//+------------------------------------------------------------------+
//| TrendScalpIndc.mq4 |
//| Copyright © 2005, MetaQuotes Software Corp. |
//| http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 DeepSkyBlue
#property indicator_color2 RoyalBlue
//---- Parameters
extern int TTFbars=15;
extern bool UseT3Smoothing=false;
extern int t3_period = 5;
extern double b=0.7;
extern int maxbars=5000;
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(1,ExtMapBuffer2);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int i,k;
int counted_bars=IndicatorCounted();
i=Bars-1;
if(counted_bars>0) i=Bars-counted_bars+0;
//Note: to add the spread to the highesthigh price then uncomment below
double sp = (MarketInfo(Symbol(),MODE_SPREAD)*Point);
// double sp = 0;
//----
double HighestHighRecent, HighestHighOlder, LowestLowRecent, LowestLowOlder, BuyPower, SellPower, TTF, TTF1;
i = MathMin(i,maxbars);
while (i>=0)
{
HighestHighRecent=High[Highest(NULL,0,MODE_HIGH,1, i+1)] + sp;
HighestHighOlder =High[Highest(NULL,0,MODE_HIGH,TTFbars,i+2)] + sp;
LowestLowRecent =Low[Lowest(NULL,0,MODE_LOW ,1,i+1)];
LowestLowOlder =Low[Lowest(NULL,0,MODE_LOW ,TTFbars,i+2)];
BuyPower =HighestHighRecent-LowestLowOlder;
SellPower=HighestHighOlder -LowestLowRecent;
TTF1=(BuyPower-SellPower)/(0.5*(BuyPower+SellPower))*100;
if (UseT3Smoothing)
TTF = GetT3Val( Symbol(), t3_period, b, TTF1);
else
TTF = TTF1;
ExtMapBuffer1[i] = TTF;
if (TTF>=0)
ExtMapBuffer2[i] = 100;
else
ExtMapBuffer2[i] = -100;
i--;
}
//----
return(0);
}
//+------------------------------------------------------------------+
double GetT3Val( string symbol, int t3_Period, double b, double dVal)
{
double e1,e2,e3,e4,e5,e6;
double c1,c2,c3,c4;
double n,w1,w2,b2,b3;
e1=0; e2=0; e3=0; e4=0; e5=0; e6=0;
c1=0; c2=0; c3=0; c4=0;
n=0;
w1=0; w2=0;
b2=0; b3=0;
b2=b*b;
b3=b2*b;
c1=-b3;
c2=(3*(b2+b3));
c3=-3*(2*b2+b+b3);
c4=(1+3*b+b3+3*b2);
n=t3_Period;
if (n<1) n=1;
n = 1 + 0.5*(n-1);
w1 = Div(2,(n + 1));
w2 = 1 - w1;
//---- indicator calculation
e1 = w1* (dVal) + 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;
return (NormalizeDouble( c1*e6 + c2*e5 + c3*e4 + c4*e3, MarketInfo(symbol,MODE_DIGITS)));
}
//+------------------------------------------------------------------+
double Div(double nVal, double nDiv)
{
if (nVal == 0 || nDiv == 0)
{
return (0);
}
return (nVal/nDiv);
}
Sample
Analysis
Market Information Used:
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: