MOM-TC_v2m_001





/*

//+------------------------------------------------------------------+
//|                         Momentum with Alert Cross and signal.mq4 |
//|                                                                  |
//|   Original: RSI with Trend Catcher signal by Matsu               |  
//|   Modified: Momentum with cross signal by Linuxser for Forex-TSD |
//| Modified by kalenzo, bartlomiej.gorski@gmail.com
//+------------------------------------------------------------------+

*/
//mod

#property indicator_separate_window
#property indicator_buffers 6
#property indicator_color1 LimeGreen
#property indicator_color2 LimeGreen
#property indicator_color3 Orange
#property indicator_color4 Orange
#property indicator_color5 LimeGreen
#property indicator_color6 Orange


#property indicator_levelcolor Brown
#property indicator_levelstyle STYLE_DOT


extern int       MOMPeriod=14;
extern int       MOMPrice=0;


extern double       obLevel2= 0.8;
extern double       obLevel1= 0.5;
extern double       Level0  = 0;
extern double       osLevel1=-0.5;
extern double       osLevel2=-0.8;





extern bool      Alerts = true;

extern bool       alertLevels2 =1;
extern bool       alertLevels1 =1;
extern bool       alertLevel0  =1;

extern bool       alertOBCrossUp=1;
extern bool       alertOBCrossDn=1;
extern bool       alertOSCrossUp=1;
extern bool       alertOSCrossDn=1;

double MOM[];
double Buy[];
double Sell[];
double DnMOM[];
double Levela[];
double hUP[],hDN[];
int Level= 0;



int init() 
{

   IndicatorBuffers(6);
   
   SetIndexStyle(0,DRAW_LINE);
   SetIndexBuffer(0,MOM);
   
   SetIndexStyle(1,DRAW_ARROW,STYLE_SOLID);
   SetIndexArrow(1,159);
   SetIndexBuffer(1,Buy);
   
   SetIndexStyle(2,DRAW_ARROW,STYLE_SOLID);
   SetIndexArrow(2,159);
   SetIndexBuffer(2,Sell);
   
   SetIndexStyle(3,DRAW_LINE);
   SetIndexBuffer(3,DnMOM);
   
   SetIndexBuffer(4,hUP);
   SetIndexStyle(4,DRAW_HISTOGRAM,STYLE_SOLID,1);
   
   SetIndexBuffer(5,hDN);
   SetIndexStyle(5,DRAW_HISTOGRAM,STYLE_SOLID,1);
   
   
   SetLevelValue(0,obLevel2);
   SetLevelValue(1,obLevel1);
   SetLevelValue(2,osLevel1);
   SetLevelValue(3,osLevel2);
   
   
   
   
   IndicatorShortName("Momentum ("+MOMPeriod+")");
   IndicatorDigits(2);
   
   return(0);
   
}



int start() 
{

   int counted_bars=IndicatorCounted();
   int shift,limit,ob,os;   
   bool TrendUp, TrendDn;
   bool dn = false;
   double BuyNow, BuyPrevious, SellNow, SellPrevious;
   static datetime prevtime = 0;
         
   if (counted_bars<0) return(-1);
   if (counted_bars>0) counted_bars--;
   limit=Bars-31;
   if(counted_bars>=31) limit=Bars-counted_bars-1;

   for (shift=limit;shift>=0;shift--)   
   {
            

      MOM[shift]=iMomentum(NULL,0,MOMPeriod,MOMPrice,shift)-100;

      ob = Level;
      os = Level;
      
      
      TrendUp=false;
      TrendDn=false;
      

      if(MOM[shift]>Level0) 
	  {
		TrendUp=true;
		hUP[shift] = MOM[shift];
		hDN[shift] = 0;
	  }	
      else if(MOM[shift]<=Level) 
	  {
		TrendDn=true;
		hDN[shift] = MOM[shift];
		hUP[shift] = 0;
	  }	 
      
      if (dn==true)
      {
         if (MOM[shift]>Level) 
         {
            dn=false;
            DnMOM[shift]=EMPTY_VALUE;
         }
         else
         {
            dn=true;
            DnMOM[shift]=MOM[shift];
			
         }

      }
      else
      {
         if (MOM[shift]<Level) 
         {
            dn=true;
            DnMOM[shift]=MOM[shift];
		 }
         else
         {
            dn=false;
            DnMOM[shift]=EMPTY_VALUE;
			
         }
           
      }
      
      


      if(TrendUp==true) 
      {
         Buy[shift]=ob;
         Sell[shift]=EMPTY_VALUE;
      } 
      else 
      if(TrendDn==true) 
      {
         Buy[shift]=EMPTY_VALUE;
         Sell[shift]=os;
      } 
      else
      {
         Buy[shift]=EMPTY_VALUE;
         Sell[shift]=EMPTY_VALUE;
      }
      
    }      
         

//       ======= Alert =========

   if(Alerts)
   {
      // if(prevtime == Time[0]) return(0);
      
         
     
   
     double  MOMNow = MOM[0];
     double  MOMPrev = MOM[1];
      


  bool cross=0, lv0cross=0, lv1cross=0, lv2cross=0;
  string  mess;
  
     
  
      if    (MOMNow >Level0   && MOMPrev<=Level0     && alertLevel0) 
                                          {cross=1; mess =   "0 UP";}

      if    (MOMNow <Level0   && MOMPrev>=Level0     && alertLevel0) 
                                          {cross=1; mess =   "0 DN";}
 
     
     
      if    (MOMNow >obLevel1 && MOMPrev<=obLevel1  && alertLevels1 && alertOBCrossUp)
                                          {cross =1; mess =  DoubleToStr(obLevel1,2)+"  UP";}

      if    (MOMNow <obLevel1 && MOMPrev>=obLevel1  && alertLevels1 && alertOBCrossDn)
                                          {cross =1; mess =  DoubleToStr(obLevel1,2)+"  DN";}


      if    (MOMNow >obLevel2 && MOMPrev<=obLevel2  && alertLevels2 && alertOBCrossUp) 
                                          {cross =1; mess =  DoubleToStr(obLevel2,2)+"  UP";}

      if    (MOMNow <obLevel2 && MOMPrev>=obLevel2  && alertLevels2&& alertOBCrossDn)
                                          {cross =1; mess =  DoubleToStr(obLevel1,2)+"  DN";}





      if    (MOMNow >osLevel1 && MOMPrev<=osLevel1  && alertLevels1 && alertOSCrossUp) 
                                          {cross =1; mess =  DoubleToStr(osLevel1,2)+"  UP";}

      if    (MOMNow <osLevel1 && MOMPrev>=osLevel1  && alertLevels1 && alertOSCrossDn)
                                          {cross =1; mess =  DoubleToStr(osLevel1,2)+"  DN";}



      if    (MOMNow >osLevel2 && MOMPrev<=osLevel2  && alertLevels2 && alertOSCrossUp) 
                                          {cross =1; mess =  DoubleToStr(osLevel2,2)+"  UP";}

      if    (MOMNow <osLevel2 && MOMPrev>=osLevel2  && alertLevels2 && alertOSCrossDn)
                                          {cross =1; mess =  DoubleToStr(osLevel2,2)+"  DN";}


     if (cross && prevtime != Time[0]) {
      
         Alert(Symbol(), " M", Period(), " Momentum Cross level " +mess );
   
         
         IndicatorShortName("Momentum ("+MOMPeriod+") (alerts on)");
         prevtime = Time[0];            }

   }

//       ======= Alert End =========


   
   return(0);
   
}







Sample





Analysis



Market Information Used:

Series array that contains open time of each bar


Indicator Curves created:

Implements a curve of type DRAW_LINE

Implements a curve of type DRAW_ARROW
Implements a curve of type DRAW_HISTOGRAM

Indicators Used:

Momentum indicator


Custom Indicators Used:

Order Management characteristics:

Other Features:

It issuies visual alerts to the screen