looking for Advance Decline Indicator ADL

Quoting fx358

Disliked

Dear all,

I'm looking for the Advance Decline Inidacator for my MT 4 platform.
Can anyone give me a tip where I can download this inidcator?

thanks in advance and best wishes for the new year

fx358

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Quoting magnumfreak

Disliked

advance decline indicator is just a ratio of the number of bars that advanced vs. the number of bars that declined for a given range of bars. Anything above a 1 is considered to be an uptrend and anything below a 1 is a downtrend.

if you want a smoother line just attach a moving average to this indicator.

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Quoting walb99

Disliked

Hi magnumfreak, this indi is very interesting. Could you code a version for MT5 also?

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//+------------------------------------------------------------------+
//|                                        Advance_Decline_Ratio.mq5 |
//|                                            Copyright Magnumfreak |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "Magnumfreak"
#property link      ""
#property version   "1.00"
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_plots   1
//---- plot ADRLine
#property indicator_label1  "ADRLine"
#property indicator_type1   DRAW_LINE
#property indicator_color1  White
#property indicator_style1  STYLE_SOLID
#property indicator_width1  1
#property indicator_level1 1
#property indicator_levelcolor White
//--- input parameters
input int      LookBack=25;
//--- indicator buffers
double         ADRLineBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int OnInit()
  {
//--- indicator buffers mapping
   SetIndexBuffer(0,ADRLineBuffer,INDICATOR_DATA);
//---
   return(0);
  }
//+------------------------------------------------------------------+
//| 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[])
  {
//---

   double goingup,goingdown;
   int limit = 5000;
//----
   for(int i = limit;i>=0;i--)
   {
       goingup=0;
       goingdown=0;
       for(int y = LookBack;y>0;y--)
         {
         if(close[i+y] > open[i+y])goingup++;
         if(close[i+y] < open[i+y])goingdown++;
         }
      if(goingdown>0) ADRLineBuffer[i] = goingup/goingdown;
     }
//--- return value of prev_calculated for next call
   return(rates_total);
  }
//+------------------------------------------------------------------+

Quoting magnumfreak

Disliked

Try this version. I still can't get mt5 working on my computer even after a reboot. I will have to look into that later.


[code]//+------------------------------------------------------------------+
//|...

Ignored

//+------------------------------------------------------------------+
//|                                        Advance_Decline_Ratio.mq5 |
//|                                            Copyright Magnumfreak |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "Magnumfreak"
#property link      ""
#property version   "1.00"
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_plots   1
//---- plot ADRLine
#property indicator_label1  "ADRLine"
#property indicator_type1   DRAW_LINE
#property indicator_color1  White
#property indicator_style1  STYLE_SOLID
#property indicator_width1  1
#property indicator_level1 1
#property indicator_levelcolor White
//--- input parameters
input int      LookBack=25;
//--- indicator buffers
double         ADRLineBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int OnInit()
  {
//--- indicator buffers mapping
   SetIndexBuffer(0,ADRLineBuffer,INDICATOR_DATA);
//---
   return(0);
  }
//+------------------------------------------------------------------+
//| 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[])
  {
//---

   double goingup,goingdown;
  // int limit = rates_total;
   
      int limit;
   if(prev_calculated == 0)
      limit=0;
   else 
      limit = prev_calculated-1;
      
   for(int i = limit; i < rates_total; i++)
//----
   //for(int i = limit;i>=0;i--)
   {
       goingup=0;
       goingdown=0;
       for(int y = 0; y<LookBack; y++)//for(int y = LookBack;y>0;y--)
         {
         if(close[i+y] > open[i+y])goingup++;
         if(close[i+y] < open[i+y])goingdown++;
         }
      if(goingdown>0) ADRLineBuffer[i] = goingup/goingdown;
     }
//--- return value of prev_calculated for next call
   return(rates_total);
  }
//+------------------------------------------------------------------+

Quoting magnumfreak

Disliked

I will fire up another computer later on to see if I can get mt5 to run on it. I tried downloading it again but when I try to install it my antivirus picks up on a trojan hidden in the code.

Ignored

Quoting magnumfreak

Disliked

advance decline indicator is just a ratio of the number of bars that advanced vs. the number of bars that declined for a given range of bars. Anything above a 1 is considered to be an uptrend and anything below a 1 is a downtrend. if you want a smoother line just attach a moving average to this indicator. {file}

Ignored