// Trend Manager.mq4
// Based on indicator sold at traderstradingsystem.com
#property indicator_chart_window
#property indicator_buffers 4
#property indicator_color1 Red
#property indicator_color2 Blue
#property indicator_color3 Blue
#property indicator_color4 Red
extern int TM_Period = 7;
extern int TM_Shift = 2;
double SpanA_Buffer[];
double SpanB_Buffer[];
double AFill_Buffer[];
double BFill_Buffer[];
int a_begin;
int init()
{
a_begin=TM_Shift;
SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID);
SetIndexBuffer(0,SpanB_Buffer);
SetIndexDrawBegin(0,TM_Period+a_begin-1);
SetIndexLabel(0,"TM_Period_A");
SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID);
SetIndexBuffer(1,SpanA_Buffer);
SetIndexDrawBegin(1,TM_Period+a_begin-1);
SetIndexLabel(1,"TM_Period_B");
SetIndexStyle(2,DRAW_HISTOGRAM,STYLE_SOLID);
SetIndexBuffer(2,AFill_Buffer);
SetIndexDrawBegin(2,TM_Period+a_begin-1);
SetIndexLabel(2,"TM_Period_AFill");
SetIndexStyle(3,DRAW_HISTOGRAM,STYLE_SOLID);
SetIndexBuffer(3,BFill_Buffer);
SetIndexDrawBegin(3,TM_Period+a_begin-1);
SetIndexLabel(3,"TM_Period_BFill");
return(0);
}
int start()
{
int i,k;
int counted_bars=IndicatorCounted();
double high,low,price;
if(Bars<=TM_Period) return(0);
if(counted_bars<1)
{
for(i=1;i<=TM_Period;i+=2)
{
SpanA_Buffer[Bars-i]=0;
SpanB_Buffer[Bars-i]=0;
}
}
i=Bars-TM_Period;
if(counted_bars>TM_Period) i=Bars-counted_bars-1;
while(i>=0)
{
high=High[iHighest(NULL,0,MODE_HIGH,2,i)];
low=Low[iLowest(NULL,0,MODE_LOW,2,i)];
k=i-2+(TM_Period*2);
while(k>=i)
{
price=High[iHighest(NULL,0,MODE_HIGH,2,k)];
if(high<price) high=price;
price=Low[iLowest(NULL,0,MODE_LOW,2,k)];
if(low>price) low=price;
k-=2;
}
SpanA_Buffer[i] = (high+low)/2.0;
SpanB_Buffer[i] = SpanA_Buffer[i+(TM_Shift*2)];
AFill_Buffer[i-1] = SpanA_Buffer[i];
BFill_Buffer[i-1] = SpanB_Buffer[i];
i-=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_HISTOGRAM
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: