//+------------------------------------------------------------------+
//| Custom MACD.mq4 |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, Igor Morozov"
#property link "http://www.herbspirit.com/mql"
//---- indicator settings
#property indicator_separate_window
#property indicator_buffers 3
#property indicator_color1 Lime
#property indicator_color2 Red
#property indicator_color3 Silver
#property indicator_style3 STYLE_DOT
#property indicator_level1 45
#property indicator_level2 30
#property indicator_level3 15
#property indicator_level4 -15
#property indicator_level5 -30
#property indicator_level6 -45
#property indicator_levelcolor Gray
#property indicator_levelstyle STYLE_DOT
//---- indicator parameters
extern int FastEMA=5;
extern int SlowEMA=13;
extern int SignalSMA=1;
//---- indicator buffers
double MacdBuffer[];
double MacdBufferUp[];
double MacdBufferDn[];
double SignalBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- drawing settings
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexStyle(1,DRAW_HISTOGRAM);
SetIndexStyle(2,DRAW_LINE);
SetLevelValue(0,45);
SetLevelValue(1,30);
SetLevelValue(2,15);
SetLevelValue(3,-15);
SetLevelValue(4,-30);
SetLevelValue(5,-45);
SetIndexDrawBegin(1,SignalSMA);
IndicatorDigits(Point+1);
//---- indicator buffers mapping
SetIndexBuffer(0,MacdBufferUp);
SetIndexBuffer(1,MacdBufferDn);
SetIndexBuffer(2,SignalBuffer);
//---- name for DataWindow and indicator subwindow label
IndicatorShortName("MACD H4-300("+FastEMA+","+SlowEMA+","+SignalSMA+")");
SetIndexLabel(0,"MACD UP");
SetIndexLabel(1,"MACD DN");
SetIndexLabel(2,"Signal");
//---- initialization done
return(0);
}
//+------------------------------------------------------------------+
//| Moving Averages Convergence/Divergence |
//+------------------------------------------------------------------+
int start()
{
int limit;
int counted_bars=IndicatorCounted();
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
int macdlimit=limit;
if(macdlimit<Bars-5)
macdlimit+=5;
ArrayResize(MacdBuffer,macdlimit);
ArraySetAsSeries(MacdBuffer,true);
//---- macd counted in the 1-st buffer
for(int i=0; i<macdlimit; i++) {
MacdBuffer[i]=(iMA(NULL,0,FastEMA,0,MODE_EMA,PRICE_CLOSE,i)-
iMA(NULL,0,SlowEMA,0,MODE_EMA,PRICE_CLOSE,i))/Point;
// Print("MACDBUFFER=",MacdBuffer[i]);
}
for(i=0;i<limit;i++)
{
int j=i+1;
while(MacdBuffer[i]==MacdBuffer[j]&&j-i<=5)
j++;
if(MacdBuffer[i]>MacdBuffer[j])
{
MacdBufferUp[i]=MacdBuffer[i];
MacdBufferDn[i]=0;
}
else
{
MacdBufferDn[i]=MacdBuffer[i];
MacdBufferUp[i]=0;
}
}
//---- signal line counted in the 2-nd buffer
for(i=0; i<limit; i++)
SignalBuffer[i]=iMAOnArray(MacdBuffer,Bars,SignalSMA,0,MODE_SMA,i);
//---- done
return(0);
}
//+------------------------------------------------------------------+
Sample
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Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Implements a curve of type DRAW_LINE
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: