//+------------------------------------------------------------------+ //| StochCandles.mq4 | //| Colored Candles, based on Stochastic Signal | //+------------------------------------------------------------------+ #property copyright "Copyright © 2007, Christof Risch (iya)" #property link "http://www.forexfactory.com/showthread.php?t=13321" //---- #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("Colored Candles: Stoch("+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,MODE_HIGH,i); low =iMA(NULL,0,HAMA_Period,0,HAMA_Method,MODE_LOW,i); open =iMA(NULL,0,HAMA_Period,0,HAMA_Method,MODE_OPEN,i); close =iMA(NULL,0,HAMA_Period,0,HAMA_Method,MODE_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-1-IndicatorCounted(),1); 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); } //+------------------------------------------------------------------+