//+------------------------------------------------------------------+
//| Waddah Attar ADXxBollinger.mq4 |
//| Copyright © 2006, Eng. Waddah Attar |
//| waddahattar@hotmail.com |
//+------------------------------------------------------------------+
#property copyright "Waddah Attar www.metaforex.net"
#property link "www.metaforex.net waddahattar@hotmail.com"
//----
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Green
#property indicator_color2 Red
#property indicator_minimum 0
//----
extern int ADXPeriod = 13;
extern int BandsPeriod=20;
//----
double ExtBuffer1[];
double ExtBuffer2[];
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int init()
{
SetIndexBuffer(0, ExtBuffer1);
SetIndexStyle(0, DRAW_HISTOGRAM, 0, 2);
//----
SetIndexBuffer(1, ExtBuffer2);
SetIndexStyle(1, DRAW_HISTOGRAM, 0, 2);
//----
IndicatorShortName("Waddah Attar ADXxBollinger - ADX (" + ADXPeriod + ") x Bollinger ("+BandsPeriod+")");
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int start()
{
int i, limit;
double ADX0,ADX1,ADX2,Explo;
int counted_bars = IndicatorCounted();
if(counted_bars < 0)
return(-1);
if(counted_bars > 0)
counted_bars--;
limit = Bars - counted_bars;
//----
for(i = 0; i < limit ; i++)
{
ADX0 = iADX(NULL, 0, ADXPeriod, PRICE_WEIGHTED, MODE_MAIN, i);
ADX1 = iADX(NULL, 0, ADXPeriod, PRICE_WEIGHTED, MODE_PLUSDI, i);
ADX2 = iADX(NULL, 0, ADXPeriod, PRICE_WEIGHTED, MODE_MINUSDI, i);
Explo = (iBands(NULL, 0, BandsPeriod, 2, 0, PRICE_CLOSE, MODE_UPPER, i) -
iBands(NULL, 0, BandsPeriod, 2, 0, PRICE_CLOSE, MODE_LOWER, i));
//----
if(ADX1 >= ADX2)
{
ExtBuffer1[i] = ADX0*Explo;
ExtBuffer2[i] = 0;
}
else
{
ExtBuffer1[i] = 0;
ExtBuffer2[i] = ADX0*Explo;
}
}
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Movement directional index
Bollinger bands indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: