T3 ROC with Price Metatrader MQL Indicators Forex Trading Systems - XEATrade - Metatrader, Metastock, Tradestation, Amibroker

/*[[
	Name := t3 ROC with Price
    Author := Alejandro Galindo (original version from SPECULATOR)
	Notes := modified with t3 by mikesbon
	Separate Window := no
	First Color := Turquoise
	First Draw Type := Line
	First Symbol := 217
	Use Second Data := no
]]*/

input: vPeriod(5),t3_period(5),b(1);

var: t3(0);
var: e1(0),e2(0),e3(0),e4(0),e5(0),e6(0),c1(0),c2(0),c3(0),c4(0);
var: n(0),w1(0),w2(0),b2(0),b3(0);
var: shift(0),loopbegin(0),ROC(0);					
var: first(True),prevbars(0);
var: cnt(0);	
			
b2=b*b;
b3=b2*b;
c1=-b3;
c2=(3*(b2+b3));
c3=-3*(2*b2+b+b3);
c4=(1+3*b+b3+3*b2);
n=t3_period;

if n<1 then n=1;
n = 1 + 0.5*(n-1);
w1 = 2 / (n + 1);
w2 = 1 - w1;
			
SetLoopCount(0);
//***********************************************************************************
// check for additional bars loading or total reloading
If Bars < prevbars or Bars-prevbars>1 Then first = True;
prevbars = Bars;  
// loopbegin1 prevent couning of counted bars exclude current
If first Then  
{
	loopbegin = Bars-vPeriod-2;
	If loopbegin < 0 Then Exit;      // not enough bars for counting
	first = False;                    // this block is to be evaluated once only
} Else 
{ 
    loopbegin = Bars - (Bars-vPeriod-2); 
} 


//***********************************************************************************

loopbegin = loopbegin+1;            // current bar is to be recounted too
for shift = loopbegin downto 0
{
	//ROC= (((Close[shift]-Close[shift+vPeriod])/Close[shift+vPeriod]*100)+Point);//  /Close[shift+vPeriod]
	ROC= (((Close[shift]-Close[shift+vPeriod])/Close[shift+vPeriod])+Point);//  /Close[shift+vPeriod]
	
e1 = w1*ROC + w2*e1;
e2 = w1*e1 + w2*e2;
e3 = w1*e2 + w2*e3;
e4 = w1*e3 + w2*e4;
e5 = w1*e4 + w2*e5;
e6 = w1*e5 + w2*e6;

ROC = c1*e6 + c2*e5 + c3*e4 + c4*e3;

	if ROC>0 then
		SetIndexValue(shift, ROC+close[shift])
	else
		SetIndexValue(shift,close[shift]+ROC);
	loopbegin = loopbegin-1;         // prevent to previous bars recounting
};
 
 SetIndexValue(shift, ROC);

Author/Source: Alejandro Galindo

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