//+------------------------------------------------------------------+
//| WPR T3.mq4 |
//| Original Code by FX Sniper |
//| Copyright © 2007, Forex-TSD.com |
//| Written by Linuxser |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, Forex-TSD.com "
#property link "http://www.forex-tsd.com/"
//----
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_minimum 0
#property indicator_maximum 100
#property indicator_color1 Red
#property indicator_width1 3
#property indicator_level1 20
#property indicator_level2 50
#property indicator_level3 80
#property indicator_levelstyle STYLE_DASHDOT
#property indicator_levelcolor DodgerBlue
//----
extern int HLR_Range = 20;
extern bool LastBarOnly = true;
extern int T3_Period = 5;
extern double hot = 0.550;
//----
double e1, e2, e3, e4, e5, e6;
double c1, c2, c3, c4;
double n, w1, w2, b2, b3;
double HLR[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators setting
SetIndexBuffer(0, HLR);
//----
SetIndexStyle(0, DRAW_LINE);
//----
IndicatorShortName("HLR(" + HLR_Range + ", " + T3_Period + ")");
SetIndexLabel(0, "HLR T3");
//---- variable reset
b2 = hot*hot;
b3 = b2*hot;
c1 = -b3;
c2 = (3*(b2 + b3));
c3 = -3*(2*b2 + hot + b3);
c4 = (1 + 3*hot + b3 + 3*b2);
n = T3_Period;
//----
if(n < 1)
n = 1;
w1 = 2 / (2 + 0.5*(MathMax(1,n)-1));
w2 = 1 - w1;
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
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;
//---- indicator calculation
for(int i = Bars - 1; i >= 0; i--)
{
HLR[i] = iCustom(NULL, 0,"HLR",LastBarOnly,HLR_Range,0,i);
e1 = w1*HLR[i] + w2*e1;
e2 = w1*e1 + w2*e2;
e3 = w1*e2 + w2*e3;
e4 = w1*e3 + w2*e4;
e5 = w1*e4 + w2*e5;
e6 = w1*e5 + w2*e6;
HLR[i] = c1*e6 + c2*e5 + c3*e4 + c4*e3;
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
HLR
Order Management characteristics:
Other Features: