//+------------------------------------------------------------------+
//| DoubleCCI.mq4 |
//| Copyright © 2005, Jason Robinson (jnrtrading). |
//| http://www.jnrtrading.co.uk |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, Jason Robinson (jnrtrading)."
#property link "http://www.jnrtrading.co.uk"
#property indicator_separate_window
#property indicator_buffers 7
#property indicator_color1 Green
#property indicator_color2 Violet
#property indicator_color3 Blue
#property indicator_color4 Gold
#property indicator_color5 Black
#property indicator_color6 Red
#property indicator_color7 Black
//#property indicator_levelcolor Black
//#property indicator_level1 200
//#property indicator_level2 100
//#property indicator_level3 -100
//#property indicator_level4 -200
SetLevelStyle(2,1,Black);
SetLevelValue(0,200);
SetLevelValue(1,100);
SetLevelValue(2,-100);
SetLevelValue(3,-200);
//SetLevelValue(4,0);
//---- input parameters
extern int TrendCCI_Period = 14;
extern int EntryCCI_Period = 6;
extern bool Zero_Cross_Alert = false;
extern bool Automatic_Timeframe_Setting = false;
extern int M1_TrendCCI_Period = 14;
extern int M1_EntryCCI_Period = 6;
extern int M5_TrendCCI_Period = 14;
extern int M5_EntryCCI_Period = 6;
extern int M15_TrendCCI_Period = 14;
extern int M15_EntryCCI_Period = 6;
extern int M30_TrendCCI_Period = 14;
extern int M30_EntryCCI_Period = 6;
extern int H1_TrendCCI_Period = 14;
extern int H1_EntryCCI_Period = 6;
extern int H4_TrendCCI_Period = 14;
extern int H4_EntryCCI_Period = 6;
extern int D1_TrendCCI_Period = 14;
extern int D1_EntryCCI_Period = 6;
extern int W1_TrendCCI_Period = 14;
extern int W1_EntryCCI_Period = 6;
extern int MN_TrendCCI_Period = 14;
extern int MN_EntryCCI_Period = 6;
double TrendCCI[];
double EntryCCI[];
double CCITrendUp[];
double CCITrendDown[];
double CCINoTrend[];
double CCITimeBar[];
double ZeroLine[];
int trendUp, trendDown;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init() {
//---- indicators
SetIndexStyle(0, DRAW_HISTOGRAM, 0, 2);
SetIndexBuffer(0, CCITrendUp);
SetIndexStyle(1, DRAW_HISTOGRAM, 0, 2);
SetIndexBuffer(1, CCITrendDown);
SetIndexStyle(2, DRAW_HISTOGRAM, 0, 1);
SetIndexBuffer(2, CCINoTrend);
SetIndexStyle(3, DRAW_HISTOGRAM, 0, 3);
SetIndexBuffer(3, CCITimeBar);
SetIndexStyle(4, DRAW_LINE, STYLE_SOLID, 2);
SetIndexBuffer(4, TrendCCI);
SetIndexLabel(4, "TrendCCI");
SetIndexStyle(5, DRAW_LINE, STYLE_SOLID, 2);
SetIndexBuffer(5, EntryCCI);
SetIndexLabel(5, "EntryCCI");
SetIndexStyle(6, DRAW_LINE, 0, 1);
SetIndexBuffer(6, ZeroLine);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start() {
int limit, i, trendCCI, entryCCI;
int counted_bars = IndicatorCounted();
static datetime prevtime = 0;
//---- check for possible errors
if(counted_bars < 0) return(-1);
//---- last counted bar will be recounted
if(counted_bars > 0) counted_bars--;
limit=Bars;//-counted_bars;
if (Automatic_Timeframe_Setting == true) {
switch(Period()) {
case 1: trendCCI = M1_TrendCCI_Period; entryCCI = M1_EntryCCI_Period; break;
case 5: trendCCI = M5_TrendCCI_Period; entryCCI = M5_EntryCCI_Period; break;
case 15: trendCCI = M15_TrendCCI_Period; entryCCI = M15_EntryCCI_Period; break;
case 30: trendCCI = M30_TrendCCI_Period; entryCCI = M30_EntryCCI_Period; break;
case 60: trendCCI = H1_TrendCCI_Period; entryCCI = H1_EntryCCI_Period; break;
case 240: trendCCI = H4_TrendCCI_Period; entryCCI = H4_EntryCCI_Period; break;
case 1440: trendCCI = D1_TrendCCI_Period; entryCCI = D1_EntryCCI_Period; break;
case 10080: trendCCI = W1_TrendCCI_Period; entryCCI = W1_EntryCCI_Period; break;
case 43200: trendCCI = MN_TrendCCI_Period; entryCCI = MN_EntryCCI_Period; break;
}
}
else {
trendCCI = TrendCCI_Period;
entryCCI = EntryCCI_Period;
}
IndicatorShortName("(TrendCCI: " + trendCCI + ", EntryCCI: " + entryCCI + ") ");
for(i = limit; i >= 0; i--) {
CCINoTrend[i] = 0;
CCITrendDown[i] = 0;
CCITimeBar[i] = 0;
CCITrendUp[i] = 0;
ZeroLine[i] = 0;
TrendCCI[i] = iCCI(NULL, 0, trendCCI, PRICE_TYPICAL, i);
EntryCCI[i] = iCCI(NULL, 0, entryCCI, PRICE_TYPICAL, i);
if(TrendCCI[i] > 0 && TrendCCI[i+1] < 0) {
if (trendDown > 4) trendUp = 0;
}
if (TrendCCI[i] > 0) {
if (trendUp < 5){
CCINoTrend[i] = TrendCCI[i];
trendUp++;
}
if (trendUp == 5) {
CCITimeBar[i] = TrendCCI[i];
trendUp++;
}
if (trendUp > 5) {
CCITrendUp[i] = TrendCCI[i];
}
}
if(TrendCCI[i] < 0 && TrendCCI[i+1] > 0) {
if (trendUp > 4) trendDown = 0;
}
if (TrendCCI[i] < 0) {
if (trendDown < 5){
CCINoTrend[i] = TrendCCI[i];
trendDown++;
}
if (trendDown == 5) {
CCITimeBar[i] = TrendCCI[i];
trendDown++;
}
if (trendDown > 5) {
CCITrendDown[i] = TrendCCI[i];
}
}
}
if (Zero_Cross_Alert == true) {
if (prevtime == Time[0]) {
return(0);
}
else {
//rangebound trend: to sell overbought
if((TrendCCI[0] <-120) && (TrendCCI[1] >-100))
Alert(Symbol(), " M", Period(), "CCI has signaled a POSSIBLE REVERSAl to BUY.");
//rangebound trend: to buy oversold
else if((TrendCCI[0] > 120) && (TrendCCI[1] < 100))
Alert(Symbol(), " M", Period(), "CCI has signaled a POSSIBLE REVERSAl to SELL.");
//trendy Market: buy high; sell even higher!
else if((EntryCCI[0] > 0) && (EntryCCI[1] > 50) && (TrendCCI[0] <0) && (TrendCCI[1] >0))
Alert(Symbol(), " M", Period(), "CCI has signaled a POSSIBLE MOMENTUM BUY.");
//trendy Market: sell low; buy even lower!
else if((EntryCCI[0] < 0) && (EntryCCI[1] <-50) && (TrendCCI[0] >0) && (TrendCCI[1] <0))
Alert(Symbol(), " M", Period(), "CCI has signaled a POSSIBLE MOMENTUM SELL.");
}
prevtime = Time[0];
}
}
//----
//----
return(0);
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Implements a curve of type DRAW_LINE
Indicators Used:
Commodity channel index
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen