//+------------------------------------------------------------------+
//| 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 1
#property indicator_width2 1
#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_LINE);
SetIndexBuffer(0,UpSpeed);
SetIndexStyle(1,DRAW_LINE);
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++)
//for(i=limit;i>0;i--)
i=limit;
while(i>=0)
{
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;}
UpSpeed[i]-=UpSpeed[i+1];
DnSpeed[i]-=DnSpeed[i+1];
i--;
}
//----------
// 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
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: