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LSMA_Channelv2
/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| LSMA_Channel.mq4 |
//| Copyright © 2005, MetaQuotes Software Corp. |
//| http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net/"
#property indicator_chart_window
//---- indicator parameters
extern int IdNum = 1;
extern int RPeriod = 28;
extern color MidColor = Red;
extern int LineWeight = 1;
extern int PriceVal = 0; // 0 = Close, 1 = Low, 2 = High
extern double StDevOutside2 = 2.55;
extern color Outside2 = Red;
extern double StDevOutside = 1.618;
extern color Outside = Brown;
extern double StDevInside = 0.809;
extern color Inside = Green;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
ObjectCreate("Reg_line"+IdNum, OBJ_TREND, 0, 0,0, 0,0);
ObjectSet("Reg_line"+IdNum, OBJPROP_COLOR, MidColor);
ObjectSet("Reg_line"+IdNum, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("Reg_line"+IdNum, OBJPROP_WIDTH, LineWeight);
ObjectCreate("Reg_Outside_upper" +IdNum, OBJ_TREND, 0, 0,0, 0,0);
ObjectSet("Reg_Outside_upper"+IdNum, OBJPROP_COLOR, Outside);
ObjectSet("Reg_Outside_upper"+IdNum, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("Reg_Outside_upper"+IdNum, OBJPROP_WIDTH, LineWeight);
ObjectCreate("Reg_Outside_lower" +IdNum, OBJ_TREND, 0, 0,0, 0,0);
ObjectSet("Reg_Outside_lower"+IdNum, OBJPROP_COLOR, Outside);
ObjectSet("Reg_Outside_lower"+IdNum, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("Reg_Outside_lower"+IdNum, OBJPROP_WIDTH, LineWeight);
ObjectCreate("Reg_Inside_upper" +IdNum, OBJ_TREND, 0, 0,0, 0,0);
ObjectSet("Reg_Inside_upper"+IdNum, OBJPROP_COLOR, Inside);
ObjectSet("Reg_Inside_upper"+IdNum, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("Reg_Inside_upper"+IdNum, OBJPROP_WIDTH, LineWeight);
ObjectCreate("Reg_Inside_lower" +IdNum, OBJ_TREND, 0, 0,0, 0,0);
ObjectSet("Reg_Inside_lower"+IdNum, OBJPROP_COLOR, Inside);
ObjectSet("Reg_Inside_lower"+IdNum, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("Reg_Inside_lower"+IdNum, OBJPROP_WIDTH, LineWeight);
ObjectCreate("Reg_Outside2_upper" +IdNum, OBJ_TREND, 0, 0,0, 0,0);
ObjectSet("Reg_Outside2_upper"+IdNum, OBJPROP_COLOR, Outside2);
ObjectSet("Reg_Outside2_upper"+IdNum, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("Reg_Outside2_upper"+IdNum, OBJPROP_WIDTH, LineWeight);
ObjectCreate("Reg_Outside2_lower" +IdNum, OBJ_TREND, 0, 0,0, 0,0);
ObjectSet("Reg_Outside2_lower"+IdNum, OBJPROP_COLOR, Outside2);
ObjectSet("Reg_Outside2_lower"+IdNum, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("Reg_Outside2_lower"+IdNum, OBJPROP_WIDTH, LineWeight);
Comment("Regression channel");
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
void deinit() {
ObjectDelete("Reg_line"+IdNum);
ObjectDelete("Reg_Outside_upper" +IdNum);
ObjectDelete("Reg_Outside_lower" +IdNum);
ObjectDelete("Reg_Inside_upper" +IdNum);
ObjectDelete("Reg_Inside_lower" +IdNum);
ObjectDelete("Reg_Outside2_upper" +IdNum);
ObjectDelete("Reg_Outside2_lower" +IdNum);
Comment("");
}
//+------------------------------------------------------------------+
//| Regression Line |
//+------------------------------------------------------------------+
int start()
{
double y1,y2, price;
double sum_xy, sum_x, sum_y, sum_x2, a, b;
double stddiv, tmp_div;
double x_n_upOut, x_1_upOut, x_n_downOut, x_1_downOut;
double x2_n_upOut, x2_1_upOut, x2_n_downOut, x2_1_downOut;
double x_n_upIn, x_1_upIn, x_n_downIn, x_1_downIn;
int x, n;
//----
if(Bars<=RPeriod) return(0);
// Initialize summations
sum_xy = 0;
sum_x = 0;
sum_y = 0;
sum_x2 = 0;
a = 0;
b = 0;
y1 = 0;
y2 = 0;
tmp_div = 0;
n = RPeriod;
// Calculate sums
for(x=RPeriod;x>0;x--)
{
switch (PriceVal)
{
case 0: price = Close[x];
break;
case 1: price = Low[x];
break;
case 2: price = High[x];
break;
}
sum_xy = sum_xy + x*price;
sum_x = sum_x + x;
sum_y = sum_y + price;
sum_x2 = sum_x2 + x*x;
}
// Calculate slope b and intercept a
b = (n*sum_xy - sum_x*sum_y)/(n*sum_x2 - sum_x*sum_x);
a = (sum_y - b*sum_x)/n;
// Calculate endpoints for least squares line
y1 = a + b*n;
y2 = a + b;
// Plot the line
ObjectSet("Reg_line"+IdNum, OBJPROP_TIME1, Time[RPeriod]);
ObjectSet("Reg_line"+IdNum, OBJPROP_TIME2, Time[0]);
ObjectSet("Reg_line"+IdNum, OBJPROP_PRICE1, y1);
ObjectSet("Reg_line"+IdNum, OBJPROP_PRICE2, y2);
// Calculate the standard deviations of the line
for (x=RPeriod; x>0; x--) {
switch (PriceVal)
{
case 0: price = Close[x];
break;
case 1: price = Low[x];
break;
case 2: price = High[x];
break;
}
tmp_div = tmp_div + (price - (a + b*x))*(price - (a + b*x));
}
stddiv = MathSqrt(tmp_div/n);
x_n_upOut = y1 + StDevOutside*stddiv;
x_1_upOut = y2 + StDevOutside*stddiv;
x_n_downOut = y1 - StDevOutside*stddiv;
x_1_downOut = y2 - StDevOutside*stddiv;
x_n_upIn = y1 + StDevInside*stddiv;
x_1_upIn = y2 + StDevInside*stddiv;
x_n_downIn = y1 - StDevInside*stddiv;
x_1_downIn = y2 - StDevInside*stddiv;
x2_n_upOut = y1 + StDevOutside2*stddiv;
x2_1_upOut = y2 + StDevOutside2*stddiv;
x2_n_downOut = y1 - StDevOutside2*stddiv;
x2_1_downOut = y2 - StDevOutside2*stddiv;
// Plot the standard deviation lines
// OUTSIDE
//upper
ObjectSet("Reg_Outside_upper"+IdNum, OBJPROP_TIME1, Time[RPeriod]);
ObjectSet("Reg_Outside_upper"+IdNum, OBJPROP_TIME2, Time[0]);
ObjectSet("Reg_Outside_upper"+IdNum, OBJPROP_PRICE1, x_n_upOut);
ObjectSet("Reg_Outside_upper"+IdNum, OBJPROP_PRICE2, x_1_upOut);
//lower
ObjectSet("Reg_Outside_lower"+IdNum, OBJPROP_TIME1, Time[RPeriod]);
ObjectSet("Reg_Outside_lower"+IdNum, OBJPROP_TIME2, Time[0]);
ObjectSet("Reg_Outside_lower"+IdNum, OBJPROP_PRICE1, x_n_downOut);
ObjectSet("Reg_Outside_lower"+IdNum, OBJPROP_PRICE2, x_1_downOut);
// OUTSIDE2
//upper
ObjectSet("Reg_Outside2_upper"+IdNum, OBJPROP_TIME1, Time[RPeriod]);
ObjectSet("Reg_Outside2_upper"+IdNum, OBJPROP_TIME2, Time[0]);
ObjectSet("Reg_Outside2_upper"+IdNum, OBJPROP_PRICE1, x2_n_upOut);
ObjectSet("Reg_Outside2_upper"+IdNum, OBJPROP_PRICE2, x2_1_upOut);
//lower
ObjectSet("Reg_Outside2_lower"+IdNum, OBJPROP_TIME1, Time[RPeriod]);
ObjectSet("Reg_Outside2_lower"+IdNum, OBJPROP_TIME2, Time[0]);
ObjectSet("Reg_Outside2_lower"+IdNum, OBJPROP_PRICE1, x2_n_downOut);
ObjectSet("Reg_Outside2_lower"+IdNum, OBJPROP_PRICE2, x2_1_downOut);
//INSIDE
//upper
ObjectSet("Reg_Inside_upper"+IdNum, OBJPROP_TIME1, Time[RPeriod]);
ObjectSet("Reg_Inside_upper"+IdNum, OBJPROP_TIME2, Time[0]);
ObjectSet("Reg_Inside_upper"+IdNum, OBJPROP_PRICE1, x_n_upIn);
ObjectSet("Reg_Inside_upper"+IdNum, OBJPROP_PRICE2, x_1_upIn);
//lower
ObjectSet("Reg_Inside_lower"+IdNum, OBJPROP_TIME1, Time[RPeriod]);
ObjectSet("Reg_Inside_lower"+IdNum, OBJPROP_TIME2, Time[0]);
ObjectSet("Reg_Inside_lower"+IdNum, OBJPROP_PRICE1, x_n_downIn);
ObjectSet("Reg_Inside_lower"+IdNum, OBJPROP_PRICE2, x_1_downIn);
return(0);
}
//+------------------------------------------------------------------+
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