//+------------------------------------------------------------------+ //| MACFibo.mq4 | //| Dinesh Yadav | //| dineshydv@gmail.com | //+------------------------------------------------------------------+ #property copyright "Dinesh Yadav" #property link "dineshydv@gmail.com" // based on MAC-Fibo system #property indicator_chart_window extern string MA_Mode_Types="0=SMA; 1=EMA; 2=SMMA; 3=LWMA;"; extern int Fast_MA=5; extern int Fast_Mode=1; extern int Slow_MA=20; extern int Slow_Mode=0; extern color Long_Entry_Clr=Blue; extern color Shrt_Entry_Clr=Red; double CrossUP[], CrossDN[]; int bars_snc_dn_strtd=0,bars_snc_up_strtd=0; double POINT_A, POINT_B; string TRADE; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { return(0); } //+------------------------------------------------------------------+ //| Custom indicator deinitialization function | //+------------------------------------------------------------------+ int deinit() { ObjectsDeleteAll(); return(0); } //+------------------------------------------------------------------+ //| Custom indicator iteration function | //+------------------------------------------------------------------+ int start() { int i, counter; double MA5_now, MA20_now, MA5_prv, MA20_prv, MA5_aft, MA20_aft; 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--; int limit=Bars-counted_bars; double this_trnd_low=99999, this_trnd_high=0; for(i=limit; i>=0; i--) //for(i=100; i>=0; i--) { counter=i; Range=0; AvgRange=0; for (counter=i ;counter<=i+9;counter++) { AvgRange=AvgRange+MathAbs(High[counter]-Low[counter]); } Range=AvgRange/10; MA5_now = iMA(NULL, 0, Fast_MA, 0, Fast_Mode, PRICE_CLOSE, i); MA5_prv = iMA(NULL, 0, Fast_MA, 0, Fast_Mode, PRICE_CLOSE, i+1); MA5_aft = iMA(NULL, 0, Fast_MA, 0, Fast_Mode, PRICE_CLOSE, i-1); MA20_now = iMA(NULL, 0, Slow_MA, 0, Slow_Mode, PRICE_CLOSE, i); MA20_prv = iMA(NULL, 0, Slow_MA, 0, Slow_Mode, PRICE_CLOSE, i+1); MA20_aft = iMA(NULL, 0, Slow_MA, 0, Slow_Mode, PRICE_CLOSE, i-1); // 5EMA cross above 20SMA UP if((MA5_now > MA20_now) && (MA5_prv < MA20_prv) && (MA5_aft > MA20_aft)) { TRADE="BUY"; //Print("MA Cross UP : bars_snc_dn_strtd ", bars_snc_dn_strtd); int low_bar_shft=iLowest(NULL,0,MODE_LOW,bars_snc_dn_strtd,i); //CrossUP[i] = Low[i] - Range*0.5; Trend="UP"; POINT_A=Close[i]; POINT_B=Low[low_bar_shft]; // Draw POINT_A, POINT_B and connecting line //Print("POINT_A: ",POINT_A," POINT_B: ", POINT_B, " Drawing Line."); DrawObjects("MACFIBO-A "+i, i+1, POINT_A, i-1, POINT_A, Long_Entry_Clr, 3 ); DrawObjects("MACFIBO-B "+i, low_bar_shft+1, POINT_B, low_bar_shft-1, POINT_B, Long_Entry_Clr, 3 ); DrawObjects("MACFIBO-Line "+i, low_bar_shft, POINT_B, i, POINT_A, Long_Entry_Clr, 3 ); } // 5EMA cross below 20SMA DN else if ((MA5_now < MA20_now) && (MA5_prv > MA20_prv) && (MA5_aft < MA20_aft)) { TRADE="SELL"; //Print("MA Cross DN : bars_snc_up_strtd ", bars_snc_up_strtd); int High_bar_shft=iHighest(NULL,0,MODE_HIGH,bars_snc_up_strtd,i); //CrossDN[i] = Low[i] + Range*0.5; Trend="DN"; POINT_A=Close[i]; POINT_B=High[High_bar_shft]; // Draw POINT_A, POINT_B and connecting line //Print("POINT_A: ",POINT_A," POINT_B: ", POINT_B, " Drawing Line."); DrawObjects("MACFIBO-A "+i, i+1, POINT_A, i-1, POINT_A, Shrt_Entry_Clr, 3 ); DrawObjects("MACFIBO-B "+i, High_bar_shft+1, POINT_B, High_bar_shft-1, POINT_B, Shrt_Entry_Clr, 3 ); DrawObjects("MACFIBO-Line "+i, High_bar_shft, POINT_B, i, POINT_A, Shrt_Entry_Clr, 3 ); } else { TRADE="NA"; } if( MA5_now < MA20_now ) // Trend is DN { bars_snc_up_strtd=0; bars_snc_dn_strtd++; //Print("MA DN : bars_snc_dn_strtd ", bars_snc_dn_strtd); } else if( MA5_now > MA20_now ) // Trend is UP { bars_snc_up_strtd++; bars_snc_dn_strtd=0; //Print("MA UP : bars_snc_up_strtd ", bars_snc_up_strtd); } } return(0); } void DrawObjects(string ObjName, int shft_bgn, double Price_Bgn, int shft_end, double Price_End, color clr, int wdth) { ObjectDelete(ObjName); ObjectCreate(ObjName, OBJ_TREND, 0, Time[shft_bgn], Price_Bgn, Time[shft_end], Price_End ); ObjectSet(ObjName, OBJPROP_WIDTH, wdth); ObjectSet(ObjName,OBJPROP_RAY,false); ObjectSet(ObjName,OBJPROP_STYLE,STYLE_SOLID); ObjectSet(ObjName,OBJPROP_COLOR,clr); } //+------------------------------------------------------------------+