//+------------------------------------------------------------------+
//| Mass Index.mq4 |
//| Copyright © 2007, MetaQuotes Software Corp. |
//| http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net"
//----
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Blue
#property indicator_level1 27
#property indicator_level2 26.5
#property indicator_levelcolor Blue
//---- input parameters
extern int EMAPeriod = 9;
extern int SecondPeriod = 9;
extern int SumPeriod = 25;
//---- buffers
double MI[];
double HL[];
double HLaverage[];
double EMA2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
string name;
name = "Mass Index(" + EMAPeriod + "," + SecondPeriod + "," + SumPeriod + ")";
IndicatorBuffers(4);
SetIndexStyle(0, DRAW_LINE);
SetIndexBuffer(0, MI);
SetIndexLabel(0, name);
SetIndexEmptyValue(0, 0.0);
SetIndexBuffer(1, HL);
SetIndexEmptyValue(1, 0.0);
SetIndexBuffer(2, HLaverage);
SetIndexEmptyValue(2, 0.0);
SetIndexBuffer(3, EMA2);
SetIndexEmptyValue(3, 0.0);
IndicatorShortName(name);
IndicatorDigits(2);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars = IndicatorCounted();
int limit,i;
//----
if(counted_bars < 0)
return(-1);
if(counted_bars == 0)
{
limit = Bars - 1;
for(i = limit; i >= 0; i--)
HL[i] = High[i] - Low[i];
for(i = limit - EMAPeriod; i >= 0; i--)
HLaverage[i]=iMAOnArray(HL,0,EMAPeriod,0,MODE_EMA,i);
for(i = limit - EMAPeriod - SecondPeriod; i >= 0; i--)
EMA2[i] = HLaverage[i] / iMAOnArray(HLaverage, 0, SecondPeriod, 0, MODE_EMA, i);
for(i = limit - EMAPeriod - SecondPeriod - SumPeriod; i >= 0; i--)
MI[i] = iMAOnArray(EMA2, 0, SumPeriod, 0, MODE_SMA, i)*SumPeriod;
}
if(counted_bars > 0)
{
limit = Bars - counted_bars;
for(i = limit; i >= 0; i--)
HL[i] = High[i] -Low[i];
for(i = limit; i >= 0; i--)
HLaverage[i] = iMAOnArray(HL, 0, EMAPeriod, 0, MODE_EMA, i);
for(i = limit; i >= 0; i--)
EMA2[i] = HLaverage[i] / iMAOnArray(HLaverage, 0, SecondPeriod, 0, MODE_EMA, i);
for(i = limit; i >= 0; i--)
MI[i] = iMAOnArray(EMA2, 0, SumPeriod, 0, MODE_SMA, i)*SumPeriod;
}
//----
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_LINE
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: