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FXBay_-_MACD
//+---------------------------------------------------------------------------+
//| Custom MACD-Histogram.mq4 |
//| Copyright © 2010, FXBay - Vietnamese FX Trading Team |
//| http://www.fxbay.net |
//+---------------------------------------------------------------------------+
#property copyright "Copyright © 2010, FXBay - Vietnamese FX Trading Team"
#property link "http://www.fxbay.net/"
//---- indicator settings
#property indicator_separate_window
#property indicator_buffers 3
#property indicator_color1 DarkTurquoise
#property indicator_color2 Red
#property indicator_color3 Gray
#property indicator_width1 1
//---- indicator parameters
extern int FastEMA=12;
extern int SlowEMA=26;
extern int SignalEMA=9;
//---- indicator buffers
double MACD_Buffer[];
double SIGNAL_Buffer[];
double HISTOGRAM_Buffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init() {
//---- drawing settings
SetIndexStyle(0,DRAW_LINE);
SetIndexStyle(1,DRAW_LINE);
SetIndexStyle(2,DRAW_HISTOGRAM);
SetIndexDrawBegin(1,SignalEMA);
IndicatorDigits(Digits+1);
//---- indicator buffers mapping
SetIndexBuffer(0,MACD_Buffer);
SetIndexBuffer(1,SIGNAL_Buffer);
SetIndexBuffer(2,HISTOGRAM_Buffer);
//---- name for DataWindow and indicator subwindow label
IndicatorShortName("FXBay - MACD ("+FastEMA+","+SlowEMA+","+SignalEMA+")");
SetIndexLabel(0,"MACD");
SetIndexLabel(1,"Signal");
SetIndexLabel(2,"Histogram");
//---- initialization done
return(0);
}
//+------------------------------------------------------------------+
//| Moving Averages Convergence/Divergence |
//+------------------------------------------------------------------+
int start() {
int i;
int limit;
int counted_bars = IndicatorCounted();
if(counted_bars < 0) return(-1); //---- check for possible errors
if(counted_bars > 0) counted_bars--; //---- the last counted bar will be recounted
limit = Bars - counted_bars;
//---- Draw MACD line
for(i=0; i<limit; i++) { //-- loop from the current bar to the first bar
MACD_Buffer[i] = iMA(NULL,0,FastEMA,0,MODE_EMA,PRICE_CLOSE,i) - iMA(NULL,0,SlowEMA,0,MODE_EMA,PRICE_CLOSE,i);
}
//---- Draw Signal line and Histogram
for(i=0; i<limit; i++) { //-- same loop above
SIGNAL_Buffer[i] = iMAOnArray(MACD_Buffer,Bars,SignalEMA,0,MODE_EMA,i);
HISTOGRAM_Buffer[i] = MACD_Buffer[i] - SIGNAL_Buffer[i];
}
//---- Done
return(0);
}
//+-----------------------------------------------------------------+
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