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Spread_Normalized
//+------------------------------------------------------------------+
//| Spread Normalized.mq4 |
//| Vangabestia 69 |
//| http://www.automatikforex.blogspot.com |
//+------------------------------------------------------------------+
#property copyright "Vangabestia 69"
#property link "http://www.automatikforex.blogspot.com"
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Red
//---- input parameters
extern int MAPeriod = 20;
extern string FirstMarket = "EURUSD";
extern string SecondMarket = "AUDUSD";
extern bool MarketsDirectCorrelation = true;
//---- buffers
double SpreadMod[];
double Spread[];
double SPRSMA[];
double Cov[];
double sDev[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string Correlation = "Invert Correlation";
if(MarketsDirectCorrelation == TRUE)
Correlation = "Direct Correlation";
IndicatorShortName("SpreadMod(" + MAPeriod + "," + FirstMarket + "," + SecondMarket + "," + Correlation + ")");
IndicatorDigits(Digits + 2);
IndicatorBuffers(5);
SetIndexBuffer(0, SpreadMod);
SetIndexBuffer(1, Spread);
SetIndexBuffer(2, SPRSMA);
SetIndexBuffer(3, Cov);
SetIndexBuffer(4, sDev);
SetIndexStyle(0, DRAW_LINE);
SetIndexLabel(0, "SpreadMod");
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int i, 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--;
int limit = Bars - counted_bars;
if(MarketsDirectCorrelation == TRUE)
{
for(i = 0; i < limit; i++)
Spread[i] = iClose(SecondMarket, 0, i) - iClose(FirstMarket, 0, i);//Close[i];
}
else
{
for(i = 0; i < limit; i++)
Spread[i] = iClose(FirstMarket, 0, i) - iClose(SecondMarket, 0, i);
}
for(i = limit - 1; i >= 0; i--)
{ //Spread[i] = iClose(SecondMarket, 0, i) - Close[i];
SPRSMA[i] = iMAOnArray(Spread, 0, MAPeriod, 0, MODE_SMA, i);
Cov[i]=(Spread[i])*(Spread[i]);
sDev[i]=MathSqrt(Cov[i]/MAPeriod);
SpreadMod[i] =-((Spread[i]-SPRSMA[i])/sDev[i]) ;
}
//----
return(0);
}
//+------------------------------------------------------------------+
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