Triggerlines 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: Triggerlines

Description: Unique MA cross. When lines are blue trend is up when lines are red trend is down. Wait for close below or above trigger lines to confirm trend reversal. Width of seperation and angle are important clues of trend strength and duration

//+------------------------------------------------------------------+
//|                                                     Trigger Line |
//|                             Copyright © 2005 dwt5 and adoleh2000 |
//|                                        http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property  copyright "Copyright © 2005 dwt5 and adoleh2000 "
#property  link      "http://www.metaquotes.net/"

//---- indicator settings
#property  indicator_chart_window
#property  indicator_buffers 4            
#property indicator_color1 Red      
#property indicator_color2 Red
#property indicator_color3 Blue
#property indicator_color4 Blue

//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];

int width;

extern int Rperiod = 20;
extern int LSMA_Period = 20;
int Draw4HowLong;
int shift;
int i;
int j;
int loopbegin;
int length;
int lsma_length;

double lengthvar;
double tmp ;
double tmp2 ;
double wt[];
double sum[];
double lsma_sum[];
double lsma_ma[];
double middle[];
int c;

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- 7 additional buffers are used for counting.
   IndicatorBuffers(7);   
   
//---- drawing settings
   
   SetIndexBuffer(0,ExtMapBuffer1);
   SetIndexStyle(0,DRAW_LINE,STYLE_SOLID,4);
   
   SetIndexBuffer(1,ExtMapBuffer2);
   SetIndexStyle(1,DRAW_LINE,STYLE_SOLID,4);
   
   SetIndexBuffer(2,ExtMapBuffer3);
   SetIndexStyle(2,DRAW_LINE,STYLE_SOLID,4);
   
   SetIndexBuffer(3,ExtMapBuffer4);
   SetIndexStyle(3,DRAW_LINE,STYLE_SOLID,4);
   
   
   
   SetIndexBuffer(4,sum);        
   SetIndexBuffer(5,wt);         
   SetIndexBuffer(6,lsma_ma);
   
//---- initialization done
   return(0);
  }

int start()

  {   Draw4HowLong = Bars-Rperiod - 5;                            //Rperiod = 20
      length = Rperiod;                                           //length now = 20  
      lsma_length = LSMA_Period;
      loopbegin = Draw4HowLong - length - 1;   
      

      for(shift = loopbegin; shift >= 0; shift--)  //  MAIN For Loop
      { 
         sum[1] = 0;                                              
         for(i = length; i >= 1  ; i--)             //LSMA loop
         {
         lengthvar = length + 1;                               //lengthvar = 21  
         lengthvar /= 3;                                       //lengthvar = 7
         tmp = 0;
         tmp = ( i - lengthvar)*Close[length-i+shift];         //tmp = 20 - 7 * close[20-i+shift]
         sum[1]+=tmp;
         }
         wt[shift] = sum[1]*6/(length*(length+1));  
         j = shift;
         lsma_ma[shift] = wt[j+1] + (wt[j]-wt[j+1])* 2/(lsma_length+1);
  
                          
//========== COLOR CODING ===========================================                       
        
        
            ExtMapBuffer1[shift] = wt[shift]; 
            ExtMapBuffer2[shift] = lsma_ma[shift]; 
            ExtMapBuffer3[shift] = wt[shift]; 
            ExtMapBuffer4[shift] = lsma_ma[shift]; 
            
            
            
            if (wt[shift]  < lsma_ma[shift])
            {
                ExtMapBuffer4[shift] = EMPTY_VALUE;
                ExtMapBuffer3[shift] = EMPTY_VALUE;
           }          
        
        }
  }
//+------------------------------------------------------------------+

Author/Source: dwt5 & adoleh2000