//+------------------------------------------------------------------+
//| Juice.mq4 |
//+------------------------------------------------------------------+
#property copyright ""
#property link ""
//---- indicator settings
#property indicator_separate_window
#property indicator_buffers 5
#property indicator_color1 Olive
#property indicator_color2 FireBrick
#property indicator_color3 Orange
#property indicator_color4 Pink
#property indicator_color5 Magenta
//---- indicator parameters
extern int Length=7;
extern double Ks=1.5; //multiplier times avg of stdev over the # of CalcBars
extern int CalcBars=96; //put zero if want to calculate on all bars
extern int Advance = 70;
//---- indicator buffers
//---- indicator buffers
double GoodJuice[];
double SoSoJuice[];
double BadJuice[];
double SoSoLine[];
double GoodLine[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- drawing settings
SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexStyle(2,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexStyle(3,DRAW_LINE,STYLE_DOT,1);
SetIndexStyle(4,DRAW_LINE,STYLE_DOT,1);
//---- indicator buffers mapping
SetIndexBuffer(0,GoodJuice);
SetIndexBuffer(1,SoSoJuice);
SetIndexBuffer(2,BadJuice);
SetIndexBuffer(3,SoSoLine);
SetIndexBuffer(4,GoodLine);
//---- name for DataWindow and indicator subwindow label
IndicatorShortName("Juice mod v1 ("+Length+","+Ks+")");
SetIndexShift (1, Advance);
//---- initialization done
SetIndexEmptyValue(0,0);
SetIndexEmptyValue(1,0);
SetIndexEmptyValue(2,0);
SetIndexEmptyValue(3,0);
SetIndexEmptyValue(4,0);
return(0);
}
//+------------------------------------------------------------------+
//| Juice_mod_v1.2 |
//+------------------------------------------------------------------+
int start()
{
int i;
//---- main loop
double sum=0;
if (CalcBars==0) int NBars=Bars-Length; else NBars=CalcBars;
for(i=1; i<=NBars; i++) sum+=iStdDev(NULL,0,Length,MODE_LWMA,0,PRICE_CLOSE,i);
double avg=sum/NBars;
for(i=Bars-Length-1; i>=0; i--)
{
double Juice=iStdDev(NULL,0,Length,MODE_LWMA,0,PRICE_CLOSE,i);
SoSoLine[i]=avg/Point;
GoodLine[i]=(Ks*avg)/Point;
if((Juice/Point)>=GoodLine[i]){
GoodJuice[i]=Juice/Point;
BadJuice[i]=0;
SoSoJuice[i]=0;
}
if((Juice/Point)<GoodLine[i] && (Juice/Point)>=SoSoLine[i]){
GoodJuice[i]=0;
BadJuice[i]=0;
SoSoJuice[i]=Juice/Point;
}
if((Juice/Point)<SoSoLine[i]){
GoodJuice[i]=0;
BadJuice[i]=Juice/Point;
SoSoJuice[i]=0;
}
}
//---- done
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Implements a curve of type DRAW_LINE
Indicators Used:
Standard Deviation indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: