#WSS943!INDICATOR-6

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Author: Copyright � 2006, Winning-Solution.Com
#WSS943!INDICATOR-6

This script is a comprehensive market analysis tool designed to identify and visualize different types of price trends in real-time. It functions as a visual dashboard that categorizes market movements into four distinct states, allowing traders to quickly distinguish between strong momentum, weakening trends, and potential price stagnation.

Core Logic and Analysis

The script works by simultaneously evaluating several different technical indicators to create a "consensus" view of the market. Instead of relying on just one piece of data, it aggregates information from the following sources:

  • Price Range Dynamics: It measures the relationship between recent highs and lows to determine price volatility and direction.
  • Moving Averages: It compares short-term price averages against longer-term averages to identify the underlying trend direction.
  • Momentum Oscillators (RSI, MACD, CCI, WPR): It monitors several "speed" indicators to see if the current move is gaining or losing strength.
  • Trend Strength (ADX): It calculates specific components of the Average Directional Index to separate upward pressure from downward pressure.

Visualization States

The script translates all this complex data into four visual categories displayed on a separate window:

  1. Strong Up Trend: Triggered only when every single analysis parameter confirms positive upward momentum. This indicates a high-confidence "bullish" move.
  2. Strong Down Trend: Triggered when all parameters confirm negative downward momentum. This represents a high-confidence "bearish" move.
  3. Weak Upward Trend (Sideways): This state appears when the primary moving average shows an upward bias, but the other confirming indicators are not in full agreement. This suggests a sluggish market or one that is beginning to lose steam.
  4. Weak Downward Trend (Sideways): Similar to the weak upward trend, this occurs when the primary moving average shows a downward bias without full confirmation from all supporting oscillators. It indicates a lack of strong conviction in the price drop.

Security and Compatibility

The script includes a built-in "LifeTime Security" check. This acts as a safeguard to ensure that the software being used is up to date. If the internal date exceeds a specific limit set by the developer, the script will display a notification on the chart providing instructions on how to update the package to the latest version to ensure continued functionality.

Indicators Used
Moving average indicatorRelative strength indexMACD HistogramMovement directional indexCommodity channel indexLarry William percent range indicator
Miscellaneous
Implements a curve of type %1
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#WSS943!INDICATOR-6 

#property copyright "Copyright © 2006, Winning-Solution.Com "
#property link      "https://www.winning-solution.com/"

#property indicator_separate_window
#property indicator_buffers 4
#property indicator_color1 Navy
#property indicator_color2 Maroon
#property indicator_color3 SteelBlue
#property indicator_color4 Sienna

int gi_76 = 200810;
int gi_80 = D'02.01.2100 00:59';
int gi_84 = 10;
double g_ibuf_88[];
double g_ibuf_92[];
double g_ibuf_96[];
double g_ibuf_100[];
double gd_104;
double gd_112;
double gd_120;
double gd_128;
double gd_136;
double gd_144;
double gd_152;

void LifeTimeSecurityCode() {
   if (TimeCurrent() > gi_80) {
      main();
      return;
   }
   string ls_0 = "\nYour WSS Package need update to V" + gi_76 + ".. Please follow this procedure:";
   ls_0 = ls_0 
   + "\n1. Login to member area http://winning-solution.com/login/";
   ls_0 = ls_0 
   + "\n2. Go to Download Area";
   ls_0 = ls_0 
   + "\n3. Download WSS Package";
   ls_0 = ls_0 
   + "\n4. Re-Install it again";
   ls_0 = ls_0 
   + "\n5. Restart your Metatrader 4";
   ls_0 = ls_0 
   + "\nIf you have any problem, Please contact support@winning-solution.com";
   Comment(ls_0);
}

int init() {
   SetIndexStyle(0, DRAW_HISTOGRAM, STYLE_SOLID, 4);
   SetIndexBuffer(0, g_ibuf_88);
   SetIndexLabel(0, "Trend Up");
   SetIndexStyle(1, DRAW_HISTOGRAM, STYLE_SOLID, 4);
   SetIndexBuffer(1, g_ibuf_92);
   SetIndexLabel(1, "Trend Down");
   SetIndexStyle(2, DRAW_HISTOGRAM, STYLE_SOLID, 4);
   SetIndexBuffer(2, g_ibuf_96);
   SetIndexLabel(2, "Sideways, Trend Up Weak");
   SetIndexStyle(3, DRAW_HISTOGRAM, STYLE_SOLID, 4);
   SetIndexBuffer(3, g_ibuf_100);
   SetIndexLabel(3, "Sideways, Trend Down Weak");
   IndicatorShortName("OLD VERSION");
   return (0);
}

int deinit() {
   return (0);
}

int start() {
   LifeTimeSecurityCode();
   return (0);
}

void main() {
   string ls_unused_36;
   double ld_60;
   double ld_68;
   double ld_76;
   double ld_84;
   double l_ima_92;
   double l_ima_100;
   double l_irsi_108;
   double ld_116;
   double l_imacd_124;
   double l_imacd_132;
   double l_iadx_140;
   double l_iadx_148;
   double l_icci_156;
   double ld_164;
   double l_iwpr_172;
   double ld_180;
   string l_time2str_0 = TimeToStr(TimeCurrent(), TIME_DATE);
   string l_time2str_8 = TimeToStr(TimeCurrent(), TIME_MINUTES|TIME_SECONDS);
   string l_time2str_16 = TimeToStr(TimeLocal() | 4);
   string l_time2str_24 = TimeToStr(TimeCurrent(), TIME_MINUTES|TIME_SECONDS);
   int l_str2time_44 = StrToTime("00:00:00");
   int l_str2time_48 = StrToTime("00:05:00");
   string l_time2str_52 = TimeToStr(TimeCurrent(), TIME_DATE|TIME_SECONDS);
   for (int li_188 = Bars - gi_84; li_188 >= 0; li_188--) {
      ld_60 = iHighest(NULL, 0, MODE_HIGH, gi_84 - 1, li_188);
      ld_68 = iLowest(NULL, 0, MODE_LOW, gi_84 - 1, li_188);
      ld_76 = 100 - 100.0 * ((ld_60 - li_188) / gi_84);
      ld_84 = 100 - 100.0 * ((ld_68 - li_188) / gi_84);
      if (ld_76 == 0.0) ld_76 = 0.0000001;
      if (ld_84 == 0.0) ld_84 = 0.0000001;
      gd_104 = ld_76 - ld_84;
      l_ima_92 = iMA(NULL, 0, 3, 0, MODE_EMA, PRICE_CLOSE, li_188);
      l_ima_100 = iMA(NULL, 0, 50, 0, MODE_EMA, PRICE_CLOSE, li_188);
      gd_112 = l_ima_92 - l_ima_100;
      l_irsi_108 = iRSI(NULL, 0, 14, PRICE_CLOSE, li_188);
      ld_116 = 50;
      gd_120 = l_irsi_108 - ld_116;
      l_imacd_124 = iMACD(NULL, 0, 12, 26, 9, PRICE_CLOSE, MODE_MAIN, li_188);
      l_imacd_132 = iMACD(NULL, 0, 12, 26, 9, PRICE_CLOSE, MODE_SIGNAL, li_188);
      gd_128 = l_imacd_124 - l_imacd_132;
      l_iadx_140 = iADX(NULL, 0, 14, PRICE_CLOSE, MODE_PLUSDI, li_188);
      l_iadx_148 = iADX(NULL, 0, 14, PRICE_CLOSE, MODE_MINUSDI, li_188);
      gd_136 = l_iadx_140 - l_iadx_148;
      l_icci_156 = iCCI(NULL, 0, 14, PRICE_CLOSE, li_188);
      ld_164 = 0;
      gd_144 = l_icci_156 - ld_164;
      l_iwpr_172 = iWPR(NULL, 0, 14, li_188);
      ld_180 = -50;
      gd_152 = l_iwpr_172 - ld_180;
      if (gd_104 > 0.0 && gd_112 > 0.0 && gd_120 > 0.0 && gd_128 > 0.0 && gd_136 > 0.0 && gd_144 > 0.0 && gd_152 > 0.0) {
         g_ibuf_88[li_188] = 1;
         g_ibuf_92[li_188] = 0;
         g_ibuf_96[li_188] = 0;
         g_ibuf_100[li_188] = 0;
      } else {
         if (gd_104 <= 0.0 && gd_112 <= 0.0 && gd_120 <= 0.0 && gd_128 <= 0.0 && gd_136 <= 0.0 && gd_144 <= 0.0 && gd_152 <= 0.0) {
            g_ibuf_88[li_188] = 0;
            g_ibuf_92[li_188] = 1;
            g_ibuf_96[li_188] = 0;
            g_ibuf_100[li_188] = 0;
         } else {
            if (gd_112 > 0.0) {
               g_ibuf_88[li_188] = 0;
               g_ibuf_92[li_188] = 0;
               g_ibuf_96[li_188] = 1;
               g_ibuf_100[li_188] = 0;
            } else {
               if (gd_112 <= 0.0) {
                  g_ibuf_88[li_188] = 0;
                  g_ibuf_92[li_188] = 0;
                  g_ibuf_96[li_188] = 0;
                  g_ibuf_100[li_188] = 1;
               }
            }
         }
      }
   }
}

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