//+------------------------------------------------------------------+
//| Velocity_v2.mq4 |
//| Copyright © 2006, TrendLaboratory |
//| http://finance.groups.yahoo.com/group/TrendLaboratory |
//| E-mail: igorad2003@yahoo.co.uk |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, TrendLaboratory"
#property link "http://finance.groups.yahoo.com/group/TrendLaboratory"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 LightBlue
#property indicator_color2 Tomato
#property indicator_width1 2
#property indicator_width2 1
#property indicator_style2 2
//---- input parameters
extern int VelocityPeriod =8;
extern int Slow =5;
extern int MA_Mode =1;
//---- indicator buffers
double FastBuffer[];
double SlowBuffer[];
double Vel[];
double AvgVel[];
double DbAvgVel[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- indicator line
IndicatorBuffers(5);
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(0,FastBuffer);
SetIndexBuffer(1,SlowBuffer);
SetIndexBuffer(2,Vel);
SetIndexBuffer(3,AvgVel);
SetIndexBuffer(4,DbAvgVel);
IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS));
//---- name for DataWindow and indicator subwindow label
short_name="Velocity("+VelocityPeriod+")";
IndicatorShortName(short_name);
SetIndexLabel(0,"Fast");
SetIndexLabel(1,"Slow");
//----
SetIndexDrawBegin(0,3*VelocityPeriod+Slow);
SetIndexDrawBegin(1,3*VelocityPeriod+Slow);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Velocity_v2 |
//+------------------------------------------------------------------+
int start()
{
int shift, limit, counted_bars=IndicatorCounted();
if ( counted_bars < 0 ) return(-1);
if ( counted_bars ==0 ) limit=Bars-3*VelocityPeriod-Slow-1;
if ( counted_bars < 1 )
for(int i=1;i<3*VelocityPeriod+Slow;i++)
{
Vel[Bars-i]=0;
AvgVel[Bars-i]=0;
DbAvgVel[Bars-i]=0;
FastBuffer[Bars-i]=0;
SlowBuffer[Bars-i]=0;
}
if(counted_bars>0) limit=Bars-counted_bars;
limit--;
for(shift=limit;shift>=0;shift--)
Vel[shift]=(Close[shift]-Close[shift+1])/Point;
for(shift=limit;shift>=0;shift--)
AvgVel[shift]=iMAOnArray(Vel,0,VelocityPeriod,0,MA_Mode,shift);
for(shift=limit;shift>=0;shift--)
DbAvgVel[shift]=iMAOnArray(AvgVel,0,VelocityPeriod,0,MA_Mode,shift);
for(shift=limit;shift>=0;shift--)
FastBuffer[shift]=iMAOnArray(DbAvgVel,0,VelocityPeriod,0,MA_Mode,shift);
for(shift=limit;shift>=0;shift--)
SlowBuffer[shift]=iMAOnArray(FastBuffer,0,Slow,0,MA_Mode,shift);
return(0);
}
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Implements a curve of type DRAW_LINE
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: