Traders_Dynamic_Index_Visual_Alerts_sound
Download script
Overview
The Traders Dynamic Index (TDI) is a multi-faceted technical analysis tool designed to provide a comprehensive overview of market behavior. Rather than relying on a single metric, it combines several different types of data—specifically trend direction, market strength, and volatility—into one visual display. It is designed to help traders distinguish between active trending markets and stagnant, sideways price action.
Key Visual Components
The indicator uses a color-coded system to communicate different layers of market information:
- Price and Signal Lines (Green and Red): These represent the core movement of the price. The Green line tracks the primary price action (RSI Price), while the Red line acts as a "signal" or smoothed average. By observing whether the Green line is above or below the Red line, traders can quickly identify the immediate direction of the market.
- Market Base Line (Yellow): This serves as a central equilibrium point. It helps define the general trend; typically, when price stays between specific boundaries (32 and 68), the Yellow line indicates whether the primary bias is moving upward or downward.
- Volatility Bands (Blue): These lines represent the "expansion" and "contraction" of the market. They behave similarly to a corridor: when they widen, it signifies high volatility and a strong trend; when they tighten significantly, it suggests the market is in a narrow range or may be preparing for a significant price spike.
Logic and Trading Dynamics
The indicator categorizes market conditions into three main categories to assist with decision-making:
1. Trend Identification
- Immediate Trend: Determined by the relationship between the Green and Red lines. If Green is above Red, the immediate momentum is bullish (upward). If Red is above Green, the momentum is bearish (downward).
- Overall Trend: Tracked by the Yellow Market Base Line. Traders look for "reversals" when this line bounces off the 32 or 68 levels. Generally, positions are favored in the direction of the Yellow line's movement relative to these boundaries.
2. Market Strength and Volatility
- The script calculates market intensity by analyzing the slope of the Green line (steepness indicates strength) and the distance between the Blue Volatility Bands.
- A key feature is "Consolidation" detection: if the space between the Blue lines becomes extremely narrow, the tool flags the market as sideways, suggesting that traders should be cautious of low-movement periods.
3. Signal Logic The script includes specific internal logic to provide automated visual labels (such as "Strong Buy," "Weak Sell," or "Caution") based on the following interactions:
- Scalping: Simple crossovers between the Green and Red lines.
- Active/Moderate Trading: Requires the price action to align with the Yellow Market Base Line and specific "Zone" thresholds.
- Exit Cues: The logic provides instructions for exiting trades when the Green line crosses back over the Red line or interacts with the Blue Volatility Bands, helping traders capture profits before a trend exhausts.
Summary for the User
In short, this script acts as a market "dashboard." It tells you not just which way the price is going, but how much energy is behind that movement and whether the market is currently stable enough to trade comfortably or if it is becoming too volatile/choppy.
Indicators Used
Miscellaneous
15
Views
0
Downloads
0
Favorites
Traders_Dynamic_Index_Visual_Alerts_sound
//+------------------------------------------------------------------+
//| Traders Dynamic Index.mq4 |
//| Copyright © 2006, Dean Malone |
//| www.compassfx.com |
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
//| |
//| Traders Dynamic Index |
//| |
//| This hybrid indicator is developed to assist traders in their |
//| ability to decipher and monitor market conditions related to |
//| trend direction, market strength, and market volatility. |
//| |
//| Even though comprehensive, the T.D.I. is easy to read and use. |
//| |
//| Green line = RSI Price line |
//| Red line = Trade Signal line |
//| Blue lines = Volatility Band |
//| Yellow line = Market Base Line |
//| |
//| Trend Direction - Immediate and Overall |
//| Immediate = Green over Red...price action is moving up. |
//| Red over Green...price action is moving down. |
//| |
//| Overall = Yellow line trends up and down generally between the |
//| lines 32 & 68. Watch for Yellow line to bounces off |
//| these lines for market reversal. Trade long when |
//| price is above the Yellow line, and trade short when |
//| price is below. |
//| |
//| Market Strength & Volatility - Immediate and Overall |
//| Immediate = Green Line - Strong = Steep slope up or down. |
//| Weak = Moderate to Flat slope. |
//| |
//| Overall = Blue Lines - When expanding, market is strong and |
//| trending. When constricting, market is weak and |
//| in a range. When the Blue lines are extremely tight |
//| in a narrow range, expect an economic announcement |
//| or other market condition to spike the market. |
//| |
//| |
//| Entry conditions |
//| Scalping - Long = Green over Red, Short = Red over Green |
//| Active - Long = Green over Red & Yellow lines |
//| Short = Red over Green & Yellow lines |
//| Moderate - Long = Green over Red, Yellow, & 50 lines |
//| Short= Red over Green, Green below Yellow & 50 line|
//| |
//| Exit conditions* |
//| Long = Green crosses below Red |
//| Short = Green crosses above Red |
//| * If Green crosses either Blue lines, consider exiting when |
//| when the Green line crosses back over the Blue line. |
//| |
//| |
//| IMPORTANT: The default settings are well tested and proven. |
//| But, you can change the settings to fit your |
//| trading style. |
//| |
//| Price & Line Type settings: |
//| RSI Price settings |
//| 0 = Close price [DEFAULT] |
//| 1 = Open price. |
//| 2 = High price. |
//| 3 = Low price. |
//| 4 = Median price, (high+low)/2. |
//| 5 = Typical price, (high+low+close)/3. |
//| 6 = Weighted close price, (high+low+close+close)/4. |
//| |
//| RSI Price Line & Signal Line Type settings |
//| 0 = Simple moving average [DEFAULT] |
//| 1 = Exponential moving average |
//| 2 = Smoothed moving average |
//| 3 = Linear weighted moving average |
//| |
//| Good trading, |
//| |
//| Dean |
//+------------------------------------------------------------------+
#property indicator_separate_window
#property indicator_buffers 7
//----
#property indicator_color1 Black
#property indicator_color2 MediumBlue
#property indicator_color3 Yellow
#property indicator_color4 MediumBlue
#property indicator_color5 Green
#property indicator_color6 Red
#property indicator_color7 Aqua
#property indicator_style7 2
//#property indicator_maximum 85
//#property indicator_minimum 15
extern bool Show_VISUAL_Alerts=true;
extern bool SoundON=true;
extern int SHIFT_Sideway=0;
extern int SHIFT_Up_Down=0;
extern int RSI_Period=13; //8-25
extern int RSI_Price=0; //0-6
extern int Volatility_Band=34; //20-40
extern int RSI_Price_Line=2;
extern int RSI_Price_Type=0; //0-3
extern int Trade_Signal_Line=7;
extern bool SHOW_Trade_Signal_Line2=true;
extern int Trade_Signal_Line2=18;
extern int Trade_Signal_Type=0; //0-3
//----
#define UPPERLINE "UPPERLINE"
#define MEDLINE "MEDLINE"
#define LOWERLINE "LOWERLINE"
//----
double RSIBuf[],UpZone[],MdZone[],DnZone[],MaBuf[],MbBuf[],McBuf[];
double alertTag;
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int init()
{
IndicatorShortName("Traders Dynamic Index Visual");
SetIndexBuffer(0,RSIBuf);
SetIndexBuffer(1,UpZone);
SetIndexBuffer(2,MdZone);
SetIndexBuffer(3,DnZone);
SetIndexBuffer(4,MaBuf);
SetIndexBuffer(5,MbBuf);
//----
if(SHOW_Trade_Signal_Line2 ==true){SHOW_Trade_Signal_Line2=DRAW_LINE; }
else {SHOW_Trade_Signal_Line2=DRAW_NONE; }
SetIndexStyle(6,SHOW_Trade_Signal_Line2);
SetIndexBuffer(6,McBuf);
//
SetIndexStyle(0,DRAW_NONE);
SetIndexStyle(1,DRAW_LINE);
SetIndexStyle(2,DRAW_LINE,0,2);
SetIndexStyle(3,DRAW_LINE);
SetIndexStyle(4,DRAW_LINE,0,2);
SetIndexStyle(5,DRAW_LINE,0,1);
//
SetIndexLabel(0,NULL);
SetIndexLabel(1,"VB High");
SetIndexLabel(2,"Market Base Line");
SetIndexLabel(3,"VB Low");
SetIndexLabel(4,"RSI Price Line");
SetIndexLabel(5,"Trade Signal Line");
SetIndexLabel(6,"Trade Signal2 Line");
/* SetLevelValue(0,50);
SetLevelValue(1,68);
SetLevelValue(2,32);
SetLevelStyle(STYLE_DOT,1,DarkSlateGray);*/
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int deinit()
{
ObjectsDeleteAll(0,OBJ_TREND);
ObjectDelete("TDI_SIG");ObjectDelete("TDI_SIG1");ObjectDelete("TDI_SIG2");
ObjectDelete("TDI_SIG3");ObjectDelete("TDI_SIG4");ObjectDelete("TDI_SIG5");
ObjectDelete("TDI_SIG6");ObjectDelete("TDI_SIG7");ObjectDelete("TDI_SIG8");
ObjectDelete("TDI_SIG9");
//----
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int start()
{
CreateLEVEL();
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void Createline(string objName, double start, double end, color clr)
{
ObjectCreate(objName, OBJ_TREND,WindowFind("Traders Dynamic Index Visual"),0, start, Time[0], end);
ObjectSet(objName, OBJPROP_COLOR, clr);
ObjectSet(objName, OBJPROP_STYLE, 2);
ObjectSet(objName, OBJPROP_RAY, false);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void DeleteCreateline()
{
ObjectDelete(UPPERLINE);ObjectDelete(LOWERLINE);ObjectDelete(MEDLINE);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void CreateLEVEL()
{
DeleteCreateline();
Createline(UPPERLINE, 68, 68,C'70,70,70');
Createline(LOWERLINE, 50, 50,C'00,70,00');
Createline(MEDLINE, 32, 32,C'70,70,70');
//----
double MA,RSI[];
ArrayResize(RSI,Volatility_Band);
int counted_bars=IndicatorCounted();
int limit=Bars-counted_bars-1;
for(int i=limit; i>=0; i--)
{
RSIBuf[i]=(iRSI(NULL,0,RSI_Period,RSI_Price,i));
MA=0;
for(int x=i; x<i+Volatility_Band; x++)
{
RSI[x-i]=RSIBuf[x];
MA+=RSIBuf[x]/Volatility_Band;
}
UpZone[i]=(MA + (1.6185 * StDev(RSI,Volatility_Band)));
DnZone[i]=(MA - (1.6185 * StDev(RSI,Volatility_Band)));
MdZone[i]=((UpZone[i] + DnZone[i])/2);
}
for(i=limit-1;i>=0;i--)
{
MaBuf[i]=(iMAOnArray(RSIBuf,0,RSI_Price_Line,0,RSI_Price_Type,i));
MbBuf[i]=(iMAOnArray(RSIBuf,0,Trade_Signal_Line,0,Trade_Signal_Type,i));
McBuf[i]=(iMAOnArray(RSIBuf,0,Trade_Signal_Line2,0,Trade_Signal_Type,i));
//----
string Signal="", Signal2="",Signal2A="", Signal3="",Signal4="",Signal5="";
color TDI_col,TDI_col2,TDI_col3,TDI_col4;
if(Show_VISUAL_Alerts==true)
{
static double crossPrice;
int crossDirection;crossDirection =0;
//signals
if((MaBuf[0]>MbBuf[0])&&(MbBuf[0]<MdZone[0])&&(MaBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal="?";TDI_col=SeaGreen;}
if((MaBuf[0]>MbBuf[0])&&(MbBuf[0]<MdZone[0])&&(MaBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2A="Weak Buy";TDI_col2=SeaGreen;}
if((MaBuf[0]>MbBuf[0])&&(MbBuf[0]<MdZone[0])&&(MaBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2=" @ "+DoubleToStr(crossPrice,Digits)+"";TDI_col2=SeaGreen;}
if((MaBuf[0]>MbBuf[0])&&(MbBuf[0]<MdZone[0])&&(MaBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){crossPrice=Bid;crossDirection =2;}
//
if((MaBuf[0]<MbBuf[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal="?";TDI_col=Orange;}
if((MaBuf[0]<MbBuf[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2A="Weak Sell";TDI_col2=Orange;}
if((MaBuf[0]<MbBuf[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2=" @ "+DoubleToStr(crossPrice,Digits)+"";TDI_col2=Orange;}
if((MaBuf[0]<MbBuf[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){crossPrice=Bid;crossDirection =1;}
//
if((MaBuf[0]>MbBuf[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal="?";TDI_col=Lime;}
if((MaBuf[0]>MbBuf[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2A="Strong Buy";TDI_col2=Lime;}
if((MaBuf[0]>MbBuf[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2=" @ "+DoubleToStr(crossPrice,Digits)+"";TDI_col2=Lime;}
if((MaBuf[0]>MbBuf[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){crossPrice=Bid;crossDirection =2;}
if((SoundON==true && MaBuf[0]>MbBuf[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68 && alertTag!=Time[0])){
Alert("Strong buy on ",Symbol()," ",Period());alertTag = Time[0];}
//
if((MaBuf[0]>MbBuf[0])&&(MaBuf[0]> MdZone[0])&&(MbBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2A="Medium Buy";TDI_col2=Green;}
if((MaBuf[0]>MbBuf[0])&&(MaBuf[0]> MdZone[0])&&(MbBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2=" @ "+DoubleToStr(crossPrice,Digits)+"";TDI_col2=Green;}
if((MaBuf[0]>MbBuf[0])&&(MaBuf[0]> MdZone[0])&&(MbBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal5="?";TDI_col2=Green;}
if((MaBuf[0]>MbBuf[0])&&(MaBuf[0]> MdZone[0])&&(MbBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){crossPrice=Bid;crossDirection =2;}
//
if((MaBuf[0]<MbBuf[0])&&(MbBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal="?";TDI_col=Red;}
if((MaBuf[0]<MbBuf[0])&&(MbBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2A="Strong Sell";TDI_col2=Red;}
if((MaBuf[0]<MbBuf[0])&&(MbBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2=" @ "+DoubleToStr(crossPrice,Digits)+"";TDI_col2=Red;}
if((MaBuf[0]<MbBuf[0])&&(MbBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){crossPrice=Bid;crossDirection =1;}
if((SoundON==true && MaBuf[0]<MbBuf[0])&&(MbBuf[0]< MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68 && alertTag!=Time[0])){
Alert("Strong sell on ",Symbol()," ",Period());alertTag = Time[0];}
//
if((MaBuf[0]<MbBuf[0])&&(MaBuf[0]< MdZone[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2A="Medium Sell";TDI_col2=Tomato;}
if((MaBuf[0]<MbBuf[0])&&(MaBuf[0]< MdZone[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal2=" @ "+DoubleToStr(crossPrice,Digits)+"";TDI_col2=Tomato;}
if((MaBuf[0]<MbBuf[0])&&(MaBuf[0]< MdZone[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){Signal5="?";TDI_col2=Tomato;}
if((MaBuf[0]<MbBuf[0])&&(MaBuf[0]< MdZone[0])&&(MbBuf[0]> MdZone[0])&&(MaBuf[0]>32)&&(MaBuf[0]<68)){crossPrice=Bid;crossDirection =1;}
// reversals
if(MaBuf[0]>=68){Signal="?";TDI_col=Red;}
if(MaBuf[0]>=68){crossPrice=Bid;crossDirection =2;}
if(MaBuf[0]>=68){Signal2A="Caution !";TDI_col2=Red;}
if(MaBuf[0]>=68){Signal2=" @ "+DoubleToStr(crossPrice,Digits)+"";TDI_col2=Red;}
if(MaBuf[0]<=32){Signal="?";TDI_col=Red;}
if(MaBuf[0]<=32){crossPrice=Bid;crossDirection =1;}
if(MaBuf[0]<=32){Signal2A="Caution !";TDI_col2=Red;}
if(MaBuf[0]<=32){Signal2=" @ "+DoubleToStr(crossPrice,Digits)+"";TDI_col2=Red;}
//trend
if(MbBuf[0]>MdZone[0]){Signal3="?";TDI_col3=Lime;}
if((MbBuf[0]<MdZone[0])&&(MaBuf[0]>MdZone[0])){Signal3="?";TDI_col3=Orange;}
if(MbBuf[0]<MdZone[0]){Signal3="?";TDI_col3=Red;}
if((MbBuf[0]>MdZone[0])&&(MaBuf[0]<MdZone[0])){Signal3="?";TDI_col3=Green;}
//ranging
if(UpZone[0]-DnZone[i]<20){Signal4="Consolidation";TDI_col4=Silver;}
ObjectDelete("TDI_SIG");
ObjectCreate("TDI_SIG", OBJ_LABEL,WindowFind("Traders Dynamic Index Visual"), 0, 0);
ObjectSetText("TDI_SIG",Signal, 25, "Wingdings",TDI_col );
ObjectSet("TDI_SIG", OBJPROP_CORNER, 1);
ObjectSet("TDI_SIG", OBJPROP_XDISTANCE, 80+SHIFT_Sideway);
ObjectSet("TDI_SIG", OBJPROP_YDISTANCE, 20+SHIFT_Up_Down);
//
ObjectDelete("TDI_SIG1");
ObjectCreate("TDI_SIG1", OBJ_LABEL,WindowFind("Traders Dynamic Index Visual"), 0, 0);
ObjectSetText("TDI_SIG1",Signal2, 15, "Tahoma Narrow",TDI_col2);
ObjectSet("TDI_SIG1", OBJPROP_CORNER, 1);
ObjectSet("TDI_SIG1", OBJPROP_XDISTANCE, 120+SHIFT_Sideway);
ObjectSet("TDI_SIG1", OBJPROP_YDISTANCE, 30+SHIFT_Up_Down);
//
ObjectDelete("TDI_SIG2");
ObjectCreate("TDI_SIG2", OBJ_LABEL,WindowFind("Traders Dynamic Index Visual"), 0, 0);
ObjectSetText("TDI_SIG2",Signal2A, 15, "Tahoma Narrow",TDI_col2);
ObjectSet("TDI_SIG2", OBJPROP_CORNER, 1);
ObjectSet("TDI_SIG2", OBJPROP_XDISTANCE, 120+SHIFT_Sideway);
ObjectSet("TDI_SIG2", OBJPROP_YDISTANCE, 10+SHIFT_Up_Down);
//
ObjectDelete("TDI_SIG3");
ObjectCreate("TDI_SIG3", OBJ_LABEL,WindowFind("Traders Dynamic Index Visual"), 0, 0);
ObjectSetText("TDI_SIG3",Signal5, 25, "Wingdings",TDI_col2 );
ObjectSet("TDI_SIG3", OBJPROP_CORNER, 1);
ObjectSet("TDI_SIG3", OBJPROP_XDISTANCE, 80+SHIFT_Sideway);
ObjectSet("TDI_SIG3", OBJPROP_YDISTANCE, 20+SHIFT_Up_Down);
//
ObjectDelete("TDI_SIG4");
ObjectCreate("TDI_SIG4", OBJ_LABEL,WindowFind("Traders Dynamic Index Visual"), 0, 0);
ObjectSetText("TDI_SIG4",Signal3, 25, "Wingdings",TDI_col3 );
ObjectSet("TDI_SIG4", OBJPROP_CORNER, 1);
ObjectSet("TDI_SIG4", OBJPROP_XDISTANCE, 80+SHIFT_Sideway);
ObjectSet("TDI_SIG4", OBJPROP_YDISTANCE, 55+SHIFT_Up_Down);
//
ObjectDelete("TDI_SIG5");
ObjectCreate("TDI_SIG5", OBJ_LABEL,WindowFind("Traders Dynamic Index Visual"), 0, 0);
ObjectSetText("TDI_SIG5","TDI Trend", 15, "Tahoma Narrow",TDI_col3 );
ObjectSet("TDI_SIG5", OBJPROP_CORNER, 1);
ObjectSet("TDI_SIG5", OBJPROP_XDISTANCE, 120+SHIFT_Sideway);
ObjectSet("TDI_SIG5", OBJPROP_YDISTANCE, 60+SHIFT_Up_Down);
//
ObjectDelete("TDI_SIG6");
ObjectCreate("TDI_SIG6", OBJ_LABEL,WindowFind("Traders Dynamic Index Visual"), 0, 0);
ObjectSetText("TDI_SIG6",Signal4, 15, "Tahoma Narrow",TDI_col4 );
ObjectSet("TDI_SIG6", OBJPROP_CORNER, 1);
ObjectSet("TDI_SIG6", OBJPROP_XDISTANCE, 100+SHIFT_Sideway);
ObjectSet("TDI_SIG6", OBJPROP_YDISTANCE, 100+SHIFT_Up_Down);}
//line numbers
ObjectDelete("TDI_SIG7");
ObjectDelete("TDI_SIG7");
if(ObjectFind("TDI_SIG7")!=0)
{
ObjectCreate("TDI_SIG7", OBJ_TEXT,WindowFind("Traders Dynamic Index Visual"), Time[0],70);
ObjectSetText("TDI_SIG7"," 68 ",7, "Tahoma Narrow",CadetBlue);
}
else
{
ObjectMove("TDI_SIG7", 0, Time[0], 70);
}
ObjectDelete("TDI_SIG8");
ObjectDelete("TDI_SIG8");
if(ObjectFind("TDI_SIG8")!=0)
{
ObjectCreate("TDI_SIG8", OBJ_TEXT,WindowFind("Traders Dynamic Index Visual"), Time[0],52);
ObjectSetText("TDI_SIG8"," 50 ",7, "Tahoma Narrow",CadetBlue);
}
else
{
ObjectMove("TDI_SIG8", 0, Time[0], 52);
}
ObjectDelete("TDI_SIG9");
ObjectDelete("TDI_SIG9");
if(ObjectFind("TDI_SIG9")!=0)
{
ObjectCreate("TDI_SIG9", OBJ_TEXT,WindowFind("Traders Dynamic Index Visual"), Time[0],34);
ObjectSetText("TDI_SIG9"," 32 ",7, "Tahoma Narrow",CadetBlue);
}
else
{
ObjectMove("TDI_SIG9", 0, Time[0], 34);
}
}
//----
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
double StDev(double& Data[], int Per)
{
return(MathSqrt(Variance(Data,Per)));
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
double Variance(double& Data[], int Per)
{
double sum, ssum;
for(int i=0; i<Per; i++)
{
sum+=Data[i];
ssum+=MathPow(Data[i],2);
}
return((ssum*Per - sum*sum)/(Per*(Per-1)));
}
//+------------------------------------------------------------------+
Comments