//+------------------------------------------------------------------+ //| EMA-Crossover_Signal.mq4 | //| Copyright © 2005, Jason Robinson (jnrtrading) | //| http://www.jnrtading.co.uk | //+------------------------------------------------------------------+ /* +------------------------------------------------------------------+ | Allows you to enter two ema periods and it will then show you at | | Which point they crossed over. It is more usful on the shorter | | periods that get obscured by the bars / candlesticks and when | | the zoom level is out. Also allows you then to remove the emas | | from the chart. (emas are initially set at 5 and 6) | +------------------------------------------------------------------+ */ #property copyright "Copyright © 2005, Jason Robinson (jnrtrading)" #property link "http://www.jnrtrading.co.uk" #property indicator_chart_window #property indicator_buffers 4 #property indicator_color1 Yellow #property indicator_color2 Aqua #property indicator_color3 Blue #property indicator_color4 Red #property indicator_width1 1 #property indicator_width2 1 #property indicator_width3 1 #property indicator_width4 1 double CrossUp[]; double CrossDown[]; double RSIUp[]; double RSIDown[]; extern int FasterEMA = 5; extern int SlowerEMA = 12; extern bool Alerts = false; int upalert=false,downalert=false; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- indicators SetIndexStyle(0, DRAW_ARROW, EMPTY); SetIndexArrow(0, 241); SetIndexBuffer(0, CrossUp); SetIndexStyle(1, DRAW_ARROW, EMPTY); SetIndexArrow(1, 242); SetIndexBuffer(1, CrossDown); SetIndexStyle(2, DRAW_ARROW, EMPTY); SetIndexArrow(2, 167); SetIndexBuffer(2, RSIUp); SetIndexStyle(3, DRAW_ARROW, EMPTY); SetIndexArrow(3, 167); SetIndexBuffer(3, RSIDown); //---- return(0); } //+------------------------------------------------------------------+ //| Custom indicator deinitialization function | //+------------------------------------------------------------------+ int deinit() { //---- //---- return(0); } //+------------------------------------------------------------------+ //| Custom indicator iteration function | //+------------------------------------------------------------------+ int start() { int limit, i, counter; double RSI, RSIp,fasterEMAnow, slowerEMAnow, fasterEMAprevious, slowerEMAprevious, fasterEMAafter, slowerEMAafter; double Range, AvgRange; 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; fasterEMAnow = iMA(NULL, 0, FasterEMA, 0, MODE_EMA, PRICE_CLOSE, i); fasterEMAprevious = iMA(NULL, 0, FasterEMA, 0, MODE_EMA, PRICE_CLOSE, i+1); fasterEMAafter = iMA(NULL, 0, FasterEMA, 0, MODE_EMA, PRICE_CLOSE, i-1); slowerEMAnow = iMA(NULL, 0, SlowerEMA, 0, MODE_EMA, PRICE_CLOSE, i); slowerEMAprevious = iMA(NULL, 0, SlowerEMA, 0, MODE_EMA, PRICE_CLOSE, i+1); slowerEMAafter = iMA(NULL, 0, SlowerEMA, 0, MODE_EMA, PRICE_CLOSE, i-1); RSI=iRSI(NULL,0,21,PRICE_CLOSE,i); RSIp=iRSI(NULL,0,21,PRICE_CLOSE,i+1); if ((fasterEMAnow > slowerEMAnow) && (fasterEMAprevious < slowerEMAprevious) && (fasterEMAafter > slowerEMAafter)) { CrossUp[i] = Low[i] - Range*1.6; if(i<=2 && Alerts && !upalert) { Alert (Symbol()," ",Period(),"M EMACross UP "); //SendMail("EMA Cross Up on "+Symbol(),""); upalert=true; downalert=false; } } if ((fasterEMAnow < slowerEMAnow) && (fasterEMAprevious > slowerEMAprevious) && (fasterEMAafter < slowerEMAafter)) { CrossDown[i] = High[i] + Range*1.2; if(i<=2 && Alerts && !downalert) { Alert (Symbol()," ",Period(),"M EMACross DOWN "); //SendMail("EMA Cross Down on "+Symbol(),""); downalert=true; upalert=false; } } if( RSI > 50 && RSIp<=50) RSIUp[i] = Low[i] - Range*1; if( RSI < 50 && RSIp >=50) RSIDown[i] = High[i] + Range*1.2; } 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
Indicator Curves created:
Implements a curve of type DRAW_ARROW
Indicators Used:
Moving average indicator
Relative strength index
Custom Indicators Used:
Order Management characteristics:
Other Features: