//+------------------------------------------------------------------+
//| ZeroLag MACD Colored.mq4 |
//+------------------------------------------------------------------+
#property copyright ""
#property link ""
//----
#property indicator_separate_window
#property indicator_buffers 7
#property indicator_color1 Black
#property indicator_color2 DeepSkyBlue
#property indicator_color3 Black
#property indicator_color4 Black
#property indicator_color5 Black
#property indicator_color6 Lime
#property indicator_color7 Red
//---- input parameters
extern int FastEMA = 12;
extern int SlowEMA = 26;
extern int SignalEMA = 9;
//---- buffers
double MACDBuffer[];
double SignalBuffer[];
double FastEMABuffer[];
double SlowEMABuffer[];
double SignalEMABuffer[];
double Buffer1[];
double Buffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorBuffers(7);
SetIndexBuffer(0, MACDBuffer);
SetIndexBuffer(1, SignalBuffer);
SetIndexBuffer(2, FastEMABuffer);
SetIndexBuffer(3, SlowEMABuffer);
SetIndexBuffer(4, SignalEMABuffer);
SetIndexBuffer(5, Buffer1);
SetIndexBuffer(6, Buffer2);
SetIndexStyle(0, DRAW_NONE);
SetIndexStyle(1, DRAW_LINE,EMPTY);
SetIndexStyle(2, DRAW_NONE);
SetIndexStyle(3, DRAW_NONE);
SetIndexStyle(4, DRAW_NONE);
SetIndexStyle(5, DRAW_HISTOGRAM);
SetIndexStyle(6, DRAW_HISTOGRAM);
SetIndexDrawBegin(0, SlowEMA);
SetIndexDrawBegin(1, SlowEMA);
IndicatorShortName("ZeroLag MACD Colored (" + FastEMA + "," + SlowEMA + "," + SignalEMA + ")");
SetIndexLabel(0, "MACD");
SetIndexLabel(1, "Signal");
SetIndexLabel(5, "MACD");
SetIndexLabel(6, "MACD");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int limit;
double prev,current;
int counted_bars = IndicatorCounted();
if(counted_bars < 0)
return(-1);
if(counted_bars > 0)
counted_bars--;
limit = Bars - counted_bars;
double EMA, ZeroLagEMAp, ZeroLagEMAq;
for(int i = 0; i < limit; i++)
{
FastEMABuffer[i] = 100.0*iMA(NULL, 0, FastEMA, 0, MODE_EMA, PRICE_CLOSE, i);
SlowEMABuffer[i] = 100.0*iMA(NULL, 0, SlowEMA, 0, MODE_EMA, PRICE_CLOSE, i);
}
for(i = 0; i < limit; i++)
{
EMA = iMAOnArray(FastEMABuffer, Bars, FastEMA, 0, MODE_EMA, i);
ZeroLagEMAp = FastEMABuffer[i] + FastEMABuffer[i] - EMA;
EMA = iMAOnArray(SlowEMABuffer, Bars, SlowEMA, 0, MODE_EMA, i);
ZeroLagEMAq = SlowEMABuffer[i] + SlowEMABuffer[i] - EMA;
MACDBuffer[i] = ZeroLagEMAp - ZeroLagEMAq;
FastEMABuffer[i] = 0.0;
SlowEMABuffer[i] = 0.0;
}
for(i = 0; i < limit; i++)
SignalEMABuffer[i] = iMAOnArray(MACDBuffer, Bars, SignalEMA, 0, MODE_EMA, i);
for(i = 0; i < limit; i++)
{
EMA = iMAOnArray(SignalEMABuffer, Bars, SignalEMA, 0, MODE_EMA, i);
SignalBuffer[i] = SignalEMABuffer[i] + SignalEMABuffer[i] - EMA;
SignalEMABuffer[i] = 0.0;
}
//---- dispatch values between 2 buffers
bool up=true;
for(i=limit-1; i>=0; i--)
{
current=MACDBuffer[i];
prev=MACDBuffer[i+1];
if(current>0) up=true;
if(current<0) up=false;
if(!up)
{
Buffer2[i]=current;
Buffer1[i]=0.0;
}
else
{
Buffer1[i]=current;
Buffer2[i]=0.0;
}
}
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_NONE
Implements a curve of type DRAW_LINE
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: