FTLM





// ========================================================================================= //
//                      F A S T   T R E N D   L I N E   M O M E N T U M                      //
//                                   FTLM Digital Filter                                     //
//                           modified by © 2007 Wibisono Hoesen                              //
// ========================================================================================= //

#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red

double Up[];
double Down[];


// ========================================================================================= //
//                               I N I T I A L I S A T I O N                                 //
// ========================================================================================= //

int init()
{
   string short_name;
   IndicatorBuffers(2);
   SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID,2);
   SetIndexBuffer(0,Up);
   SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID,2);
   SetIndexBuffer(1,Down);
   return(0);
}


// ========================================================================================= //
//                                  S T A R T   O F   E A                                    //
// ========================================================================================= //

int start()
{
   int i,i2,counted_bars = IndicatorCounted();
   double FTLM,FTLM1,value1,value2,value3,value4;
   if(Bars<=43) return(0);
   if(counted_bars<43)
   {
      for(i=1;i<=0;i++) Up[Bars-i]   =  0.0;
      for(i=1;i<=0;i++) Down[Bars-i] =  0.0;
   }
   i = Bars-43-1;
   if(counted_bars>=43) i = Bars-counted_bars-1; 

   while(i>=0)
   {
         value1 =
         0.4360409450*Close[i+0]
         +0.3658689069*Close[i+1]
         +0.2460452079*Close[i+2]
         +0.1104506886*Close[i+3]
         -0.0054034585*Close[i+4]
         -0.0760367731*Close[i+5]
         -0.0933058722*Close[i+6]
         -0.0670110374*Close[i+7]
         -0.0190795053*Close[i+8]
         +0.0259609206*Close[i+9]
         +0.0502044896*Close[i+10]
         +0.0477818607*Close[i+11]
         +0.0249252327*Close[i+12]
         -0.0047706151*Close[i+13]
         -0.0272432537*Close[i+14]
         -0.0338917071*Close[i+15]
         -0.0244141482*Close[i+16]
         -0.0055774838*Close[i+17]
         +0.0128149838*Close[i+18]
         +0.0226522218*Close[i+19]
         +0.0208778257*Close[i+20]
         +0.0100299086*Close[i+21]
         -0.0036771622*Close[i+22]
         -0.0136744850*Close[i+23]
         -0.0160483392*Close[i+24]
         -0.0108597376*Close[i+25]
         -0.0016060704*Close[i+26]
         +0.0069480557*Close[i+27]
         +0.0110573605*Close[i+28]
         +0.0095711419*Close[i+29]
         +0.0040444064*Close[i+30]
         -0.0023824623*Close[i+31]
         -0.0067093714*Close[i+32]
         -0.0072003400*Close[i+33]
         -0.0047717710*Close[i+34]
         +0.0005541115*Close[i+35]
         +0.0007860160*Close[i+36]
         +0.0130129076*Close[i+37]
         +0.0040364019*Close[i+38];

         value2 =
         -0.0025097319*Close[i+0]
         +0.0513007762*Close[i+1]
         +0.1142800493*Close[i+2]
         +0.1699342860*Close[i+3]
         +0.2025269304*Close[i+4]
         +0.2025269304*Close[i+5]
         +0.1699342860*Close[i+6]
         +0.1142800493*Close[i+7]
         +0.0513007762*Close[i+8]
         -0.0025097319*Close[i+9]
         -0.0353166244*Close[i+10]
         -0.0433375629*Close[i+11]
         -0.0311244617*Close[i+12]
         -0.0088618137*Close[i+13]
         +0.0120580088*Close[i+14]
         +0.0233183633*Close[i+15]
         +0.0221931304*Close[i+16]
         +0.0115769653*Close[i+17]
         -0.0022157966*Close[i+18]
         -0.0126536111*Close[i+19]
         -0.0157416029*Close[i+20]
         -0.0113395830*Close[i+21]
         -0.0025905610*Close[i+22]
         +0.0059521459*Close[i+23]
         +0.0105212252*Close[i+24]
         +0.0096970755*Close[i+25]
         +0.0046585685*Close[i+26]
         -0.0017079230*Close[i+27]
         -0.0063513565*Close[i+28]
         -0.0074539350*Close[i+29]
         -0.0050439973*Close[i+30]
         -0.0007459678*Close[i+31]
         +0.0032271474*Close[i+32]
         +0.0051357867*Close[i+33]
         +0.0044454862*Close[i+34]
         +0.0018784961*Close[i+35]
         -0.0011065767*Close[i+36]
         -0.0031162862*Close[i+37]
         -0.0033443253*Close[i+38]
         -0.0022163335*Close[i+39]
         +0.0002573669*Close[i+40]
         +0.0003650790*Close[i+41]
         +0.0060440751*Close[i+42]
         +0.0018747783*Close[i+43];

         value3 =
         0.4360409450*Close[i+0+1]
         +0.3658689069*Close[i+1+1]
         +0.2460452079*Close[i+2+1]
         +0.1104506886*Close[i+3+1]
         -0.0054034585*Close[i+4+1]
         -0.0760367731*Close[i+5+1]
         -0.0933058722*Close[i+6+1]
         -0.0670110374*Close[i+7+1]
         -0.0190795053*Close[i+8+1]
         +0.0259609206*Close[i+9+1]
         +0.0502044896*Close[i+10+1]
         +0.0477818607*Close[i+11+1]
         +0.0249252327*Close[i+12+1]
         -0.0047706151*Close[i+13+1]
         -0.0272432537*Close[i+14+1]
         -0.0338917071*Close[i+15+1]
         -0.0244141482*Close[i+16+1]
         -0.0055774838*Close[i+17+1]
         +0.0128149838*Close[i+18+1]
         +0.0226522218*Close[i+19+1]
         +0.0208778257*Close[i+20+1]
         +0.0100299086*Close[i+21+1]
         -0.0036771622*Close[i+22+1]
         -0.0136744850*Close[i+23+1]
         -0.0160483392*Close[i+24+1]
         -0.0108597376*Close[i+25+1]
         -0.0016060704*Close[i+26+1]
         +0.0069480557*Close[i+27+1]
         +0.0110573605*Close[i+28+1]
         +0.0095711419*Close[i+29+1]
         +0.0040444064*Close[i+30+1]
         -0.0023824623*Close[i+31+1]
         -0.0067093714*Close[i+32+1]
         -0.0072003400*Close[i+33+1]
         -0.0047717710*Close[i+34+1]
         +0.0005541115*Close[i+35+1]
         +0.0007860160*Close[i+36+1]
         +0.0130129076*Close[i+37+1]
         +0.0040364019*Close[i+38+1];

         value4 =
         -0.0025097319*Close[i+0+1]
         +0.0513007762*Close[i+1+1]
         +0.1142800493*Close[i+2+1]
         +0.1699342860*Close[i+3+1]
         +0.2025269304*Close[i+4+1]
         +0.2025269304*Close[i+5+1]
         +0.1699342860*Close[i+6+1]
         +0.1142800493*Close[i+7+1]
         +0.0513007762*Close[i+8+1]
         -0.0025097319*Close[i+9+1]
         -0.0353166244*Close[i+10+1]
         -0.0433375629*Close[i+11+1]
         -0.0311244617*Close[i+12+1]
         -0.0088618137*Close[i+13+1]
         +0.0120580088*Close[i+14+1]
         +0.0233183633*Close[i+15+1]
         +0.0221931304*Close[i+16+1]
         +0.0115769653*Close[i+17+1]
         -0.0022157966*Close[i+18+1]
         -0.0126536111*Close[i+19+1]
         -0.0157416029*Close[i+20+1]
         -0.0113395830*Close[i+21+1]
         -0.0025905610*Close[i+22+1]
         +0.0059521459*Close[i+23+1]
         +0.0105212252*Close[i+24+1]
         +0.0096970755*Close[i+25+1]
         +0.0046585685*Close[i+26+1]
         -0.0017079230*Close[i+27+1]
         -0.0063513565*Close[i+28+1]
         -0.0074539350*Close[i+29+1]
         -0.0050439973*Close[i+30+1]
         -0.0007459678*Close[i+31+1]
         +0.0032271474*Close[i+32+1]
         +0.0051357867*Close[i+33+1]
         +0.0044454862*Close[i+34+1]
         +0.0018784961*Close[i+35+1]
         -0.0011065767*Close[i+36+1]
         -0.0031162862*Close[i+37+1]
         -0.0033443253*Close[i+38+1]
         -0.0022163335*Close[i+39+1]
         +0.0002573669*Close[i+40+1]
         +0.0003650790*Close[i+41+1]
         +0.0060440751*Close[i+42+1]
         +0.0018747783*Close[i+43+1];

         FTLM  =  value1-value2;
         FTLM1 =  value3-value4;
         if (FTLM>FTLM1) {Up[i]=FTLM;Down[i]=0.0;} else {Down[i]=FTLM;Up[i]=0.0;}
         i--;
   }
   return(0);
}


// ========================================================================================= //
//                                E N D   O F   P R O G R A M                                //
// ========================================================================================= //





Sample





Analysis



Market Information Used:

Series array that contains close prices for each bar


Indicator Curves created:

Implements a curve of type DRAW_HISTOGRAM


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: