//+------------------------------------------------------------------+
//| Qualitative Quantitative Estimation Indicator for Metatrader 4 |
//| Copyright © 2006Roman Ignatov |
//| mailto:roman.ignatov@gmail.com |
//+------------------------------------------------------------------+
//mod alerts
#property copyright "Copyright © 200 Roman Ignatov"
#property link "mailto:roman.ignatov@gmail.com"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_style1 STYLE_SOLID
#property indicator_width1 2
#property indicator_color2 Yellow
#property indicator_style2 STYLE_DOT
extern int SF = 5; // original 5
extern int RSI_Period = 14; // original 14
extern double DARFACTOR = 4.236; //original 4.236
extern bool BoxAlertON = false;
extern bool SoundAlertON = true;
extern bool EmailAlertON = false;
extern int alertDelayBars = 0;
extern string soundfile = "stops.wav"; //ok.wav/alert.wav/short.wav
double alertboxTag,alertsoundTag,alertmailTag;
int Wilders_Period;
int StartBar;
double TrLevelSlow[];
double AtrRsi[];
double MaAtrRsi[];
double Rsi[];
double RsiMa[];
int init()
{
Wilders_Period = RSI_Period * 2 - 1;
if (Wilders_Period < SF)
StartBar = SF;
else
StartBar = Wilders_Period;
IndicatorBuffers(6);
SetIndexBuffer(0, RsiMa);
SetIndexStyle(0, DRAW_LINE);
SetIndexLabel(0, "Value 1");
SetIndexDrawBegin(0, StartBar);
SetIndexStyle(1, DRAW_LINE);
SetIndexBuffer(1, TrLevelSlow);
SetIndexLabel(1, "Value 2");
SetIndexDrawBegin(1, StartBar);
SetIndexBuffer(2, AtrRsi);
SetIndexBuffer(3, MaAtrRsi);
SetIndexBuffer(4, Rsi);
IndicatorShortName(StringConcatenate("QQE(", SF, ")"));
return(0);
}
int start()
{
int counted, i;
double rsi0, rsi1, dar, tr, dv;
if(Bars <= StartBar)
return (0);
counted = IndicatorCounted();
if(counted < 1)
for(i = Bars - StartBar; i < Bars; i++)
{
TrLevelSlow[i] = 0.0;
AtrRsi[i] = 0.0;
MaAtrRsi[i] = 0.0;
Rsi[i] = 0.0;
RsiMa[i] = 0.0;
}
counted = Bars - counted - 1;
for (i = counted; i >= 0; i--)
Rsi[i] = iRSI(NULL, 0, RSI_Period, PRICE_CLOSE, i);
for (i = counted; i >= 0; i--)
{
RsiMa[i] = iMAOnArray(Rsi, 0, SF, 0, MODE_EMA, i);
AtrRsi[i] = MathAbs(RsiMa[i + 1] - RsiMa[i]);
}
for (i = counted; i >= 0; i--)
MaAtrRsi[i] = iMAOnArray(AtrRsi, 0, Wilders_Period, 0, MODE_EMA, i);
i = counted + 1;
tr = TrLevelSlow[i];
rsi1 = iMAOnArray(Rsi, 0, SF, 0, MODE_EMA, i);
while (i > 0)
{
i--;
rsi0 = iMAOnArray(Rsi, 0, SF, 0, MODE_EMA, i);
dar = iMAOnArray(MaAtrRsi, 0, Wilders_Period, 0, MODE_EMA, i) * DARFACTOR;
dv = tr;
if (rsi0 < tr)
{
tr = rsi0 + dar;
if (rsi1 < dv)
if (tr > dv)
tr = dv;
}
else if (rsi0 > tr)
{
tr = rsi0 - dar;
if (rsi1 > dv)
if (tr < dv)
tr = dv;
}
TrLevelSlow[i] = tr;
rsi1 = rsi0;
string message= Symbol()+" M"+Period()+" "+DoubleToStr(Close[0],4); // Bid +DoubleToStr(Close[0],4)
int b=i+alertDelayBars;
if(RsiMa[b]> TrLevelSlow[b] && RsiMa[b+1]< TrLevelSlow[b+1])
{
if (BoxAlertON && alertboxTag!=Time[b])
{ Alert("QQE Cross: Trend going Up on ",message); alertboxTag = Time[b];
}
if (EmailAlertON && alertmailTag!=Time[b])
{ SendMail("QQEA","QQECross: Trend going Up on "+message); alertmailTag = Time[b];
}
if (SoundAlertON && alertsoundTag!=Time[b])
{ PlaySound (soundfile); alertsoundTag = Time[b];
}
}
if(RsiMa[b]< TrLevelSlow[b] && RsiMa[b+1]> TrLevelSlow[b+1])
{
if (BoxAlertON && alertboxTag!=Time[b])
{ Alert("QQE Cross: Trend going Down on ",message); alertboxTag = Time[b];
}
if (EmailAlertON && alertmailTag!=Time[b])
{ SendMail("QQEA","QQECross: Trend going Down on "+message); alertmailTag = Time[b];
}
if (SoundAlertON && alertsoundTag!=Time[b])
{ PlaySound (soundfile); alertsoundTag = Time[b];
}
}
}
return(0);
}
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Series array that contains open time of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Relative strength index
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen
It sends emails