MBA_Thesis_Indicator_ok_v1





#property copyright "Metatrader4 Code by jjk2. Based on MBA Thesis from Simon Fraser University written by C.E. ALDEA."
#property link      ""
#property indicator_separate_window
#property indicator_buffers 3
#property indicator_color1 Green
#property indicator_color2 Yellow
#property indicator_color3 White
#property indicator_width1 3
#property indicator_width2 3
#property indicator_width3 1
 
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+

int init()
{
   IndicatorBuffers(4);
   SetIndexBuffer(0,ExtMapBuffer1);
   SetIndexBuffer(1,ExtMapBuffer2);
   SetIndexBuffer(2,ExtMapBuffer3);
   SetIndexBuffer(3,ExtMapBuffer4);

   SetIndexStyle(0,DRAW_HISTOGRAM);
   SetIndexStyle(1,DRAW_HISTOGRAM);
   SetIndexLabel(2,NULL);
   
   string short_name = "ZigZag BETA Current value:";
   IndicatorShortName(short_name);
   return(0);
}

int deinit()
{
   return(0);
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+

int start()
  {
   int counted_bars = IndicatorCounted();
   int limit;
  

   if (counted_bars<0) return(-1);
   if (counted_bars>0) counted_bars--;
      limit = Bars-counted_bars;
  
   //
   //
   //
   //
   //
   
   for (int i=limit; i>=0; i--)
   {
      double MACD   = iMACD(NULL,0,12,26,9,PRICE_CLOSE,0,i);
      double Stoch  = iStochastic(NULL,0,9,6,2,MODE_SMA,1,0,i);
      double RSI    = iRSI(NULL,0,9,PRICE_CLOSE,i);
      double moment = iMomentum(NULL,0,9,PRICE_CLOSE,i);
        
      if (moment != 0)
            ExtMapBuffer4[i] = Stoch*(MACD+RSI)/moment;
      else  ExtMapBuffer4[i] = 0.00;
   }
   
   //
   //
   //
   //
   //
   
   for (i=limit; i>=0; i--)
   {
      ExtMapBuffer3[i] = iMAOnArray(ExtMapBuffer4,0,2,0,MODE_SMA,i);
      if (ExtMapBuffer3[i]>ExtMapBuffer3[i+1]) {
          ExtMapBuffer1[i] = ExtMapBuffer3[i];
          ExtMapBuffer2[i] = EMPTY_VALUE;
      }
      else          
      {
          ExtMapBuffer2[i] = ExtMapBuffer3[i];
          ExtMapBuffer1[i] = EMPTY_VALUE;
      }
   }
   
   //
   //
   //
   //
   //
   
   return(0);
}



Sample





Analysis



Market Information Used:



Indicator Curves created:


Implements a curve of type DRAW_HISTOGRAM

Indicators Used:

MACD Histogram
Stochastic oscillator
Relative strength index
Momentum indicator
Moving average indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: