OsMaDivergence

Author: Copyright � 2007, FX5
OsMaDivergence
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OsMaDivergence
//+------------------------------------------------------------------+
//|                                               OsMaDivergence.mq4 |
//|                                                              FX5 |
//|                                                    hazem@uk2.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, FX5"
#property link      "hazem@uk2.net"
//----
#property indicator_separate_window
//#property indicator_chart_window 
#property indicator_buffers 5
#property indicator_color1 LimeGreen
#property indicator_color2 FireBrick
#property indicator_color3 Green
#property indicator_color4 Red
//---- input parameters
extern string    separator1 = "*** OSMA Settings ***";
extern int       fastEMA = 12;
extern int       slowEMA = 26;
extern int       signal = 9;
extern string    separator2 = "*** Indicator Settings ***";
extern bool      drawDivergenceLines = false;
extern bool      displayAlert = false;
//---- buffers
double upOsMA[];
double downOsMA[];
double bullishDivergence[];
double bearishDivergence[];
double OsMA[];
//----
static datetime lastAlertTime;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   //SetIndexStyle(0, DRAW_HISTOGRAM, STYLE_SOLID, 2);
   //SetIndexStyle(1, DRAW_HISTOGRAM, STYLE_SOLID, 2);
   SetIndexStyle(0, DRAW_NONE);
   SetIndexStyle(1, DRAW_NONE);
   //SetIndexStyle(2, DRAW_ARROW);
   //SetIndexStyle(3, DRAW_ARROW);
   SetIndexStyle(2, DRAW_HISTOGRAM, STYLE_SOLID, 2);
   SetIndexStyle(3, DRAW_HISTOGRAM, STYLE_SOLID, 2);
   SetIndexStyle(4, DRAW_NONE);
   //SetIndexStyle(4, DRAW_HISTOGRAM, STYLE_SOLID, 2);
//----   
   SetIndexBuffer(0, upOsMA);
   SetIndexBuffer(1, downOsMA);
   SetIndexBuffer(2, bullishDivergence);
   SetIndexBuffer(3, bearishDivergence);
   SetIndexBuffer(4, OsMA);
//----   
   SetIndexArrow(2, 233);
   SetIndexArrow(3, 234);
//----
   IndicatorDigits(Digits + 2);
   IndicatorShortName("OsMaDivergence(" + fastEMA + "," + slowEMA + "," + signal + ")");
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
{
   for(int i = ObjectsTotal() - 1; i >= 0; i--)
   {
      string label = ObjectName(i);
       
      if(StringSubstr(label, 0, 14) != "DivergenceLine")
         continue;
       
       ObjectDelete(label);   
   }
   
   return(0);
}

//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
{
   int countedBars = IndicatorCounted();
   
   if(countedBars < 0)
       countedBars = 0;
   
   CalculateIndicator(countedBars);
   
   return(0);
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void CalculateIndicator(int countedBars)
{
   for(int i = Bars - countedBars; i >= 0; i--)
   {
      CalculateOsMA(i);
      
      CatchBullishDivergence(i + 2);
      
      CatchBearishDivergence(i + 2);
   }              
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void CalculateOsMA(int i)
{
   OsMA[i] = iOsMA(NULL, 0, fastEMA, slowEMA, signal, PRICE_CLOSE, i);
//----
   if(OsMA[i] > 0)
   {
      upOsMA[i] = OsMA[i];
      downOsMA[i] = 0;
   }
   else 
      if(OsMA[i] < 0)
      {
         downOsMA[i] = OsMA[i];
         upOsMA[i] = 0;   
      }
      else
         {
            upOsMA[i] = 0;
            downOsMA[i] = 0;   
         }         
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void CatchBullishDivergence(int shift)
{
   if(IsIndicatorTrough(shift) == false)
      return;
   
   int currentTrough = shift;
   int lastTrough = GetIndicatorLastTrough(shift);
   
   //bullishDivergence[currentTrough] = 0;
   bullishDivergence[shift] = 0;
   
   if(OsMA[currentTrough] > OsMA[lastTrough] && Low[currentTrough] < Low[lastTrough])
   {
      //bullishDivergence[currentTrough] = OsMA[currentTrough];
      
      bullishDivergence[currentTrough] = 1;
      
      if(drawDivergenceLines == true)
      {
         DrawPriceTrendLine(Time[currentTrough], Time[lastTrough], Low[currentTrough], Low[lastTrough], Green, STYLE_SOLID);
          
         DrawIndicatorTrendLine(Time[currentTrough], Time[lastTrough], OsMA[currentTrough], OsMA[lastTrough], Green, STYLE_SOLID);
      }
        
      if(displayAlert == true)
         DisplayAlert("Classical bullish divergence on: ", currentTrough);  
   }
   
   if(OsMA[currentTrough] < OsMA[lastTrough] && Low[currentTrough] > Low[lastTrough])
   {
      //bullishDivergence[currentTrough] = OsMA[currentTrough];
      
      bullishDivergence[currentTrough] = 2;
      
      if(drawDivergenceLines == true)
      {
         DrawPriceTrendLine(Time[currentTrough], Time[lastTrough], Low[currentTrough], Low[lastTrough], Green, STYLE_DOT);
         
         DrawIndicatorTrendLine(Time[currentTrough], Time[lastTrough], OsMA[currentTrough], OsMA[lastTrough], Green, STYLE_DOT);
      }
      
      if(displayAlert == true)
         DisplayAlert("Reverse bullish divergence on: ", currentTrough);   
   }      
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void CatchBearishDivergence(int shift)
{
   if(IsIndicatorPeak(shift) == false)
       return;
   
   int currentPeak = shift;
   int lastPeak = GetIndicatorLastPeak(shift);
   
   //bearishDivergence[currentPeak] = 0;
   bearishDivergence[shift] = 0;
   
   if(OsMA[currentPeak] < OsMA[lastPeak] && High[currentPeak] > High[lastPeak])
   {
      //bearishDivergence[currentPeak] = OsMA[currentPeak];
      
      bearishDivergence[currentPeak] = -1;
      
      if(drawDivergenceLines == true)
      {
         DrawPriceTrendLine(Time[currentPeak], Time[lastPeak], High[currentPeak], High[lastPeak], Red, STYLE_SOLID);
           
         DrawIndicatorTrendLine(Time[currentPeak], Time[lastPeak], OsMA[currentPeak], OsMA[lastPeak], Red, STYLE_SOLID);
      }
      
      if(displayAlert == true)
         DisplayAlert("Classical bearish divergence on: ", currentPeak);  
   }
   
   if(OsMA[currentPeak] > OsMA[lastPeak] && High[currentPeak] < High[lastPeak])
   {
      //bearishDivergence[currentPeak] = OsMA[currentPeak];
      
      bearishDivergence[currentPeak] = -2;
      
      if(drawDivergenceLines == true)
      {
         DrawPriceTrendLine(Time[currentPeak], Time[lastPeak], High[currentPeak], High[lastPeak], Red, STYLE_DOT);
         
         DrawIndicatorTrendLine(Time[currentPeak], Time[lastPeak], OsMA[currentPeak], OsMA[lastPeak], Red, STYLE_DOT);
      }
      
      if(displayAlert == true)
         DisplayAlert("Reverse bearish divergence on: ", currentPeak);   
   } 
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
bool IsIndicatorPeak(int shift)
{
   if(OsMA[shift] > 0 && OsMA[shift] > OsMA[shift+1] && OsMA[shift] > OsMA[shift-1])
   {
      for(int i = shift + 1; i < Bars; i++)
      {
         if(OsMA[i] < 0)
            return(true);
         
         if(OsMA[i] > OsMA[shift])
            break;            
      }
   }   
   
   return(false);
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
bool IsIndicatorTrough(int shift)
{
   if(OsMA[shift] < 0 && OsMA[shift] < OsMA[shift+1] && OsMA[shift] < OsMA[shift-1])
   {
      for(int i = shift + 1; i < Bars; i++)
      {
         if(OsMA[i] > 0)
            return(true);
         
         if(OsMA[i] < OsMA[shift])
            break;            
      }
   }   
   
   return(false);
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
int GetIndicatorLastPeak(int shift)
{
   for(int i = shift + 5; i < Bars; i++)
   {
      if(OsMA[i] >= OsMA[i+1] && OsMA[i] > OsMA[i+2] && OsMA[i] >= OsMA[i-1] && OsMA[i] > OsMA[i-2])
         return(i);
   }
   
   return(-1);
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
int GetIndicatorLastTrough(int shift)
{  
   for(int i = shift + 5; i < Bars; i++)
   {
      if(OsMA[i] <= OsMA[i+1] && OsMA[i] < OsMA[i+2] && OsMA[i] <= OsMA[i-1] && OsMA[i] < OsMA[i-2])
         return(i);
   }
   
   return(-1);
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void DisplayAlert(string message, int shift)
{
   if(shift <= 2 && Time[shift] != lastAlertTime)
   {
      lastAlertTime = Time[shift];
      
      Alert(message, Symbol(), " , ", Period(), " minutes chart");
   }
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void DrawPriceTrendLine(datetime x1, datetime x2, double y1, double y2, color lineColor, double style)
{
   string label = "DivergenceLine2.1# " + DoubleToStr(x1, 0);
   ObjectDelete(label);
   ObjectCreate(label, OBJ_TREND, 0, x1, y1, x2, y2, 0, 0);
   ObjectSet(label, OBJPROP_RAY, 0);
   ObjectSet(label, OBJPROP_COLOR, lineColor);
   ObjectSet(label, OBJPROP_STYLE, style);
}

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void DrawIndicatorTrendLine(datetime x1, datetime x2, double y1, double y2, color lineColor, double style)
{
   int indicatorWindow = WindowFind("FX5_Divergence_v2.1(" + fastEMA + "," + slowEMA + "," + signal + ")");
   
   if(indicatorWindow < 0)
       return;
       
   string label = "DivergenceLine2.1$# " + DoubleToStr(x1, 0);
   
   ObjectDelete(label);
   ObjectCreate(label, OBJ_TREND, indicatorWindow, x1, y1, x2, y2, 0, 0);
   ObjectSet(label, OBJPROP_RAY, 0);
   ObjectSet(label, OBJPROP_COLOR, lineColor);
   ObjectSet(label, OBJPROP_STYLE, style);
}

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