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LWMA-Crossover_Signal_v3
//+------------------------------------------------------------------+
//| LWMA-Crossover_Signal.mq4|
//| Copyright © 2005, Jason Robinson (jnrtrading) |
//| http://www.jnrtading.co.uk |
//+------------------------------------------------------------------+
/*
+-------------------------------------------------------------------+
| Allows you to enter two lwma periods and it will then show you at |
| Which point they crossed over. It is more usful on the shorter |
| periods that get obscured by the bars / candlesticks and when |
| the zoom level is out. Also allows you then to remove the emas |
| from the chart. (lwmas are initially set at 5 and 6) |
+-------------------------------------------------------------------+
*/
#property copyright "Copyright © 2005, Jason Robinson (jnrtrading)"
#property link "http://www.jnrtrading.co.uk"
//-----
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 SpringGreen
#property indicator_color2 Red
//----
double CrossUp[];
double CrossDown[];
extern int FasterLWMA=5;
extern int SlowerLWMA=6;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0, DRAW_ARROW, EMPTY);
SetIndexArrow(0, 233);
SetIndexBuffer(0, CrossUp);
SetIndexStyle(1, DRAW_ARROW, EMPTY);
SetIndexArrow(1, 234);
SetIndexBuffer(1, CrossDown);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int limit, i, counter;
double fasterLWMAnow, slowerLWMAnow, fasterLWMAprevious, slowerLWMAprevious, fasterLWMAafter, slowerLWMAafter;
double Range, AvgRange;
int counted_bars=IndicatorCounted();
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
//----
limit=Bars-counted_bars;
//----
for(i=0; i<=limit; i++)
{
counter=i;
Range=0;
AvgRange=0;
for(counter=i ;counter<=i+9;counter++)
{
AvgRange=AvgRange+MathAbs(High[counter]-Low[counter]);
}
Range=AvgRange/10;
//----
fasterLWMAnow=iMA(NULL, 0, FasterLWMA, 0, MODE_LWMA, PRICE_CLOSE, i);
fasterLWMAprevious=iMA(NULL, 0, FasterLWMA, 0, MODE_LWMA, PRICE_CLOSE, i+1);
fasterLWMAafter=iMA(NULL, 0, FasterLWMA, 0, MODE_LWMA, PRICE_CLOSE, i-1);
//----
slowerLWMAnow=iMA(NULL, 0, SlowerLWMA, 0, MODE_LWMA, PRICE_CLOSE, i);
slowerLWMAprevious=iMA(NULL, 0, SlowerLWMA, 0, MODE_LWMA, PRICE_CLOSE, i+1);
slowerLWMAafter=iMA(NULL, 0, SlowerLWMA, 0, MODE_LWMA, PRICE_CLOSE, i-1);
//----
if ((fasterLWMAnow > slowerLWMAnow) && (fasterLWMAprevious < slowerLWMAprevious) && (fasterLWMAafter > slowerLWMAafter)) {
CrossUp[i]=Low[i] - Range*0.5;
}
else if ((fasterLWMAnow < slowerLWMAnow) && (fasterLWMAprevious > slowerLWMAprevious) && (fasterLWMAafter < slowerLWMAafter)) {
CrossDown[i]=High[i] + Range*0.5;
}
}
return(0);
}
//+------------------------------------------------------------------+
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