Indicators Used
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trend_candles
#property copyright ""
#property link ""
//----
#property indicator_chart_window
#property indicator_buffers 8
//----
#property indicator_color1 Green
#property indicator_color2 Red
#property indicator_color3 Lime
#property indicator_color4 Tomato
#property indicator_color5 Green
#property indicator_color6 Red
#property indicator_color7 Lime
#property indicator_color8 Tomato
#property indicator_width1 1
#property indicator_width2 1
#property indicator_width3 1
#property indicator_width4 1
#property indicator_width5 3
#property indicator_width6 3
#property indicator_width7 3
#property indicator_width8 3
//---- stoch settings
extern int Stoch_K =30,
Stoch_D =10,
Stoch_Slowing =10,
Overbought =80,
Oversold =20;
//---- input parameters
extern int BarWidth =1,
CandleWidth =3;
extern bool HeikenAshi =true,
HeikenAshiMA =false;
extern int HAMA_Method =1,
HAMA_Period =3;
//---- buffers
double Bar1[],
Bar2[],
Bar3[],
Bar4[],
Candle1[],
Candle2[],
Candle3[],
Candle4[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorShortName("Trend Candles("+Stoch_K+","+Stoch_D+","+Stoch_Slowing+")");
IndicatorBuffers(8);
SetIndexBuffer(0,Bar1);
SetIndexBuffer(1,Bar2);
SetIndexBuffer(2,Bar3);
SetIndexBuffer(3,Bar4);
SetIndexBuffer(4,Candle1);
SetIndexBuffer(5,Candle2);
SetIndexBuffer(6,Candle3);
SetIndexBuffer(7,Candle4);
SetIndexStyle(0,DRAW_HISTOGRAM,0,BarWidth);
SetIndexStyle(1,DRAW_HISTOGRAM,0,BarWidth);
SetIndexStyle(2,DRAW_HISTOGRAM,0,BarWidth);
SetIndexStyle(3,DRAW_HISTOGRAM,0,BarWidth);
SetIndexStyle(4,DRAW_HISTOGRAM,0,CandleWidth);
SetIndexStyle(5,DRAW_HISTOGRAM,0,CandleWidth);
SetIndexStyle(6,DRAW_HISTOGRAM,0,CandleWidth);
SetIndexStyle(7,DRAW_HISTOGRAM,0,CandleWidth);
return(0);
}
//+------------------------------------------------------------------+
double Stoch_Main (int i=0)
{
return(iStochastic(NULL,0,Stoch_K,Stoch_D,Stoch_Slowing,MODE_SMA,0,MODE_MAIN, i));
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
double Stoch_Signal (int i=0)
{
return(iStochastic(NULL,0,Stoch_K,Stoch_D,Stoch_Slowing,MODE_SMA,0,MODE_SIGNAL,i));
}
//+------------------------------------------------------------------+
void SetCandleColor(int col, int i)
{
double high =High[i],
low =Low[i],
open =Open[i],
close =Close[i],
bodyHigh=MathMax(open,close),
bodyLow =MathMin(open,close);
if(HeikenAshi || HeikenAshiMA)
{
double lastBodyHigh= MathMax(Candle1[i+1],MathMax(Candle2[i+1],MathMax(Candle3[i+1],Candle4[i+1]))),
lastBodyLow =MathMin(Candle1[i+1],MathMin(Candle2[i+1],MathMin(Candle3[i+1],Candle4[i+1])));
if(HeikenAshiMA)
{
high =iMA(NULL,0,HAMA_Period,0,HAMA_Method,PRICE_HIGH,i);
low =iMA(NULL,0,HAMA_Period,0,HAMA_Method,PRICE_LOW,i);
open =iMA(NULL,0,HAMA_Period,0,HAMA_Method,PRICE_OPEN,i);
close =iMA(NULL,0,HAMA_Period,0,HAMA_Method,PRICE_CLOSE,i);
}
double haOpen =0.5*(lastBodyHigh+lastBodyLow),
haClose =0.25*(open+high+low+close);
//----
bodyHigh =MathMax(haOpen,haClose);
bodyLow =MathMin(haOpen,haClose);
high =MathMax(high,bodyHigh);
low =MathMin(low, bodyLow);
}
Bar1[i]=low; Candle1[i]=bodyLow;
Bar2[i]=low; Candle2[i]=bodyLow;
Bar3[i]=low; Candle3[i]=bodyLow;
Bar4[i]=low; Candle4[i]=bodyLow;
switch(col)
{
case 1: Bar1[i]=high; Candle1[i]=bodyHigh; break;
case 2: Bar2[i]=high; Candle2[i]=bodyHigh; break;
case 3: Bar3[i]=high; Candle3[i]=bodyHigh; break;
case 4: Bar4[i]=high; Candle4[i]=bodyHigh; break;
}
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
for(int i=MathMax(Bars-2-IndicatorCounted(),2); i>=0; i--)
{
double stochMain =Stoch_Main(i),
stochSignal =Stoch_Signal(i);
if(stochMain > Overbought) SetCandleColor(3,i);
else if(stochMain < Oversold) SetCandleColor(4,i);
else if(stochMain > stochSignal) SetCandleColor(1,i);
else if(stochMain < stochSignal) SetCandleColor(2,i);
}
//----
return(0);
}
//+------------------------------------------------------------------+
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