//+------------------------------------------------------------------+
//| Burger MACD.mq4 |
//| BurgerKing |
//+------------------------------------------------------------------+
//---- indicator settings
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
#property indicator_width1 1
#property indicator_width2 1
//#property indicator_level1 +45
//#property indicator_level2 +30
//#property indicator_level3 +15
//#property indicator_level4 0
//#property indicator_level5 -15
//#property indicator_level6 -30
//#property indicator_level7 -45
//---- indicator parameters
extern int FastEMA = 12;
extern int SlowEMA = 26;
extern int SignalSMA = 9;
extern string comment = "Period: MN,W1,D1,H4,H1,M30,M15,M5,M1";
extern string PERIOD = "D1";
//---- indicator buffers
double MACDPos[],MACDNeg[];
int ThisPeriod;
int Ratio;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init() {
string name;
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexBuffer(0,MACDPos);
SetIndexLabel(0,"MACDPos");
SetIndexStyle(1,DRAW_HISTOGRAM);
SetIndexBuffer(1,MACDNeg);
SetIndexLabel(1,"MACDNeg");
ThisPeriod = Period();
if (PERIOD == "MN") { ThisPeriod = PERIOD_MN1; name = "Burger MN1"; }
if (PERIOD == "W1") { ThisPeriod = PERIOD_W1; name = "Burger W1"; }
if (PERIOD == "D1") { ThisPeriod = PERIOD_D1; name = "Burger D1"; }
if (PERIOD == "H4") { ThisPeriod = PERIOD_H4; name = "Burger H4"; }
if (PERIOD == "H1") { ThisPeriod = PERIOD_H1; name = "Burger H1"; }
if (PERIOD == "M30") { ThisPeriod = PERIOD_M30; name = "Burger M30"; }
if (PERIOD == "M15") { ThisPeriod = PERIOD_M15; name = "Burger M15"; }
if (PERIOD == "M5") { ThisPeriod = PERIOD_M5; name = "Burger M5"; }
if (PERIOD == "M1") { ThisPeriod = PERIOD_M1; name = "Burger M1"; }
if (Period() > ThisPeriod) { ThisPeriod = Period(); name = "Burger "; }
Ratio = ThisPeriod / Period();
IndicatorDigits(0);
IndicatorShortName(name + " MACD ("+FastEMA+","+SlowEMA+","+SignalSMA+")");
return(0);
}
int deinit() {
ObjectsDeleteAll(0);
Comment("");
return(0);
}
//+------------------------------------------------------------------+
//| Moving Averages Convergence/Divergence |
//+------------------------------------------------------------------+
double MACD_0,MACD_1,MACD_2;
int MACDtime, x, counted_bars;
int start() {
counted_bars=IndicatorCounted();
if(counted_bars>0) counted_bars--;
for (int i=Bars-counted_bars; i>=0; i--) {
MACDtime = iTime(Symbol(),0,i);
x = iBarShift(Symbol(),ThisPeriod,MACDtime,false);
MACD_0 = 10000 * iMACD(Symbol(),ThisPeriod,FastEMA,SlowEMA,SignalSMA,PRICE_CLOSE,MODE_MAIN,x);
MACD_1 = 10000 * iMACD(Symbol(),ThisPeriod,FastEMA,SlowEMA,SignalSMA,PRICE_CLOSE,MODE_MAIN,x+1);
MACD_2 = 10000 * iMACD(Symbol(),ThisPeriod,FastEMA,SlowEMA,SignalSMA,PRICE_CLOSE,MODE_MAIN,x+2);
MACDtime = iTime(Symbol(),ThisPeriod,x+1);
if (ObjectFind("BurgerMACD"+MACDtime) != 0) {
if (MACD_1 > MACD_2) { //BULL
} else if (MACD_2 < MACD_1) { //BEAR
}
}
if (MACD_0 > MACD_1) {
MACDPos[i] = MACD_0;
MACDNeg[i] = 0;
} else {
MACDPos[i] = 0;
MACDNeg[i] = MACD_0;
}
}
return(0);
}
//+------------------------------------------------------------------+
void DrawArrow (string text, int time, double y, color Color) {
string name = "BurgerMACD"+time;
ObjectDelete(name);
ObjectCreate(name, OBJ_TEXT, 0, time, y);
ObjectSetText(name, text, 20, "Wingdings", EMPTY);
ObjectSet(name, OBJPROP_COLOR, Color);
}
Sample
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Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
MACD Histogram
Custom Indicators Used:
Order Management characteristics:
Other Features: