Fx10Setup





#property copyright "palanka"
#property link      ""
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 LimeGreen
#property indicator_color2 Red

extern double ParmMult = 2.0; // multiply the standard parameters by this scale factor

int shift = 0;
bool first = true;
int prevbars = 0;
bool RsiUp = false, RsiDown = false;

double signal_long[];
double signal_short[];
bool up = false;
bool down = false;

int init()
{
   SetIndexBuffer(0,signal_long);
   SetIndexBuffer(1,signal_short);
   IndicatorShortName("Fx10Setup");
   SetIndexEmptyValue(0, 0.0) ;
   SetIndexEmptyValue(1, 0.0) ;

   SetIndexStyle(0,DRAW_ARROW);
   SetIndexArrow(0,233);
   SetIndexStyle(1,DRAW_ARROW);
   SetIndexArrow(1,234);

   IndicatorDigits(1);

   return(0);
}

int deinit()
{
   return(0);
}

int start()
{
   if (prevbars == Bars)
      return(0);

   // check for additional bars loading or total reloading
   if ((Bars < prevbars) || (Bars - prevbars > 1))
	   first = true;

   prevbars = Bars;

   if (first)
   {
      if (Bars <= 26 * ParmMult)
         return(0);

      first = false;
   }

   shift = Bars;
   while(shift >= 0)
   {
      signal_long[shift] = 0.0;
      signal_short[shift] = 0.0;

      double fastMA = iMA(NULL, 0, 5 * ParmMult, 0, MODE_LWMA, PRICE_CLOSE, shift);
      double slowMA = iMA(NULL, 0, 10 * ParmMult, 0, MODE_SMA, PRICE_CLOSE, shift);

      if (fastMA > slowMA)
      {
         RsiUp = iRSI(NULL, 0, 14 * ParmMult, PRICE_CLOSE, shift) >= 55.0;
         //and iRSI(p1, 1) > iRSI(p1, 2)

         double Stoch0 = iStochastic(NULL, 0, 5*ParmMult, 3*ParmMult, 3*ParmMult, MODE_SMA, PRICE_CLOSE, MODE_MAIN, shift);
         // double Stoch1 = iStochastic(NULL, 0, 5*ParmMult, 3*ParmMult, 3*ParmMult, MODE_SMA, PRICE_CLOSE, MODE_MAIN, shift + 1);
         double StochSig0 = iStochastic(NULL, 0, 5*ParmMult, 3*ParmMult, 3*ParmMult, MODE_SMA, PRICE_CLOSE, MODE_SIGNAL, shift);

         bool StochUp = (Stoch0 > StochSig0);
    	             //and Stoch0 > Stoch1
    	             //and Stoch0 >= StochHigh

         double MacdCurrent = iMACD(NULL, 0, 12*ParmMult, 26*ParmMult, 9*ParmMult, PRICE_CLOSE, MODE_MAIN, shift);
         // double MacdPrevious = iMACD(NULL, 0, 12*ParmMult, 26*ParmMult, 9*ParmMult, PRICE_CLOSE, MODE_MAIN, shift + 1);
         double MacdSig0 = iMACD(NULL, 0, 12*ParmMult, 26*ParmMult, 9*ParmMult, PRICE_CLOSE, MODE_SIGNAL, shift);

         bool MacdUp = (MacdCurrent > MacdSig0);
	             //and  MacdCurrent > MacdPrevious
	             //and MacdCurrent > 50

         if (StochUp && RsiUp && MacdUp)
            signal_long[shift] = High[shift] + 0.3 / MathPow(10.0, Digits - 1);
      }
      else if (fastMA < slowMA)
      {
         RsiDown = iRSI(NULL, 0, 14 * ParmMult, PRICE_CLOSE, shift) <= 45.0;
				   //and iRSI(p1, 2) > iRSI(p1, 1)
      
         Stoch0 = iStochastic(NULL, 0, 5*ParmMult, 3*ParmMult, 3*ParmMult, MODE_SMA, PRICE_CLOSE, MODE_MAIN, shift);
         // double Stoch1 = iStochastic(NULL, 0, 5*ParmMult, 3*ParmMult, 3*ParmMult, MODE_SMA, PRICE_CLOSE, MODE_MAIN, shift + 1);
         StochSig0 = iStochastic(NULL, 0, 5*ParmMult, 3*ParmMult, 3*ParmMult, MODE_SMA, PRICE_CLOSE, MODE_SIGNAL, shift);

         bool StochDown = (Stoch0 < StochSig0);
    	             //and Stoch0 < Stoch1
     	             //and Stoch0 <= StochLow

         MacdCurrent = iMACD(NULL, 0, 12*ParmMult, 26*ParmMult, 9*ParmMult, PRICE_CLOSE, MODE_MAIN, shift);
         // double MacdPrevious = iMACD(NULL, 0, 12*ParmMult, 26*ParmMult, 9*ParmMult, PRICE_CLOSE, MODE_MAIN, shift + 1);
         MacdSig0 = iMACD(NULL, 0, 12*ParmMult, 26*ParmMult, 9*ParmMult, PRICE_CLOSE, MODE_SIGNAL, shift);

         bool MacdDown = (MacdCurrent < MacdSig0);
	             //and  MacdCurrent < MacdPrevious
	             //and MacdCurrent < 50

         if (StochDown && RsiDown && MacdDown)
            signal_short[shift] = Low[shift] - 0.3 / MathPow(10.0, Digits - 1);
      }

      shift--;
   }

   return(0);
}





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 DRAW_ARROW

Indicators Used:

Moving average indicator
Relative strength index
Stochastic oscillator
MACD Histogram


Custom Indicators Used:

Order Management characteristics:

Other Features: