//+------------------------------------------------------------------+ //| FisherCyberCycle.mq4 | //| | //| Fisher Stochastic Cyber Cycle | //| | //| Algorithm taken from book | //| "Cybernetics Analysis for Stock and Futures" | //| by John F. Ehlers | //| | //| contact@mqlsoft.com | //| http://www.mqlsoft.com/ | //+------------------------------------------------------------------+ #property copyright "Coded by Witold Wozniak" #property link "www.mqlsoft.com" #property indicator_separate_window #property indicator_buffers 2 #property indicator_color1 Red #property indicator_color2 Blue #property indicator_level1 0 double FisherCC[]; double Trigger[]; double Smooth[]; double Cycle[]; double Value1[]; extern double Alpha = 0.07; extern int Length = 8; int buffers = 0; int drawBegin = 0; int init() { drawBegin = Length; initBuffer(FisherCC, "Fisher Cyber Cycle", DRAW_LINE); initBuffer(Trigger, "Trigger", DRAW_LINE); initBuffer(Smooth); initBuffer(Cycle); initBuffer(Value1); IndicatorBuffers(buffers); IndicatorShortName("Fisher Cyber Cycle [" + DoubleToStr(Alpha, 2) + ", " + Length + "]"); return (0); } int start() { if (Bars <= drawBegin) return (0); int countedBars = IndicatorCounted(); if (countedBars < 0) return (-1); if (countedBars > 0) countedBars--; int s, limit = Bars - countedBars - 1; for (s = limit; s >= 0; s--) { Smooth[s] = (P(s) + 2.0 * P(s + 1) + 2.0 * P(s + 2) + P(s + 3)) / 6.0; Cycle[s] = (1.0 - 0.5 * Alpha) * (1.0 - 0.5 * Alpha) * (Smooth[s] - 2.0 * Smooth[s + 1] + Smooth[s + 2]) + 2.0 * (1.0 - Alpha) * Cycle[s + 1] - (1.0 - Alpha) * (1.0 - Alpha) * Cycle[s + 2]; if (s > Bars - 8) { Cycle[s] = (P(s) - 2.0 * P(s + 1) + P(s + 2)) / 4.0; } double hh = Cycle[s], ll = Cycle[s]; for (int i = 0; i < Length; i++) { double tmp = Cycle[s + i]; hh = MathMax(hh, tmp); ll = MathMin(ll, tmp); } Value1[s] = 0.0; if (hh != ll) { Value1[s] = (Cycle[s] - ll) / (hh - ll); } FisherCC[s] = (4.0 * Value1[s] + 3.0 * Value1[s + 1] + 2.0 * Value1[s + 2] + Value1[s + 3]) / 10.0; FisherCC[s] = 0.5 * MathLog((1.0 + 1.98 * (FisherCC[s] - 0.5)) / (1.0 - 1.98 * (FisherCC[s] - 0.5))); Trigger[s] = FisherCC[s + 1]; } return (0); } double P(int index) { return ((High[index] + Low[index]) / 2.0); } void initBuffer(double array[], string label = "", int type = DRAW_NONE, int arrow = 0, int style = EMPTY, int width = EMPTY, color clr = CLR_NONE) { SetIndexBuffer(buffers, array); SetIndexLabel(buffers, label); SetIndexEmptyValue(buffers, EMPTY_VALUE); SetIndexDrawBegin(buffers, drawBegin); SetIndexShift(buffers, 0); SetIndexStyle(buffers, type, style, width); SetIndexArrow(buffers, arrow); buffers++; }
Sample
Analysis
Market Information Used:
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 type
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: