Dynamic Trend Metatrader MQ4 Indicators Forex Trading Systems - XEATrade - Metatrader, Metastock, Tradestation, Amibroker

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Home
Forex Forum
+ Add Script
Metastock Expert Advisors Explorations Indicators Trading Systems Metatrader MQL Experts MQL Indicators MQ4 Experts MQ4 Indicators MQ4 Scripts Tradestation Functions Indicators PaintBars ShowMe Trading Systems Amibroker Commentaries Explorations Functions Indicators Trading Systems

Contact us



Newsletter

Group: Metatrader MQ4 Indicators

Title: Dynamic Trend

Description: Dynamic Trend

// +------------------------------------------------------------------+ 
// | The percentage indicator basis on break | 
// | of the dynamic price channel | 
// | BDPC_Percent.mq4 | 
// | Copyright © 2004, OfficeFX Group | 
// | http: // officefx.nm.ru | 
// +------------------------------------------------------------------+ 
#property copyright " Copyright © 2004, OfficeFX Group " 
#property link " http:// officefx.nm.ru " 

#property indicator_chart_window 
#property indicator_buffers 3 
#property indicator_color1 Yellow // BUY signal 
#property indicator_color2 Blue // BUY signal 
#property indicator_color3 Red // SELL signal 
//----Indicator Buffers--------------------------------------------+ 
double DynamicLineTrend []; // Data buffer for dynamic line trend 
double BUYSignals []; // Data buffer for BUY signals 

double SELLSignals []; // Data buffer for SELL signals //----User defines-------------------------------------------------
+ extern int Percent=15; // Percent dynamic channel extern int MaxPeriod=50;
 // Maximal period for calculate trend 
 //----Variables----------------------------------------------------+ 
 int Sshift=0; 
 // Current bar for calculate trend // 
+------------------------------------------------------------------+ 
// | Custom indicator initialization function | // +
------------------------------------------------------------------+ int init () {
//----Indicators---------------------------------------------------+ 
SetIndexStyle (0, DRAW_LINE); SetIndexBuffer (0, DynamicLineTrend); 
SetIndexStyle 
(1, DRAW_ARROW); SetIndexArrow (1,233); SetIndexBuffer (1, BUYSignals); 
SetIndexStyle 
(2, DRAW_ARROW); SetIndexArrow (2,234); SetIndexBuffer (2, SELLSignals)
; //-
-----------------------------------------
-------------------------+
 return (0);} 
// +------------------------------------------------------------------+ 
// | Custom indicator iteration function |
 // +------------------------------------------------------------------+ 
 int start () 
 {  // Get digits of Symbol 
 double Point=MarketInfo (Symbol (), MODE_POINT); 
// Set count bars for calculate trend int Counted_Bars=IndicatorCounted ()-MaxPeriod; 
//----Calculation DynamicLineTrend---------------------------------+
 for ( Shift = Counted_Bars; Shift> =0; Shift-) {
// Calculate of maximal period 
if (Close [Shift] <DynamicLineTrend [Shift+1]) {

// Calculate Upper trend DynamicLineTrend [Shift] =Close [Highest (NULL, 0, MOD
E_CLOSE, MaxPeriod, Shift+1)]-Percent*Point;}; if (Close [Shift]> =DynamicLineTren
d [Shift+1]) {
// Calculate Down trend Dynamic
LineTrend [Shift] =Clo
se [Lowest (NULL, 0, MODE_
CLOSE, MaxPeriod, Shift+1)] +Percent*Point;}; 
// Check 
crosses DynamicLineTrend and Price if (Close [Shift+3]> DynamicLineTrend [Shift+2]) if (Close [Shift+2] <
DynamicLineTrend [Shift+3]) BUYSignals [Shift] =Low [Shift]-10*Point;
 else BUYSignals [Shift] =0; else BUYSignals [Shift] =0;
 if (Close [Shift+2] <DynamicLineTrend [Shift+1]) 
if (Close [Shift+2]> DynamicLineTrend [Shift+3]) SELLSignals [Shift
] =High [Shift]-10*Point; else SELLSignals [Shift] =0; else SELLSignals [Shift] =0;}; 
//-------------------------------------------------------------------+ 
return (0);} // ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Author/Source: OfficeFX Group