//+------------------------------------------------------------------+ //| Trend Manager.mq4 | //| Copyright © 2006, Alejandro Galindo | //| http://elCactus.com | //+------------------------------------------------------------------+ // Based on indicator sold at traderstradingsystem.com #property indicator_chart_window #property indicator_buffers 2 #property indicator_color1 Blue #property indicator_color2 Red // Divergence controls extern double DVLimit=0.0007; extern int Fast_Period=23; extern int Fast_Price = PRICE_OPEN; extern int Slow_Period=84; extern int Slow_Price = PRICE_OPEN; extern int BarCount=1500; double SpanA_Buffer[]; double SpanB_Buffer[]; int tickcount=0; int init() { // histogram defined by top and bottom buffer // pos or neg from top buffer determines color SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID); SetIndexBuffer(0,SpanB_Buffer); //SetIndexDrawBegin(0,TM_Period+TM_Shift-1); //SetIndexLabel(0,"TM_Period+"); SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID); SetIndexBuffer(1,SpanA_Buffer); //SetIndexDrawBegin(1,TM_Period+TM_Shift-1); //SetIndexLabel(1,"TM_Period"); } int start() { int pos; int iFileHandle; double maF1, maF2, maS1, maS2; double D; for(pos=BarCount; pos>=0; pos--) { // Create Divergence stage one maF1=iMA(Symbol(),0,Fast_Period,0,MODE_SMA,Fast_Price,pos); maS1=iMA(Symbol(),0,Slow_Period,0,MODE_SMA,Slow_Price,pos); D=maF1-maS1; SpanA_Buffer[pos] = 0; SpanB_Buffer[pos] = 0; if( D >= DVLimit ) { SpanA_Buffer[pos] = High[pos]; SpanB_Buffer[pos] = High[pos]+(D-DVLimit); } if( D <= (DVLimit*(-1)) ) { SpanA_Buffer[pos] = Low[pos]; SpanB_Buffer[pos] = Low[pos]+(D-DVLimit); } } //for } //start
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_HISTOGRAM
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: