI_Period = 50;
extern int EntryCCI_Period = 14;
extern bool AlertOn = false;
double CrossUp[];
double CrossDown[];
string AlertPrefix;
string GetTimeFrameStr() {
switch(Period())
{
case 1 : string TimeFrameStr="M1"; break;
case 5 : TimeFrameStr="M5"; break;
case 15 : TimeFrameStr="M15"; break;
case 30 : TimeFrameStr="M30"; break;
case 60 : TimeFrameStr="H1"; break;
case 240 : TimeFrameStr="H4"; break;
case 1440 : TimeFrameStr="D1"; break;
case 10080 : TimeFrameStr="W1"; break;
case 43200 : TimeFrameStr="MN1"; break;
default : TimeFrameStr=Period();
}
return (TimeFrameStr);
}
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_ARROW);
SetIndexArrow(0, 233);
SetIndexStyle(1,DRAW_ARROW);
SetIndexArrow(1, 234);
SetIndexBuffer(0, CrossUp);
SetIndexBuffer(1, CrossDown);
SetIndexEmptyValue(0,EMPTY_VALUE);
SetIndexEmptyValue(1,EMPTY_VALUE);
AlertPrefix=Symbol()+" ("+GetTimeFrameStr()+"): ";
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
bool NewBar()
{
static datetime lastbar;
datetime curbar = Time[0];
if(lastbar!=curbar)
{
lastbar=curbar;
return (true);
}
else
{
return(false);
}
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start() {
int limit, i, counter;
double stochastic1now, stochastic2now, stochastic1previous, stochastic2previous, stochastic1after, stochastic2after;
double Range, AvgRange;
double TrendCCI, EntryCCInow, EntryCCIprevious;
bool isbuy, issell;
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(i = 0; i <= limit; i++) {
counter=i;
Range=0;
AvgRange=0;
for (counter=i ;counter<=i+9;counter++)
{
AvgRange=AvgRange+MathAbs(High[counter]-Low[counter]);
}
Range=AvgRange/10;
stochastic1now = iStochastic(NULL,0,KPeriod1,DPeriod1,Slowing1,MAMethod1,PriceField1,0,i);
stochastic1previous = iStochastic(NULL,0,KPeriod1,DPeriod1,Slowing1,MAMethod1,PriceField1,0,i+1);
stochastic2now = iStochastic(NULL,0,KPeriod1,DPeriod1,Slowing1,MAMethod1,PriceField1,1,i);
stochastic2previous = iStochastic(NULL,0,KPeriod1,DPeriod1,Slowing1,MAMethod1,PriceField1,1,i+1);
TrendCCI = iCCI(NULL, 0, TrendCCI_Period, PRICE_TYPICAL, i);
EntryCCInow = iCCI(NULL, 0, EntryCCI_Period, PRICE_TYPICAL, i);
EntryCCIprevious = iCCI(NULL, 0, EntryCCI_Period, PRICE_TYPICAL, i+1);
if ((stochastic1now > stochastic2now) && (stochastic1previous < stochastic2previous) && (TrendCCI > 0) && (EntryCCInow > EntryCCIprevious) && (EntryCCInow > -100) && (EntryCCInow < 200))
{
CrossUp[i] = Low[i] - Range*1.5;
if (AlertOn && NewBar()) {
Alert(AlertPrefix+"Stoch ("+KPeriod1+","+DPeriod1+","+Slowing1+") %K crosses UP %D\nBUY signal @ Ask = ",Ask,"; Bid = ",Bid,"\nDate & Time = ",TimeToStr(CurTime(),TIME_DATE)," ",TimeHour(CurTime()),":",TimeMinute(CurTime()));
}
}
else if ((stochastic1now < stochastic2now) && (stochastic1previous > stochastic2previous) && (TrendCCI < 0) && (EntryCCInow < EntryCCIprevious) && (EntryCCInow < 100) && (EntryCCInow > -200))
{
CrossDown[i] = High[i] + Range*1.5;
if (AlertOn && NewBar()){
Alert(AlertPrefix+"Stoch ("+KPeriod1+","+DPeriod1+","+Slowing1+") %K crosses DOWN %D\nSELL signal @ Ask = ",Ask,"; Bid = ",Bid,"\nDate & Time = ",TimeToStr(CurTime(),TIME_DATE)," ",TimeHour(CurTime()),":",TimeMinute(CurTime()));
}
}
else
{
CrossUp[i] = EMPTY_VALUE;
CrossDown[i] = EMPTY_VALUE;
}
}
return(0);
}
Sample
Analysis
Market Information Used:
Series array that contains open time 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:
Stochastic oscillator
Commodity channel index
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen