price action indicator

Quoting hilmy83

Disliked

Does anybody know if there is an indicator based on this principle. Looks quite interestingggg

http://www.forexrealm.com/technical-...indicator.html

Ignored

// See http://www.forexrealm.com/technical-analysis/technical-indicators/price-action-indicator.html

#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Lime

double dPainBuffer[];

int init() {

    IndicatorShortName("PAIN");
    
    SetIndexBuffer(0,dPainBuffer);
    SetIndexLabel(0,"PAIN");
    return(0);
}

int start() {

    int iBarsToCalc = Bars - IndicatorCounted();
    if (iBarsToCalc < Bars) iBarsToCalc++;
    
    for (int i=iBarsToCalc-1;i>=0;i--)
        dPainBuffer[i] = ( (Close[i]-Open[i])+(Close[i]-High[i])+(Close[i]-Low[i]) ) / 2;

    return(0);
} 

Quoting tesla

Disliked

Here, knock yourself out.

PHP Code

// See http://www.forexrealm.com/technical-analysis/technical-indicators/price-action-indicator.html
 
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Lime
 
double dPainBuffer[];
 
int init() {
 
    IndicatorShortName("PAIN");
 
    SetIndexBuffer(0,dPainBuffer);
    SetIndexLabel(0,"PAIN");
    return(0);
}
 
int start() {
 
    int iBarsToCalc = Bars - IndicatorCounted();
    if (iBarsToCalc < Bars) iBarsToCalc++;
 
    for (int i=iBarsToCalc-1;i>=0;i--)
        dPainBuffer[i] = ( (Close[i]-Open[i])+(Close[i]-High[i])+(Close[i]-Low[i]) ) / 2;
 
    return(0);
} 

Ignored

Quoting hilmy83

Disliked

just wondering if anybody (cough tesla cough ) could just add a little code on putting on the period input, that would be sweet. Humble request

Ignored

Quoting tesla

Disliked

Are you talking about taking moving averages of the close/open/low/high prices and calculating the PAIN value on that?

Ignored

// See http://www.forexrealm.com/technical-analysis/technical-indicators/price-action-indicator.html

#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Lime

extern int    MoveAvgPeriod    = 1;
extern int    MoveAvgMethod    = MODE_SMA;

double dPainBuffer[];

int init() {
    IndicatorShortName("PAIN");
    SetIndexBuffer(0,dPainBuffer);
    SetIndexLabel(0,"PAIN");
    return(0);
}

int start() {

    int iBarsToCalc = Bars - IndicatorCounted();
    if (iBarsToCalc < Bars) iBarsToCalc++;
    
    for (int i=iBarsToCalc-1;i>=0;i--) {
        double dCloseMA = iMA(NULL,0,MoveAvgPeriod,0,MoveAvgMethod,PRICE_CLOSE,i);
        double dOpenMA  = iMA(NULL,0,MoveAvgPeriod,0,MoveAvgMethod,PRICE_OPEN, i);
        double dHigheMA = iMA(NULL,0,MoveAvgPeriod,0,MoveAvgMethod,PRICE_HIGH, i);
        double dLowMA   = iMA(NULL,0,MoveAvgPeriod,0,MoveAvgMethod,PRICE_LOW,  i);
        dPainBuffer[i] = ( (dCloseMA-dOpenMA)+(dCloseMA-dHigheMA)+(dCloseMA-dLowMA) ) / 2;
    }
    return(0);
}