/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
// Trend Manager.mq4
// Based on indicator sold at traderstradingsystem.com
#property indicator_chart_window
#property indicator_buffers 4
#property indicator_color1 Blue
#property indicator_color2 Red
#property indicator_color3 Aqua
#property indicator_color4 LawnGreen
// Divergence controls
extern double DVLimit=0.0007;
extern bool ShowMAs=false;
extern int Fast_TimeFrame=0;
extern int Fast_Period=23;
extern int Fast_Price = PRICE_OPEN;
extern int Fast_Mode = MODE_SMA;
extern int Fast_Shift=0;
extern int Slow_TimeFrame=0;
extern int Slow_Period=84;
extern int Slow_Price = PRICE_OPEN;
extern int Slow_Mode = MODE_SMA;
extern int Slow_Shift=0;
extern int BarCount=1500;
double SpanA_Buffer[];
double SpanB_Buffer[];
double ma1[];
double ma2[];
int tickcount=0;
int init()
{
// histogram defined by top and bottom buffer
// pos or neg from top buffer determines color
SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID);
SetIndexBuffer(0,SpanB_Buffer);
//SetIndexDrawBegin(0,TM_Period+TM_Shift-1);
//SetIndexLabel(0,"TM_Period+");
SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID);
SetIndexBuffer(1,SpanA_Buffer);
//SetIndexDrawBegin(1,TM_Period+TM_Shift-1);
//SetIndexLabel(1,"TM_Period");
SetIndexStyle(2,DRAW_LINE);
SetIndexBuffer(2,ma1);
SetIndexStyle(3,DRAW_LINE);
SetIndexBuffer(3,ma2);
}
int start()
{
int pos;
int iFileHandle;
double maF1, maF2, maS1, maS2;
double D;
for(pos=BarCount; pos>=0; pos--)
{
// Create Divergence stage one
maF1=iMA(Symbol(),Fast_TimeFrame,Fast_Period,Fast_Shift,Fast_Mode,Fast_Price,pos);
maS1=iMA(Symbol(),Slow_TimeFrame,Slow_Period,Slow_Shift,Slow_Mode,Slow_Price,pos);
D=maF1-maS1;
if( D >= DVLimit )
{
SpanA_Buffer[pos] = High[pos];
SpanB_Buffer[pos] = High[pos]+(D-DVLimit);
}
if( D <= (DVLimit*(-1)) )
{
SpanA_Buffer[pos] = Low[pos];
SpanB_Buffer[pos] = Low[pos]+(D-DVLimit);
}
if(ShowMAs)
{
ma1[pos]=maS1;
ma2[pos]=maF1;
}
} //for
} //start
Sample
Analysis
Market Information Used:
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Implements a curve of type DRAW_LINE
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: