//+------------------------------------------------------------------+
//| Ultimate Oscillator.mq4 |
//| Copyright © 2007, MetaQuotes Software Corp. |
//| http://www.metaquotes.ru/ |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, MetaQuotes Software Corp."
#property link "http://www.metaquotes.ru/"
//----
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Pink
#property indicator_levelcolor LightPink
#property indicator_maximum 125
#property indicator_minimum -25
//---- input parameters
extern int fastperiod = 7;
extern int middleperiod = 14;
extern int slowperiod = 28;
extern int fastK = 3;
extern int middleK = 3;
extern int slowK = 3;
//---- buffers
double UOBuffer[];
double BPBuffer[];
double divider;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
string name;
name="UOS(" + fastperiod + ", " + middleperiod + ", " + slowperiod + ")";
IndicatorBuffers(2);
SetIndexStyle(0, DRAW_LINE);
SetIndexBuffer(0, UOBuffer);
SetIndexDrawBegin(0, slowperiod);
SetIndexBuffer(1, BPBuffer);
IndicatorShortName(name);
IndicatorDigits(1);
divider = fastK + middleK + slowK;
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars = IndicatorCounted();
//----
int i, limit, limit2;
double TL, RawUO;
if(counted_bars == 0)
{
limit = Bars - 2;
limit2 = Bars - slowperiod;
}
if(counted_bars > 0)
{
limit = Bars - counted_bars;
limit2 = limit;
}
for(i = limit; i >= 0; i--)
{
TL = MathMin(Low[i], Close[i+1]);
BPBuffer[i] = Close[i] - TL;
}
for(i = limit2; i >= 0; i--)
{
RawUO = fastK*iMAOnArray(BPBuffer, 0, fastperiod, 0, MODE_SMA, i) /
iATR(NULL, 0, fastperiod, i) +
middleK*iMAOnArray(BPBuffer, 0, middleperiod, 0, MODE_SMA, i) /
iATR(NULL, 0, middleperiod, i) +
slowK*iMAOnArray(BPBuffer, 0, slowperiod, 0, MODE_SMA, i) /
iATR(NULL, 0, slowperiod, i);
UOBuffer[i] = RawUO / divider*100;
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Series array that contains the lowest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Moving average indicator
Indicator of the average true range
Custom Indicators Used:
Order Management characteristics:
Other Features: