//+------------------------------------------------------------------+
//| Weighted WCCI.mq4 |
//| Copyright © 2005, Luis Guilherme Damiani |
//| http://www.damianifx.com.br |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, Luis Guilherme Damiani"
#property link "http://www.damianifx.com.br"
#property indicator_separate_window
#property indicator_buffers 8
#property indicator_color1 Red
#property indicator_color2 DodgerBlue
#property indicator_color3 CadetBlue
#property indicator_color4 Red
#property indicator_color5 Red
#property indicator_color6 RoyalBlue
#property indicator_color7 RoyalBlue
#property indicator_color8 PaleGreen
//---- input parameters
extern int TCCIp=7;
extern int CCIp=13;
extern double overbslevel=200.0;
extern double triglevel=50.0;
extern double weight=1.0;
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];
double ExtMapBuffer5[];
double ExtMapBuffer6[];
double ExtMapBuffer7[];
double ExtMapBuffer8[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexLabel(0,"Turbo CCI");
SetIndexStyle(1,DRAW_LINE,1,3);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexLabel(2,"CCI");
SetIndexStyle(2,DRAW_HISTOGRAM);
SetIndexBuffer(2,ExtMapBuffer3);
SetIndexStyle(3,DRAW_LINE,1,3);
SetIndexLabel(3,"CCI");
SetIndexBuffer(3,ExtMapBuffer4);
SetIndexStyle(4,DRAW_LINE,1,3);
SetIndexBuffer(4,ExtMapBuffer5);
SetIndexStyle(5,DRAW_LINE,STYLE_DASH,1);
SetIndexBuffer(5,ExtMapBuffer6);
SetIndexStyle(6,DRAW_LINE,STYLE_DASH,1);
SetIndexBuffer(6,ExtMapBuffer7);
SetIndexStyle(7,DRAW_LINE,STYLE_DASH,1);
SetIndexBuffer(7,ExtMapBuffer8);
SetIndexDrawBegin(0,50);
SetIndexDrawBegin(1,50);
SetIndexDrawBegin(2,50);
SetIndexDrawBegin(3,50);
SetIndexDrawBegin(4,50);
SetIndexDrawBegin(5,50);
SetIndexDrawBegin(6,50);
SetIndexDrawBegin(7,50);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int trend_counter=0;
string trend="ZERO";
int start()
{
int counted_bars=IndicatorCounted();
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
//if(counted_bars>0) counted_bars=-1;
int limit=Bars-counted_bars;
//if (limit>Bars-CCIp-1)limit=Bars-CCIp-1;
//Comment(Bars+" "+limit);
double Kw=0.0;
int alt=0;
//----
for (int shift = 0; shift<=limit;shift++)
{
double CCI=iCCI(NULL,0,CCIp,PRICE_TYPICAL,shift);
double TCCI=iCCI(NULL,0,TCCIp,PRICE_TYPICAL,shift);
if (weight==0)Kw=0;
else
{ Kw=weight*iATR(NULL,0,7,shift)/iATR(NULL,0,49,shift);
CCI=CCI*Kw;
TCCI=TCCI*Kw;
}
if(TCCI>overbslevel+50)TCCI=overbslevel+50;
if(CCI>overbslevel+50)CCI=overbslevel+50;
if(CCI<-overbslevel-50)CCI=-overbslevel-50;
if(TCCI<-overbslevel-50)TCCI=-overbslevel-50;
ExtMapBuffer1[shift]=TCCI;
ExtMapBuffer2[shift]=CCI;
ExtMapBuffer3[shift]=CCI;
ExtMapBuffer4[shift]=overbslevel;
ExtMapBuffer5[shift]=-overbslevel;
ExtMapBuffer6[shift]=triglevel;
ExtMapBuffer7[shift]=-triglevel;
ExtMapBuffer8[shift]=0;
if (shift==0)
{ if (CCI>0)
if (trend=="UP" && limit>1)trend_counter+=1; else {trend_counter=1;trend="UP";}
else if (trend=="DOWN" && Bars-counted_bars>1) trend_counter+=1; else {trend_counter=1;trend="DOWN";}
Comment("CCI is trending ",trend," during last ",trend_counter," bar(s)");
}
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_LINE
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Commodity channel index
Indicator of the average true range
Custom Indicators Used:
Order Management characteristics:
Other Features: