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CandleAverage_v3
//+------------------------------------------------------------------+
//| CandleAverage_v1.mq4 |
//| Copyright © 2006, Forex-TSD.com |
//| Written by IgorAD,igorad2003@yahoo.co.uk |
//| http://finance.groups.yahoo.com/group/TrendLaboratory |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Forex-TSD.com "
#property link "http://www.forex-tsd.com/"
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Blue
//---- input parameters
extern int Length=31;
extern int H_period=25;
extern int L_period=27;
extern int C_period= 9;
//---- buffers
double CandleAvg[];
double BarValue[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorBuffers(2);
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexBuffer(0,CandleAvg);
SetIndexBuffer(1,BarValue);
//---- name for DataWindow and indicator subwindow label
string short_name="CandleAverage("+Length+")";
IndicatorShortName(short_name);
SetIndexLabel(0,"CandleAvg");
SetIndexDrawBegin(0,Length);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int shift, limit, counted_bars=IndicatorCounted();
double UpDel,DnDel,H,L,C;
//----
if(counted_bars<0) return(-1);
if (counted_bars==0) limit=Bars-Length-1;
//---- last counted bar will be recounted
if(counted_bars>0) limit=Bars-counted_bars;
limit--;
for(shift=limit; shift>=0; shift--)
{
H = iMA(NULL,0, H_period,0, MODE_EMA, PRICE_HIGH, shift);
L = iMA(NULL,0, L_period,0, MODE_EMA, PRICE_LOW, shift);
C = iMA(NULL,0, C_period,0, MODE_EMA, PRICE_CLOSE, shift);
UpDel = H - C;
DnDel = C - L;
if ( UpDel < DnDel ) BarValue[shift] = 1;
if ( UpDel > DnDel ) BarValue[shift] = -1;
if ( UpDel == DnDel ) BarValue[shift] = 0;
}
for(shift=limit; shift>=0; shift--)
{
CandleAvg[shift] = iMAOnArray(BarValue,0,Length,0,MODE_SMA,shift);
}
//----
return(0);
}
//+------------------------------------------------------------------+
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