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mj_ADXFilter_v1.0
//+------------------------------------------------------------------+
//| ADXFilter.mq4 |
//| Copyright © 2006, Forex-TSD.com |
//| Written by mj_bolt|
//| |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, Forex-TSD.com "
#property link "http://www.forex-tsd.com/"
#property indicator_separate_window
#property indicator_minimum -0.05
#property indicator_maximum 1.05
#property indicator_buffers 4
#property indicator_color1 MediumBlue
#property indicator_color2 Crimson
#property indicator_color3 LightBlue
#property indicator_color4 Orange
//---- input parameters
extern int PeriodADX=14;
//---- indicator buffers
double UpBuffer1[];
double DnBuffer1[];
double UpBuffer2[];
double DnBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- indicator line
SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexStyle(2,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexStyle(3,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexBuffer(0,UpBuffer1);
SetIndexBuffer(1,DnBuffer1);
SetIndexBuffer(2,UpBuffer2);
SetIndexBuffer(3,DnBuffer2);
IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS));
//---- name for DataWindow and indicator subwindow label
short_name="ADX Filter("+PeriodADX+")";
IndicatorShortName(short_name);
SetIndexLabel(0,"UpTrend");
SetIndexLabel(1,"DownTrend");
SetIndexLabel(2,"Mild UpTrend");
SetIndexLabel(3,"Mild DownTrend");
//----
SetIndexDrawBegin(0,PeriodADX);
SetIndexDrawBegin(1,PeriodADX);
SetIndexDrawBegin(2,PeriodADX);
SetIndexDrawBegin(3,PeriodADX);
//----
return(0);
}
//+------------------------------------------------------------------+
//| ADXFilter |
//+------------------------------------------------------------------+
int start()
{
int shift,trend;
double ADX0,ADX1,ADX2;
for(shift=Bars-PeriodADX-1;shift>=0;shift--)
{
ADX0=iADX(NULL,0,PeriodADX,PRICE_CLOSE,MODE_MAIN,shift);
ADX1=iADX(NULL,0,PeriodADX,PRICE_CLOSE,MODE_PLUSDI,shift);
ADX2=iADX(NULL,0,PeriodADX,PRICE_CLOSE,MODE_MINUSDI,shift);
if (ADX0<20 && ADX1>ADX2) trend=1;
if (ADX0>20 && ADX1>ADX2) trend=2;
if (ADX0<20 && ADX2>ADX1) trend=-1;
if (ADX0>20 && ADX2>ADX1) trend=-2;
if (trend==1)
{
UpBuffer1[shift]=0;
UpBuffer2[shift]=1;
DnBuffer1[shift]=0;
DnBuffer2[shift]=0;
}
if (trend==2)
{
UpBuffer1[shift]=1;
UpBuffer2[shift]=0;
DnBuffer1[shift]=0;
DnBuffer2[shift]=0;
}
if (trend==-1)
{
UpBuffer1[shift]=0;
UpBuffer2[shift]=0;
DnBuffer1[shift]=0;
DnBuffer2[shift]=1;
}
if (trend==-2)
{
UpBuffer1[shift]=0;
UpBuffer2[shift]=0;
DnBuffer1[shift]=1;
DnBuffer2[shift]=0;
}
}
return(0);
}
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