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Harmonic Moving Average
//+------------------------------------------------------------------+
//| Harmonic Moving Average.mq5 |
//| Copyright 2024, Rosh Jardine |
//| https://www.mql5.com/en/users/roshjardine |
//+------------------------------------------------------------------+
#property copyright "Copyright 2024, Rosh Jardine"
#property link "https://www.mql5.com/en/users/roshjardine"
#property version "1.00"
#property indicator_chart_window
#property indicator_buffers 1
#property indicator_plots 1
//--- plot HMALine
#property indicator_label1 "HMALine"
#property indicator_type1 DRAW_LINE
#property indicator_color1 clrRed
#property indicator_style1 STYLE_SOLID
#property indicator_width1 1
input int InputHMAPeriod = 7;
input int InputHMAShift = 0;
input ENUM_APPLIED_PRICE InputAppliedPriceEnum = PRICE_CLOSE;
//--- indicator buffers
double HMALineBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int OnInit()
{
//--- indicator buffers mapping
SetIndexBuffer(0,HMALineBuffer,INDICATOR_DATA);
IndicatorSetInteger(INDICATOR_DIGITS,_Digits+1);
/*** setting values of the indicator that won't be visible on a chart ***/
PlotIndexSetDouble(0,PLOT_EMPTY_VALUE,EMPTY_VALUE);
PlotIndexSetInteger(0,PLOT_DRAW_BEGIN,InputHMAShift);
//--- line shifts when drawing
PlotIndexSetInteger(0,PLOT_SHIFT,InputHMAShift);
string short_name = "HMA-"+EnumToString(InputAppliedPriceEnum)+"("+IntegerToString(InputHMAPeriod)+")";
IndicatorSetString(INDICATOR_SHORTNAME,short_name);
return(INIT_SUCCEEDED);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total,
const int prev_calculated,
const datetime &time[],
const double &open[],
const double &high[],
const double &low[],
const double &close[],
const long &tick_volume[],
const long &volume[],
const int &spread[])
{
if (rates_total<=0) { return(0); }
if (prev_calculated<=0)
{
double rsd = 0.0;
for (int i=0; i<InputHMAPeriod; i++)
{
rsd += double(1/GET_APPLIED_PRICE(open[i],low[i],high[i],close[i]));
HMALineBuffer[i] = 0.0;
}
HMALineBuffer[InputHMAPeriod-1] = InputHMAPeriod/rsd;
for (int i=InputHMAPeriod; i<rates_total; i++)
{
double lrs = InputHMAPeriod/HMALineBuffer[i-1];
double vlfr = 1/GET_APPLIED_PRICE(open[i-InputHMAPeriod],low[i-InputHMAPeriod],high[i-InputHMAPeriod],close[i-InputHMAPeriod]);
HMALineBuffer[i] = InputHMAPeriod/(lrs-vlfr+(1/GET_APPLIED_PRICE(open[i],low[i],high[i],close[i])));
}
return(rates_total);
}
else
{
for (int i=prev_calculated; i<=rates_total-1; i++)
{
double lrs = double(InputHMAPeriod)/HMALineBuffer[i-1];
double vlfr = 1/GET_APPLIED_PRICE(open[i-InputHMAPeriod],low[i-InputHMAPeriod],high[i-InputHMAPeriod],close[i-InputHMAPeriod]);
HMALineBuffer[i] = InputHMAPeriod/(lrs-vlfr+(1/GET_APPLIED_PRICE(open[i],low[i],high[i],close[i])));
}
return(rates_total);
}
}
//+------------------------------------------------------------------+
double GET_APPLIED_PRICE(const double ParamOpenPriceDouble,const double ParamLowPriceDouble,
const double ParamHighPriceDouble,const double ParamClosePriceDouble)
{
//+----------------------------------------------------------------------------------------------------------------------------------------+
/*** close price as the default ***/
double PriceResultDouble = ParamClosePriceDouble;
int AppliedPriceInt = int(InputAppliedPriceEnum);
//+----------------------------------------------------------------------------------------------------------------------------------------+
switch(AppliedPriceInt)
{
case 1 : PriceResultDouble = ParamOpenPriceDouble; break;
case 2 : PriceResultDouble = ParamLowPriceDouble; break;
case 3 : PriceResultDouble = ParamHighPriceDouble; break;
case 4 : PriceResultDouble = ParamClosePriceDouble; break;
/*** Median price ***/
case 5 : PriceResultDouble = (ParamHighPriceDouble + ParamLowPriceDouble)/2; break;
/*** Typical price ***/
case 6 : PriceResultDouble = (ParamHighPriceDouble + ParamLowPriceDouble + ParamClosePriceDouble)/3; break;
/*** Weighted price ***/
default : PriceResultDouble = (ParamHighPriceDouble + ParamLowPriceDouble + ParamClosePriceDouble + ParamClosePriceDouble)/4; break;
}
return(PriceResultDouble);
}
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