//+------------------------------------------------------------------+
//| Juice_mod_v1.2.mq4 |
//| Copyright © 2006, Forex-TSD.com |
//| Written by IgorAD|
//| http://finance.groups.yahoo.com/group/TrendLaboratory |
//| Thanks Perky for Idea: http://fxovereasy.atspace.com/index|
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Forex-TSD.com "
#property link "http://www.forex-tsd.com/"
//---- indicator settings
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 LimeGreen
#property indicator_color2 Orange
//---- indicator parameters
extern bool AlertsEnabled = false;
extern double AlertsProximity = 0.95;
extern string AlertsSound = "alert.wav";
extern int Length = 7;
extern double Ks = 1.0;
extern int CalcBars = 144;
extern int Advance = 70;
//---- indicator buffers
double UpBuffer[];
double DnBuffer[];
void init()
{
//---- drawing settings
SetIndexStyle(0, DRAW_HISTOGRAM, STYLE_SOLID);
SetIndexStyle(1, DRAW_LINE, STYLE_DOT);
//---- indicator buffers mapping
SetIndexBuffer(0, UpBuffer);
SetIndexBuffer(1, DnBuffer);
//---- name for DataWindow and indicator subwindow label
IndicatorShortName("Juice v1.2 alert (" + Length + "," + Ks + ")");
SetIndexShift(1, Advance);
//---- initialization done
SetIndexEmptyValue(0, 0);
SetIndexEmptyValue(1, 0);
}
//+------------------------------------------------------------------+
//| Juice_mod_v1.2 |
//+------------------------------------------------------------------+
void start()
{
static datetime AlertTime = 0;
if (CalcBars == 0)
int NBars = Bars - Length;
else
NBars = CalcBars;
double sum = 0;
for (int i = 1; i <= NBars; i++)
sum += iStdDev(NULL, 0, Length, MODE_EMA, 0, PRICE_CLOSE, i);
double avg = sum/NBars;
for (i = Bars - Length - 1; i >= 0; i--) {
double Juice = iStdDev(NULL, 0, Length, MODE_EMA, 0, PRICE_CLOSE, i);
UpBuffer[i] = Juice;
DnBuffer[i] = Ks*avg;
if (AlertsEnabled && i == 0 && AlertTime != Time[0]) {
if (UpBuffer[0]/DnBuffer[0] >= AlertsProximity) {
AlertTime = Time[0];
Alert("Juice Indicator! ", Symbol(), " M", Period());
if (StringLen(AlertsSound) > 0)
PlaySound(AlertsSound);
}
}
}
}
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Implements a curve of type DRAW_LINE
Indicators Used:
Standard Deviation indicator
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen
It plays sound alerts