//+------------------------------------------------------------------+
//| Danny Feng Ergodic.mq4 |
//+------------------------------------------------------------------+
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Yellow
#property indicator_color2 Red
//---- input parameters
extern int r=2;
extern int s=5;
extern int u=8;
extern int smooth=2;
//---- buffers
double ErgBuffer[];
double ema_ErgBuffer[];
double Price_Delta1_Buffer[];
double Price_Delta2_Buffer[];
double s_ema1_Buffer[];
double s_ema2_Buffer[];
double u_ema1_Buffer[];
double u_ema2_Buffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- additional buffers are used for counting.
IndicatorBuffers(8);
SetIndexBuffer(0,ema_ErgBuffer);
SetIndexBuffer(1,ErgBuffer);
SetIndexBuffer(2,Price_Delta1_Buffer);
SetIndexBuffer(3,Price_Delta2_Buffer);
SetIndexBuffer(4,s_ema1_Buffer);
SetIndexBuffer(5,s_ema2_Buffer);
SetIndexBuffer(6,u_ema1_Buffer);
SetIndexBuffer(7,u_ema2_Buffer);
//---- indicator lines
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexStyle(1,DRAW_HISTOGRAM);
//---- name for DataWindow and indicator subwindow label
short_name="Ergodic";
IndicatorShortName(short_name);
SetIndexLabel(0,short_name);
//----
SetIndexDrawBegin(0,r+s+u+smooth);
SetIndexDrawBegin(1,r+s+u+smooth);
//----
return(0);
}
//+------------------------------------------------------------------+
//| True Strength Index |
//+------------------------------------------------------------------+
int start() {
int i,limit;
double mean1, mean2;
int counted_bars=IndicatorCounted();
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
for(i=0; i<limit; i++) {
//Price_Delta1_Buffer[i] = Close[i] - Close[i+r];
//Price_Delta2_Buffer[i] = MathAbs(Close[i] - Close[i+r]);
mean1 = (Close[i] + High[i] + Low[i]) /3;
mean2 = (Close[i+r] + High[i+r] + Low[i+r]) /3;
Price_Delta1_Buffer[i] = mean1 - mean2;
Price_Delta2_Buffer[i] = MathAbs(mean1 - mean2);
}
for(i=0; i<limit; i++) {
s_ema1_Buffer[i]=iMAOnArray(Price_Delta1_Buffer,Bars,s,0,MODE_EMA,i);
s_ema2_Buffer[i]=iMAOnArray(Price_Delta2_Buffer,Bars,s,0,MODE_EMA,i);
}
for(i=0; i<limit; i++) {
u_ema1_Buffer[i]=iMAOnArray(s_ema1_Buffer,Bars,u,0,MODE_EMA,i);
u_ema2_Buffer[i]=iMAOnArray(s_ema2_Buffer,Bars,u,0,MODE_EMA,i);
}
for(i=0; i<limit; i++) {
ErgBuffer[i] = 100 * u_ema1_Buffer[i] / u_ema2_Buffer[i] ;
}
for(i=0; i<limit; i++) {
ema_ErgBuffer[i] = iMAOnArray(ErgBuffer,Bars,smooth,0,MODE_EMA,i);
}
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
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: