Indicator uses MacD, RSI, ATR, STd to calculate trend.
Type indicator: this indicator is used to check the trend
Question:
1. Does anyone know what the colours means in this indicator? It looks like a yellow bar means that the market is ranging, and when you see a green bar, then the market is trending.
2. Is it a re-painting indicator?
Code:
Type indicator: this indicator is used to check the trend
Question:
1. Does anyone know what the colours means in this indicator? It looks like a yellow bar means that the market is ranging, and when you see a green bar, then the market is trending.
2. Is it a re-painting indicator?
Code:
Inserted Code
#property copyright "Copyright © 2008, MetaQuotes Software Corp." #property link "http://www.metaquotes.net" extern int period=20; extern double level=50; //extern int ema1=34; //extern int ema2=89; #property indicator_separate_window #property indicator_buffers 3 #property indicator_color1 Green #property indicator_color2 Red #property indicator_color3 Yellow #property indicator_maximum 3 bool uptrend=false; bool downtrend=false; double fast[],medium[],slow[],atr[],std[],rsistd[],rsiatr[]; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- indicators IndicatorBuffers(7); //---- drawing settings SetIndexBuffer(0,fast);//bbMacd line SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID,3); SetIndexBuffer(1,medium);//Upperband line SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID,3); SetIndexDrawBegin(0,period); SetIndexDrawBegin(1,period); SetIndexBuffer(2,slow);//overbough SetIndexStyle(2,DRAW_HISTOGRAM,STYLE_SOLID,3); SetIndexDrawBegin(2,period); SetIndexBuffer(3,atr);//overbough SetIndexBuffer(4,std);//overbough SetIndexBuffer(5,rsistd);//overbough SetIndexBuffer(6,rsiatr);//overbough IndicatorShortName("CK Speed "+ period); SetIndexLabel(0,"Trend"); SetIndexLabel(1,"Correction"); SetIndexLabel(2,"Sleep"); //---- return(0); } //+------------------------------------------------------------------+ //| Custom indicator deinitialization function | //+------------------------------------------------------------------+ int deinit() { //---- //---- return(0); } //+------------------------------------------------------------------+ //| Custom indicator iteration function | //+------------------------------------------------------------------+ int start() { //---- double prev,current,tmp; int limit; int counted_bars=IndicatorCounted(); //---- check for possible errors if(counted_bars<0) return(-1); //---- last counted bar will be recounted if(counted_bars>0) counted_bars--; limit=Bars-counted_bars; //uptrend=true; //owntrend=true; double filterbuy=60; double filtersell=40; //---- for(int k=limit-1;k>=0;k--){ atr[k]=iATR(Symbol(),0,period,k); std[k]=iStdDev(Symbol(),0,period,0,0,PRICE_MEDIAN,k); } //for(int t=limit-period;t>=0;t--){ //} for(int i=limit-1; i>=0; i--) { rsistd[i]=iRSIOnArray(std,0,period,i); rsiatr[i]=iRSIOnArray(atr,0,period,i); if(rsistd[i]>=level&&rsiatr[i]>=level){ fast[i]=3; medium[i]=0; slow[i]=0; }else if(rsistd[i]<level&&rsiatr[i]<level){ fast[i]=0; medium[i]=0; slow[i]=1; } else{ fast[i]=0; medium[i]=2; slow[i]=0; } } return(0); } //+------------------------------------------------------------------+
Attached File(s)
CK_Speed.ex4
4 KB
|
1,247 downloads
CK_Speed.mq4
3 KB
|
1,500 downloads
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