//+------------------------------------------------------------------+
//| SMC Trend.mq4 |
//| Copyright © 2004|
//| |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2004"
#property link "na"
#property indicator_separate_window
#property indicator_buffers 3
#property indicator_color1 DarkOliveGreen
#property indicator_color2 FireBrick
#property indicator_color3 Red
//---- input parameters
extern int TPeriodMA=24;
extern int TPeriodL= 8;
//---- buffers
double TBuffer[];
double HorizBuffer[];
double AvgBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- indicator line
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,TBuffer);
SetIndexStyle(1,DRAW_LINE,1);
SetIndexBuffer(1,HorizBuffer);
SetIndexStyle(2,DRAW_LINE,0,2,Red);
SetIndexBuffer(2,AvgBuffer);
//---- name for DataWindow and indicator subwindow label
short_name="SMC Trend("+TPeriodMA+")";
IndicatorShortName(short_name);
SetIndexLabel(0,short_name);
//----
SetIndexDrawBegin(0,TPeriodMA);
SetIndexDrawBegin(1,TPeriodMA);
SetIndexDrawBegin(2,TPeriodMA);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Trend |
//+------------------------------------------------------------------+
int start()
{
int i,x,cnt;
int counted_bars=IndicatorCounted();
double Total;
//----
if(Bars<=TPeriodMA) return(0);
//---- initial zero
if(counted_bars<1)
for(i=1;i<=TPeriodMA;i++) TBuffer[Bars-i]=0.0;
//----
i=Bars-TPeriodMA-1;
if(counted_bars>=TPeriodMA) i=Bars-counted_bars-1;
while(i>=0)
{
Total=0;
x=0;
while (x < TPeriodMA)
{Total=Total + Close[i+x];
x=x+1;
}
Total= Total / TPeriodMA; //Calculates Simple MA for TPeriod for Current Bar
x=0;
cnt=0;
while(x < TPeriodL+1)
{if(High[i+x] > Total && Low[i+x] < Total) cnt= cnt+1;
x=x+1;
}
TBuffer[i] = cnt;
HorizBuffer[i] = TPeriodL/2;
AvgBuffer[i] = (TBuffer[i] + TBuffer[i+1])/2;
i--;
}
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: