ADX Smoothed





//+------------------------------------------------------------------+
//|                                                 ADX Smoothed.mq4 |
//|                      Copyright © 2007, MetaQuotes Software Corp. |
//|                                        http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, MetaQuotes Software Corp."
#property link      "http://www.metaquotes.net"
 
#property indicator_separate_window
#property indicator_buffers 3
#property indicator_color1 Lime
#property indicator_color2 Wheat
#property indicator_color3 Crimson
#property indicator_level1 25
//---- input parameters
extern int       per=8;
extern double    alpha1=0.25;
extern double    alpha2=0.33;
extern int       PriceType=0;
//---- buffers
double DiPlusFinal[];
double DiMinusFinal[];
double ADXFinal[];
double DIPlusLead[];
double DIMinusLead[];
double ADXLead[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   IndicatorBuffers(6);
   SetIndexStyle(0,DRAW_LINE);
   SetIndexBuffer(0,DiPlusFinal);
   SetIndexLabel(0,"Di Plus");
   
   SetIndexStyle(1,DRAW_LINE);
   SetIndexBuffer(1,DiMinusFinal);
   SetIndexLabel(1,"Di Minus");
 
   SetIndexStyle(2,DRAW_LINE);
   SetIndexBuffer(2,ADXFinal);
   SetIndexLabel(2,"ADX");
   
   SetIndexBuffer(3,DIPlusLead);
   SetIndexBuffer(4,DIMinusLead);
   SetIndexBuffer(5,ADXLead);
   
   IndicatorDigits(2);
   IndicatorShortName("ADX("+per+")smothed");
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//----
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   int    counted_bars=IndicatorCounted();
   int i,k,limit;
   double DIPlus, DIMinus, ADX, DIPlus1, DIMinus1, ADX1;
//----
   if (counted_bars==0) limit=Bars-per-1;
   if (counted_bars>0)  limit=Bars-counted_bars;
 
   for (i=limit;i>=0;i--)
     {
      DIPlus=iADX(NULL,0,per,PriceType,MODE_PLUSDI,i);
      DIMinus=iADX(NULL,0,per,PriceType,MODE_MINUSDI,i);
      ADX=iADX(NULL,0,per,PriceType,MODE_MAIN,i);
      DIPlus1=iADX(NULL,0,per,PriceType,MODE_PLUSDI,i+1);
      DIMinus1=iADX(NULL,0,per,PriceType,MODE_MINUSDI,i+1);
      ADX1=iADX(NULL,0,per,PriceType,MODE_MAIN,i+1);
     
      DIPlusLead[i]=2*DIPlus + (alpha1 - 2) * DIPlus1 + (1 - alpha1) * DIPlusLead[i+1];
      DIMinusLead[i] = 2*DIMinus + (alpha1 - 2) * DIMinus1 + (1 - alpha1) * DIMinusLead[i+1];
      ADXLead[i] = 2*ADX + (alpha1 - 2) * ADX1 + (1 - alpha1) * ADXLead[i+1];
     }   
   for (i=limit;i>=0;i--)
     {
      DiPlusFinal[i] = alpha2*DIPlusLead[i] + (1 - alpha2) * DiPlusFinal[i+1];
      DiMinusFinal[i] = alpha2*DIMinusLead[i] + (1 - alpha2) * DiMinusFinal[i+1];
      ADXFinal[i] = alpha2*ADXLead[i] + (1 - alpha2) * ADXFinal[i+1];
     }   
   
//----
   return(0);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:



Indicator Curves created:

Implements a curve of type DRAW_LINE


Indicators Used:

Movement directional index


Custom Indicators Used:

Order Management characteristics:

Other Features: