MODIFIED_VERSION_ttm-trend-3





//+------------------------------------------------------------------+
//|                                                    ttm-trend.mq4 |
//|                Copyright © 2005, Nick Bilak, beluck[AT]gmail.com |
//|                                                                  |
//| MODIFIED_VERSION_ttm-trend-3                                     |
//| MODIFIED BY AVERY T. HORTON, JR. AKA THERUMPLEDONE@GMAIL.COM     |
//| I am NOT the ORIGINAL author 
//  and I am not claiming authorship of this indicator. 
//  All I did was modify it. I hope you find my modifications useful.|
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, Nick Bilak"

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color2 Red
#property indicator_color1 Blue
//---- input parameters



extern int win = 0;
extern int price.x.offset= 0 ; 
extern int price.y.offset= 400 ; 


extern int   myFontSize       = 120;

extern string Buy_Message       = "BUY!" ;
extern string Long_Message      = "LONG" ;
extern string SellShort_Message = "SHORT!" ;
extern string Short_Message     = "SHORT" ;

extern color Buy_color       = Lime;
extern color Long_color      = Green;
extern color SellShort_color = Red;
extern color Short_color     = Crimson;

extern int       CompBars=6;
//---- buffers
double buf1[];
double buf2[];
double haOpen[];
double haClose[];
double icolor[];

string cTrade, pTrade ;

color TradeColor ;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
	IndicatorBuffers(5);
   SetIndexStyle(0,DRAW_HISTOGRAM); // blue
   SetIndexBuffer(0,buf1);
   SetIndexStyle(1,DRAW_HISTOGRAM);  // red
   SetIndexBuffer(1,buf2);
   SetIndexBuffer(2,haOpen);
   SetIndexBuffer(3,haClose);
   SetIndexBuffer(4,icolor);

//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
   ObjectsDeleteAll(win ); 
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {

   int shift,limit,i;
   int counted_bars=IndicatorCounted();
   if (counted_bars<0) return(-1);
   if (counted_bars>0) counted_bars--;
   limit=Bars-4;
   if(counted_bars>=1) limit=Bars-counted_bars-4;
 	
 	double dip,dim,stm,sts,macdm,macds;
 	
	if (haOpen[limit+3]==0.0) haOpen[limit+3]=Open[limit+3];
	haClose[limit+3] = (Open[limit+3]+High[limit+3]+Low[limit+3]+Close[limit+3])/4.0;

   for(shift = limit+2; shift >= 0; shift--) {
		haOpen[shift] = (haOpen[shift+1]+haClose[shift+1])/2.0;
	   haClose[shift] = (Open[shift]+High[shift]+Low[shift]+Close[shift])/4.0;

		if (haClose[shift] > haOpen[shift]) icolor[shift] = 1;
		else icolor[shift] = -1;
	
		for (i=1; i<=CompBars; i++) {
			if ( haOpen[shift] <= MathMax(haOpen[shift+i],haClose[shift+i]) &&
	 			  haOpen[shift] >= MathMin(haOpen[shift+i],haClose[shift+i]) &&
				  haClose[shift] <= MathMax(haOpen[shift+i],haClose[shift+i]) &&
				  haClose[shift] >= MathMin(haOpen[shift+i],haClose[shift+i]) )
						icolor[shift] = icolor[shift+i];		
		}
		if (icolor[shift]>0) {
			buf1[shift]=High[shift];
			buf2[shift]=Low[shift];
		} else {
			buf2[shift]=High[shift];
			buf1[shift]=Low[shift];
		}
	}
	
	
	
 
	
	while(true)
	{
   	if (icolor[0]>0 && icolor[0] != icolor[1] ) {cTrade = Buy_Message ; TradeColor = Buy_color ; break ;} 
   	if (icolor[0]<0 && icolor[0] != icolor[1] ) {cTrade = SellShort_Message ; TradeColor = SellShort_color ; break ;}    		
   	if (icolor[0]>0) {cTrade = Long_Message ;TradeColor = Long_color ;} else {cTrade = Short_Message ;TradeColor = Short_color ;}
   	break ;	
   }	
	
	Comment( 
	"cTrade ", cTrade, "\n",
	"pTrade ", pTrade, "\n",
	"icolor[0] ", icolor[0], "\n",	
	"icolor[1] ", icolor[1], "\n",		
	"" );
	
	pTrade = cTrade ;

   DoMessage();
	
   return(0);	
  }
//+------------------------------------------------------------------+

//+------------------------------------------------------------------+  

void DoMessage()
{
                    
   ObjectCreate("tmm01", OBJ_LABEL, win, 0, 0);//HiLow LABEL
   ObjectSetText("tmm01",cTrade, myFontSize , "Arial Bold", TradeColor );
   ObjectSet("tmm01", OBJPROP_CORNER, 0);
   ObjectSet("tmm01", OBJPROP_XDISTANCE, price.x.offset); 
   ObjectSet("tmm01", OBJPROP_YDISTANCE, price.y.offset); 

   WindowRedraw(); 
   
return(0);
}

//+------------------------------------------------------------------+        

  



Sample





Analysis



Market Information Used:

Series array that contains open prices of each bar
Series array that contains close prices for each bar
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_HISTOGRAM


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: