TTF+-+MW_v1





//+------------------------------------------------------------------+
//|                                                          TTF.mq4 |
//|                                                           MojoFX |
//|                                         http://fx.studiomojo.com |
//+------------------------------------------------------------------+
#property copyright "MojoFX"
#property link      "http://fx.studiomojo.com"
//---- indicators setting
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 GreenYellow
//---- input parameters
extern int       TTFbars=12;
extern int       t3_period=6;
extern double    b=1.618;
//---- buffers
double ExtMapBuffer1[],ExtMapBuffer2[];
double b2,b3,c1,c2,c3,c4,e1,e2,e3,e4,e5,e6,w1,w2,TTF,r;
double HighestHighRecent,HighestHighOlder,LowestLowRecent,LowestLowOlder;
double BuyPower,SellPower;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {

//---- indicators
   SetIndexStyle(0,DRAW_ARROW);
   SetIndexArrow(0,159);
   SetIndexBuffer(0,ExtMapBuffer1);
   SetIndexEmptyValue(0,0.0);
   SetIndexStyle(1,DRAW_ARROW);
   SetIndexArrow(1,159);
   SetIndexBuffer(1,ExtMapBuffer2);
   SetIndexEmptyValue(1,0.0);
    
//----
    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);
    
    r=t3_period;
    
    if (r<1) r=1;
    r = 1 + 0.5*(r-1);
    w1 = 2 / (r + 1);
    w2 = 1 - w1;
    
    e1=0;
	e2=0;
	e3=0;
	e4=0;
	e5=0;
	e6=0;
//----
    return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- TODO: add your code here
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
    int counted_bars=IndicatorCounted();
    if (counted_bars<0) return(-1);
    if (counted_bars>0) counted_bars--;
    int limit=Bars-counted_bars;

//---- 
   for(int i=limit; i>=0; i--)
      {
      HighestHighRecent=High[Highest(NULL,0,2,TTFbars,i-TTFbars+1)];
      HighestHighOlder =High[Highest(NULL,0,2,TTFbars,i+1)];
      LowestLowRecent =Low[Lowest(NULL,0,1,TTFbars,i-TTFbars+1)];
      LowestLowOlder =Low[Lowest(NULL,0,1,TTFbars,i+1)];
      BuyPower =HighestHighRecent-LowestLowOlder;
      SellPower=HighestHighOlder -LowestLowRecent;
      TTF=(BuyPower-SellPower)/(0.5*(BuyPower+SellPower))*100;
      
      e1 = w1*TTF + 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;
      
      TTF = c1*e6 + c2*e5 + c3*e4 + c4*e3;

      if (TTF <= (-100))
         {
         ExtMapBuffer1[i] = High[i]+4*Point;         
         ExtMapBuffer2[i] = 0;
         }
      
      if (TTF >= 100) 
         {         
         ExtMapBuffer1[i] = 0; 
         ExtMapBuffer2[i] = Low[i]-4*Point;
         }          
         
      if (TTF>(-100) && TTF<100){
         ExtMapBuffer1[i]=0;
         ExtMapBuffer2[i]=0;
         }
      
      }
     
//----
   return(0);
  }
//+------------------------------------------------------------------+



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_ARROW


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: