//+------------------------------------------------------------------+
//| Speedometer_v1.mq4 |
//| Copyright © 2006, Forex-TSD.com |
//| Written by IgorAD,igorad2003@yahoo.co.uk |
//| http://finance.groups.yahoo.com/group/TrendLaboratory |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Forex-TSD.com "
#property link "http://www.forex-tsd.com/"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 DodgerBlue
#property indicator_color2 Tomato
#property indicator_width1 3
#property indicator_width2 3
#property indicator_level1 0
extern int SpeedLimit=0;
double UpSpeed[];
double DnSpeed[];
//double price,prevprice,MaxUpSpeed=-1;
int init()
{
string short_name;
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexBuffer(0,UpSpeed);
SetIndexStyle(1,DRAW_HISTOGRAM);
SetIndexBuffer(1,DnSpeed);
short_name="Speedometer";
IndicatorShortName(short_name);
SetIndexLabel(0,"Up");
SetIndexLabel(1,"Down");
return(0);
}
int start()
{
int i, counted_bars=IndicatorCounted(),limit;
if ( counted_bars > 0 ) limit=Bars-counted_bars;
if ( counted_bars < 0 ) return(0);
if ( counted_bars ==0 ) limit=Bars-1;
for(i=0;i<limit;i++)
{
double dTime = Period();
if (i==0) dTime = (TimeCurrent()-Time[i])/60.0;
if(dTime > 0)
double Speed = (Close[i]-Open[i])/dTime/Point;
if ( Speed >= 0) {UpSpeed[i]=Speed; DnSpeed[i] = 0;}
else if ( Speed<0) {DnSpeed[i] = Speed; UpSpeed[i] = 0;}
}
//----------
string Message;
if ( SpeedLimit>0 && UpSpeed[0] > SpeedLimit && Volume[0]>1/*&& !UpTrendAlert*/)
{
Message = " "+Symbol()+" M"+Period()+": Exceeding of Speed Limit - BUY";
Alert (Message);
//UpTrendAlert=true; DownTrendAlert=false;
}
if ( SpeedLimit>0 && DnSpeed[0] < -SpeedLimit && Volume[0]>1/*&& !DownTrendAlert*/)
{
Message = " "+Symbol()+" M"+Period()+": Exceeding of Speed Limit - SELL";
Alert (Message);
//DownTrendAlert=true; UpTrendAlert=false;
}
//----
return(0);
}
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Series array that contains close prices for each bar
Series array that contains open prices of each bar
Series array that contains tick volumes of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: