//+------------------------------------------------------------------+
//| OsMA.mq4 |
//| Copyright © 2004, MetaQuotes Software Corp. |
//| http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
#property copyright "colour update by thor@gmx.co.uk, Moneytec chat: thorr"
//---- indicator settings
#property indicator_separate_window
#property indicator_buffers 4
#property indicator_color1 Maroon
#property indicator_color2 DarkGreen
#property indicator_color3 Lime
#property indicator_color4 OrangeRed
//---- indicator parameters
extern int FastEMA=8;
extern int SlowEMA=12;
extern int SignalSMA=9;
extern double thresh = 0.0001;
//---- indicator buffers
double ind_buffer0[];
double ind_buffer1[];
double ind_buffer2[];
double ind_buffer3[];
double ind_brighthi[];
double ind_brightlo[];
double res;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- 2 additional buffers are used for counting.
IndicatorBuffers(6);
//---- drawing settings
SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexStyle(2,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexStyle(3,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexDrawBegin(0,SignalSMA);
SetIndexDrawBegin(1,SignalSMA);
SetIndexDrawBegin(2,SignalSMA);
SetIndexDrawBegin(3,SignalSMA);
IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)+2);
//---- 4 indicator buffers mapping
if(!SetIndexBuffer(0,ind_buffer0) &&
!SetIndexBuffer(1,ind_buffer1) &&
!SetIndexBuffer(2,ind_brighthi) &&
!SetIndexBuffer(3,ind_brightlo) &&
!SetIndexBuffer(4,ind_buffer2) &&
!SetIndexBuffer(5,ind_buffer3))
Print("cannot set indicator buffers!");
//---- name for DataWindow and indicator subwindow label
IndicatorShortName("RainbowOsMA("+FastEMA+","+SlowEMA+","+SignalSMA+")");
//---- initialization done
return(0);
}
//+------------------------------------------------------------------+
//| Moving Average of Oscillator |
//+------------------------------------------------------------------+
int start()
{
int limit;
int counted_bars=IndicatorCounted();
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
//---- macd counted in the 1-st additional buffer
for(int i=0; i<limit; i++)
ind_buffer3[i]=iMA(NULL,0,FastEMA,0,MODE_EMA,PRICE_CLOSE,i)-iMA(NULL,0,SlowEMA,0,MODE_EMA,PRICE_CLOSE,i);
//---- signal line counted in the 2-nd additional buffer
for(i=0; i<limit; i++)
ind_buffer2[i]=iMAOnArray(ind_buffer3,Bars,SignalSMA,0,MODE_SMA,i);
//---- main loop
for(i=limit-1; i>=0; i--)
{
res = ind_buffer3[i] - ind_buffer2[i];
// Sort it out now...
if (res < thresh && res > 0) {
ind_buffer1[i] = res;
ind_brighthi[i] = 0;
continue;
} else if (res > 0) {
ind_brighthi[i] = res;
ind_buffer1[i] = 0;
} else if (res > -thresh && res < 0) {
ind_brightlo[i] = 0;
ind_buffer0[i] = res;
continue;
} else if (res < 0)
ind_brightlo[i] = res;
ind_buffer0[i] = 0;
}
return(0);
}
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: