wma_cross_confirm





//+------------------------------------------------------------------+
//|                                                       
//|                                                          Kalenzo |
//|                                                  simone@konto.pl |
//+------------------------------------------------------------------+

#property copyright "Kalenzo"
#property link      "simone@konto.pl"

#property indicator_chart_window
#property indicator_color1 Blue
#property indicator_color2 Red
#property indicator_color3 Aqua
#property indicator_color4 DeepPink
extern int ShortPeriod = 5;
extern int BigPeriod = 50;
extern int ExitPeriod = 20;

#property indicator_buffers 4
//---- input parameters
//---- buffers
double UpBuffer[];
double DnBuffer[];
double ExitLong[];
double ExitShort[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators

  // IndicatorBuffers(2);
   SetIndexStyle(0,DRAW_ARROW,EMPTY,1);
   SetIndexStyle(1,DRAW_ARROW,EMPTY,1);
   SetIndexStyle(2,DRAW_ARROW,EMPTY,1);
  SetIndexStyle(3,DRAW_ARROW,EMPTY,1);
  
   SetIndexBuffer(0,UpBuffer);
   SetIndexBuffer(1,DnBuffer);
   SetIndexBuffer(2,ExitLong);
   SetIndexBuffer(3,ExitShort);
  
   SetIndexArrow(0,233);
   SetIndexArrow(1,234);
   SetIndexArrow(2,251);
   SetIndexArrow(3,251);

   SetIndexLabel(0,"Up Signal");
   SetIndexLabel(1,"Down Signal");
   SetIndexLabel(2,"Exit Long");
   SetIndexLabel(3,"Exit Short");

//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
  
   int limit;
   int counted_bars=IndicatorCounted();
   if(counted_bars<0) counted_bars=0;
   if(counted_bars>0) counted_bars--;
   limit=Bars-counted_bars;
   
  
   for(int i = 0 ;i < limit ;i++)
   { 
      double pwma5 = iMA(Symbol(),0,ShortPeriod,0,MODE_LWMA,PRICE_CLOSE,i+1);
      double cwma5 = iMA(Symbol(),0,ShortPeriod,0,MODE_LWMA,PRICE_CLOSE,i);
      
      double pwma50 = iMA(Symbol(),0,BigPeriod,0,MODE_LWMA,PRICE_CLOSE,i+1);
      double cwma50 = iMA(Symbol(),0,BigPeriod,0,MODE_LWMA,PRICE_CLOSE,i);
      
      double pwma20 = iMA(Symbol(),0,ExitPeriod,0,MODE_LWMA,PRICE_CLOSE,i+1);
      double cwma20 = iMA(Symbol(),0,ExitPeriod,0,MODE_LWMA,PRICE_CLOSE,i);
       
      if( cwma5 > cwma50 && pwma5 <= pwma50)
      {  
        UpBuffer[i] = iLow(Symbol(),0,i)-(3*Point);
        DnBuffer[i] = EMPTY_VALUE;
      }
      else if( pwma5 >= pwma50 && cwma5 < cwma50)
      {
        UpBuffer[i] = EMPTY_VALUE;
        DnBuffer[i] = iHigh(Symbol(),0,i)+(3*Point);
      }
      else
      {
        DnBuffer[i] = EMPTY_VALUE;
        UpBuffer[i] = EMPTY_VALUE;
      }
      
      if( cwma5 > cwma20 && pwma5 <= pwma20 && iClose(Symbol(),0,i) < cwma50)
      {  
        ExitShort[i] = iHigh(Symbol(),0,i)+(3*Point);
        ExitLong[i] =  EMPTY_VALUE;
      }
      else if( pwma5 >= pwma20 && cwma5 < cwma20 && iClose(Symbol(),0,i) > cwma50)
      {
        ExitShort[i] = EMPTY_VALUE;
        ExitLong[i] = iLow(Symbol(),0,i)-(3*Point);
      }
      else
      {
        ExitShort[i] = EMPTY_VALUE;
        ExitLong[i] = EMPTY_VALUE;
      }
  
   }
//----

   return(0);
  }
//+------------------------------------------------------------------+







Sample





Analysis



Market Information Used:

Series array that contains the lowest prices of each bar
Series array that contains the highest prices of each bar
Series array that contains close prices for each bar


Indicator Curves created:

Implements a curve of type DRAW_ARROW


Indicators Used:

Moving average indicator


Custom Indicators Used:

Order Management characteristics:

Other Features: