Fast_Stochastic





//+------------------------------------------------------------------+
//|                                              Fast Stochastic.mq4 |
//|                      Copyright © 2006, MetaQuotes Software Corp. |
//|                                       http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, MetaQuotes Software Corp."
#property link      "http://www.metaquotes.net/"
#include <stdlib.mqh>
//----
#property indicator_separate_window
#property indicator_minimum 0
#property indicator_maximum 100
#property indicator_level1  20
#property indicator_level2  80
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
//---- input parameters
extern int KPeriod = 5;
extern int DPeriod = 3;
//---- buffers
double MainBuffer[];
double SignalBuffer[];
double HighesBuffer[];
double LowesBuffer[];
//----
int draw_begin = 0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
   string short_name;
//---- 2 additional buffers are used for counting.
   IndicatorBuffers(4);
   SetIndexBuffer(2, HighesBuffer);
   SetIndexBuffer(3, LowesBuffer);
//---- indicator lines
   SetIndexStyle(0, DRAW_LINE);
   SetIndexBuffer(0, MainBuffer);
   SetIndexStyle(1, DRAW_LINE);
   SetIndexBuffer(1, SignalBuffer);
//---- name for DataWindow and indicator subwindow label
   short_name="FastStoch(" + KPeriod + "," + DPeriod + ")";
   IndicatorShortName(short_name);
   SetIndexLabel(0, short_name);
   SetIndexLabel(1, "Signal");
//----
   draw_begin = KPeriod + DPeriod;
   SetIndexDrawBegin(0, KPeriod);
   SetIndexDrawBegin(1, draw_begin);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Stochastic oscillator                                            |
//+------------------------------------------------------------------+
int start()
  {
   int    i, k;
   int    counted_bars = IndicatorCounted();
   double price;
//----
   if(Bars <= draw_begin) 
       return(0);
//---- initial zero
   if(counted_bars < 1)
     {
       for(i = 1; i <= KPeriod; i++) 
           MainBuffer[Bars-i] = 0;
       for(i = 1; i <= draw_begin; i++) 
           SignalBuffer[Bars-i] = 0;
     }
//---- minimums counting
   i = Bars - KPeriod;
   if(counted_bars > KPeriod) 
       i = Bars - counted_bars - 1;
   while(i >= 0)
     {
       double min = 1000000;
       k = i + KPeriod - 1;
       while(k >= i)
         {
           price = Low[k];
           if(min > price) 
               min = price;
           k--;
         }
       LowesBuffer[i] = min;
       i--;
     }
//---- maximums counting
   i = Bars - KPeriod;
   if(counted_bars > KPeriod) 
       i = Bars - counted_bars - 1;
   while(i >= 0)
     {
       double max=-1000000;
       k = i + KPeriod - 1;
       while(k >= i)
         {
           price = High[k];
           if(max < price) 
               max = price;
           k--;
         }
       HighesBuffer[i] = max;
       i--;
     }
//---- %K line
   i = Bars - KPeriod;
   if(counted_bars > KPeriod) 
       i = Bars - counted_bars - 1;
   while(i >= 0)
     {  
       if(!CompareDoubles((HighesBuffer[i] - LowesBuffer[i]), 0.0)) 
           MainBuffer[i] = 100*(Close[i] - LowesBuffer[i]) / (HighesBuffer[i] - LowesBuffer[i]);
       i--;
     }
//---- last counted bar will be recounted
   if(counted_bars > 0) 
       counted_bars--;
   int limit = Bars - counted_bars;
//---- signal line is simple movimg average
   for(i = 0; i < limit; i++)
       SignalBuffer[i] = iMAOnArray(MainBuffer, Bars, DPeriod, 0, MODE_SMA, i);
//----
   return(0);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:

Series array that contains the lowest prices of each bar
Series array that contains the highest prices of each bar
Series array that contains close prices for each bar


Indicator Curves created:


Implements a curve of type DRAW_LINE

Indicators Used:

Moving average indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: