//+------------------------------------------------------------------+ //| J_TPO_OSC.mq4 | //| Copyright © 2005, | //| | //+------------------------------------------------------------------+ // // This is the dual oscillator using J_TPO. // It uses two distinct timescales. If both are positive that is a trend buy, // if both are negative a trend sell, and mixed, neutral. // // Matt (mbkennel@gmail.com) // // This code is released under the terms of the GNU General Public License V2 // #property copyright "Copyright © 2005" #property link "www.metatrader.org" #property indicator_separate_window #property indicator_buffers 4 #property indicator_color1 DodgerBlue #property indicator_color2 White #property indicator_color3 Green #property indicator_color4 Red #property indicator_maximum 100 #property indicator_minimum -100 //---- input parameters extern int LenShort=23; extern int LenLong=39; //---- buffers double ExtMapBuffer1[]; double ExtMapBuffer2[]; double ExtMapBuffer3[]; double ExtMapBuffer4[]; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- indicators SetIndexStyle(0,DRAW_LINE); SetIndexBuffer(0, ExtMapBuffer1); SetIndexStyle(1,DRAW_LINE); SetIndexBuffer(1, ExtMapBuffer2); SetIndexStyle(2,DRAW_HISTOGRAM); SetIndexBuffer(2, ExtMapBuffer3); SetIndexStyle(3,DRAW_HISTOGRAM); SetIndexBuffer(3, ExtMapBuffer4); //---- return(0); } //+------------------------------------------------------------------+ //| J_TPO indicatop | //+------------------------------------------------------------------+ int start() { int limit; 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--; limit=MathMin(Bars-counted_bars+1,Bars-LenLong-1); if ((LenLong < 3) || (LenShort <3)) { Print("J_TPO_CD: lengths must be at least 3"); return(0); // } double sqrtLenShort = MathSqrt(LenShort+0.0); double sqrtLenLong = MathSqrt(LenLong+0.0); for (int i=limit; i>=0; i--) { double J1, J2, diff; J1 = J_TPO_value(Close,LenShort,i); J2 = J_TPO_value(Close,LenLong,i); ExtMapBuffer1[i]=J1*100.0; ExtMapBuffer2[i]=J2*100.0; if (J1*J2 >= 0.0) { // same sign. if (J1 > 0.0) { ExtMapBuffer3[i] = 50.0; ExtMapBuffer4[i] = 0.0; } else if (J1 < 0.0) { ExtMapBuffer3[i] = 0.0; ExtMapBuffer4[i] = -50.0; } } else { ExtMapBuffer3[i] = 0.0; ExtMapBuffer4[i] = 0.0; } } //---- done return(0); } //+------------------------------------------------------------------+ double J_TPO_value(double input[], int Len, int shift) { // // compute the J_TPO function on input[shift], looking back up to Len data previous // double value, normalization, Lenp1half; double accum, tmp, maxval; int j, maxloc, m; double arr1[], arr2[], arr3[]; bool flag; accum=0; ArrayResize(arr1,Len+1); ArrayResize(arr2,Len+1); ArrayResize(arr3,Len+1); for (m=1; m<=Len; m++) { arr2[m] = m; arr3[m] = m; arr1[m] = input[shift+Len-m]; } // sort arr1[] in ascending order, arr2[] is the permutation index // Note, this is a poor quadratic search, and will not scale well with Len for (m=1; m<=(Len-1); m++) { // // find max value & its location in arr1 [m..m+Len] // maxval = arr1[m]; maxloc = m; for (j=m+1; j<=Len; j++) { if (arr1[j] < maxval) { maxval = arr1[j]; maxloc = j; } } // // Swap arr1[m] with its max value // amd similarly for arr2. tmp = arr1[m]; arr1[m] = arr1[maxloc]; arr1[maxloc] = tmp; tmp = arr2[m]; arr2[m] = arr2[maxloc]; arr2[maxloc] = tmp; } // // arr3[1..Len] is nominally 1..m, but this here adjusts for // ties. m = 1; while (m < Len) { // Search for repeated values. j = m + 1; flag = true; accum = arr3[m]; while (flag) { if (arr1[m] != arr1[j]){ if ((j - m) > 1) { // a streak of repeated values was found // and so replace arr3[] for those with // its average accum = accum/(j - m); for (int n=m; n<=(j-1); n++) arr3[n] = accum; } flag = false; } else { accum += arr3[j]; j++; } // if } // while flag m = j; } // while (Len > m) // This is the real guts of the J_TPO // it is a simple statistic to see if the ranks, when applied in sorted order are // "correlated" with 1..Len, a simple cross correlation of ranks. // so if they are sorted then this gives 1, and if they are anti-sorted they give -1 // and similarly for intermediate values. normalization = 12.0 / (Len*(Len-1)*(Len+1)); Lenp1half = (Len + 1) * 0.5; for (accum=0,m=1; m<=Len; m++) { // Print("m="+m+"Arr2[m] ="+arr2[m]+" arr3[m]="+arr3[m]); accum += (arr3[m] - Lenp1half) * (arr2[m] - Lenp1half); } value = normalization * accum; // Print("JTPO_B: accum = "+accum+" norm = "+normalization); return(value); }