//+------------------------------------------------------------------+ //| Awesome.mq4 | //| Copyright © 2004, MetaQuotes Software Corp. | //| http://www.metaquotes.net/ | //+------------------------------------------------------------------+ // Basically ADX mainline use.. //when the trend is moving up the histogram is green and rising. // best signal - when the histgram moves from below the line to above // it turns green - unless in range market suggests the trend has // some strength. #property copyright "Another perky marvel." #property link "perky_z@yahoo.com" //---- indicator settings #property indicator_separate_window #property indicator_buffers 2 #property indicator_color1 Green #property indicator_color2 Red //---- indicator buffers double ind_buffer1[]; double ind_buffer2[]; double ind_buffer3[]; extern int trendperiod=14; extern int trendlowerlimit=20; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- 1 additional buffer used for counting. IndicatorBuffers(3); //---- drawing settings SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID,3); SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID,3); IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)+1); SetIndexDrawBegin(0,34); SetIndexDrawBegin(1,34); //---- 3 indicator buffers mapping if(!SetIndexBuffer(0,ind_buffer1) && !SetIndexBuffer(1,ind_buffer2) && !SetIndexBuffer(2,ind_buffer3)) Print("cannot set indicator buffers!"); //---- name for DataWindow and indicator subwindow label IndicatorShortName("PerkyTrend"); //---- initialization done return(0); } //+------------------------------------------------------------------+ //| Awesome Oscillator | //+------------------------------------------------------------------+ int start() { int limit; int counted_bars=IndicatorCounted(); double prev,current; //---- check for possible errors if(counted_bars<0) return(-1); //---- last counted bar will be recounted if(counted_bars>0) counted_bars--; limit=Bars-counted_bars; //---- macd counted in the 1-st additional buffer for(int i=0; i<limit; i++) ind_buffer3[i]=iADX(NULL,0,trendperiod,PRICE_CLOSE,MODE_MAIN,i)-trendlowerlimit; //---- dispatch values between 2 buffers bool up=true; for(i=limit-1; i>=0; i--) { current=ind_buffer3[i]; prev=ind_buffer3[i+1]; if(current>prev) up=true; if(current<prev) up=false; if(!up) { ind_buffer2[i]=current; ind_buffer1[i]=0.0; } else { ind_buffer1[i]=current; ind_buffer2[i]=0.0; } } //---- done return(0); }
Sample
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Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Movement directional index
Custom Indicators Used:
Order Management characteristics:
Other Features: