//+------------------------------------------------------------------+ //| ADXdon.mq4 | //| Copyright © 2005, MetaQuotes Software Corp. | //| http://www.metaquotes.net | //+------------------------------------------------------------------+ #property copyright "Copyright © 2004, MetaQuotes Software Corp." #property link "http://www.metaquotes.net/" //---- #property indicator_separate_window #property indicator_buffers 3 #property indicator_color1 Green #property indicator_color2 Red #property indicator_color3 Black #property indicator_level1 20 //---- input parameters extern int ADXPeriod=14, DiPlusPeriod=34, DiMinusPeriod=34; //---- buffers double ADXBuffer[]; double PlusDiBuffer[]; double MinusDiBuffer[]; double PlusSdiBuffer[]; double MinusSdiBuffer[]; double TRBuffer[]; double TempBuffer[]; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- 3 additional buffers are used for counting. IndicatorBuffers(7); //---- indicator buffers SetIndexBuffer(0,ADXBuffer); SetIndexBuffer(1,PlusDiBuffer); SetIndexBuffer(2,MinusDiBuffer); SetIndexBuffer(3,PlusSdiBuffer); SetIndexBuffer(4,MinusSdiBuffer); SetIndexBuffer(5,TempBuffer); SetIndexBuffer(6, TRBuffer ); //---- name for DataWindow and indicator subwindow label IndicatorShortName("ADX("+ADXPeriod+", DI-: "+DiMinusPeriod+", DI+: "+DiPlusPeriod+")"); SetIndexLabel(0,"ADX"); SetIndexLabel(1,"+DI"); SetIndexLabel(2,"-DI"); //---- SetIndexDrawBegin(0,ADXPeriod); SetIndexDrawBegin(1,ADXPeriod); SetIndexDrawBegin(2,ADXPeriod); //---- return(0); } //+------------------------------------------------------------------+ //| Average Directional Movement Index | //+------------------------------------------------------------------+ int start() { double pdm,mdm,tr; double price_high,price_low; int starti,i,counted_bars=IndicatorCounted(); //---- //int limit=Bars-2; int limit=Bars-counted_bars; if(counted_bars>0) limit++; i=limit; starti=i; //---- while(i>=0) { price_low=Low[i]; price_high=High[i]; //---- pdm=0.0; mdm=0.0; if(price_high > High[i+1] ) pdm=price_high - High[i+1]; if(price_low < Low[i+1] ) mdm=Low[i+1] - price_low; if(pdm < mdm ) pdm=0.0; else if(mdm < pdm ) mdm=0.0; //---- absolute true range double num1=MathAbs(price_high-price_low); double num2=MathAbs(price_high-Close[i+1]); double num3=MathAbs(price_low-Close[i+1]); tr=MathMax(num1,num2); tr=MathMax(tr,num3); //---- counting plus/minus direction PlusSdiBuffer[i]=pdm; MinusSdiBuffer[i]=mdm; TRBuffer[i]=tr; //---- i--; } //---- apply EMA to +DI for(i=0; i<limit; i++) { //---- apply EMA to TR TRBuffer[i]=iMAOnArray(TRBuffer,0,ADXPeriod,0,MODE_EMA,i); PlusDiBuffer[i]=PlusDiBuffer[i+1]; MinusDiBuffer[i]=MinusDiBuffer[i+1]; if(TRBuffer[i]!=0){ PlusDiBuffer[i]=iMAOnArray(PlusSdiBuffer,Bars,DiPlusPeriod,0,MODE_EMA,i)/TRBuffer[i]; //---- apply EMA to -DI MinusDiBuffer[i]=iMAOnArray(MinusSdiBuffer,Bars,DiMinusPeriod,0,MODE_EMA,i)/TRBuffer[i]; } } //---- Directional Movement (DX) i=Bars-2; //TempBuffer[i+1]=0; i=starti; while(i>=0) { double div=MathAbs(PlusDiBuffer[i]+MinusDiBuffer[i]); if(div==0.00) TempBuffer[i]=TempBuffer[i+1]; else TempBuffer[i]=MathAbs(PlusDiBuffer[i]-MinusDiBuffer[i])/div; i--; } //---- ADX is exponential moving average on DX for(i=0; i<limit; i++) { ADXBuffer[i]=iMAOnArray(TempBuffer,0,ADXPeriod,0,MODE_EMA,i) * 100.0; PlusDiBuffer[i]=PlusDiBuffer[i] * 100.0; MinusDiBuffer[i]=MinusDiBuffer[i] * 100.0; } //---- return(0); } //+------------------------------------------ //+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains the lowest prices of each bar
Series array that contains the highest prices of each bar
Series array that contains close prices for each bar
Indicator Curves created:
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Other Features: