// Trend Manager.mq4 // Based on indicator sold at traderstradingsystem.com #property indicator_chart_window #property indicator_buffers 2 #property indicator_color1 Red #property indicator_color2 Blue extern int TM_Period = 7; extern int TM_Shift = 2; double SpanA_Buffer[]; double SpanB_Buffer[]; int a_begin; int init() { a_begin=TM_Shift; SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID); SetIndexBuffer(0,SpanB_Buffer); SetIndexDrawBegin(0,TM_Period+a_begin-1); SetIndexLabel(0,"TM_Period+"); SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID); SetIndexBuffer(1,SpanA_Buffer); SetIndexDrawBegin(1,TM_Period+a_begin-1); SetIndexLabel(1,"TM_Period"); return(0); } int start() { int i,k; int counted_bars=IndicatorCounted(); double high,low,price; string sColor; if(Bars<=TM_Period) return(0); if(counted_bars<1) { for(i=1;i<=TM_Period;i++) { SpanA_Buffer[Bars-i]=0; SpanB_Buffer[Bars-i]=0; } } // JUSTIN NOTES // BASICALLY, I THINK THE FORMULA IS TO GO BACK 7 BARS, SUM THE HIGH LOW, DIVIDE BY 2 // THEN GET THAT SAME VALUE, BUT 2 BARS PREVIOUSLY, IF THE FIRST VALUE IS GREATER IT'S A BUY // OTHER WISE IT'S A SELL, IF EQUAL, NEAUTRAL i=Bars-TM_Period; if(counted_bars>TM_Period) i=Bars-counted_bars-1; while(i>=0) { high=High[i]; low=Low[i]; k=i-1+TM_Period; while(k>=i) { price=High[k]; if(highprice) low=price; k--; } SpanA_Buffer[i] = (high+low)/2.0; SpanB_Buffer[i] = SpanA_Buffer[i+TM_Shift]; //Print("Span A Buffer[", i, "] = ", (high+low)/2.0); //Print("Span B Buffer[", i, "] = ", SpanA_Buffer[i+TM_Shift]); //Print("Span A Price = ", SpanA_Buffer[Bars-TM_Period], " -- Span B Price = ", SpanB_Buffer[Bars-TM_Period]); if ( SpanA_Buffer[i] > SpanB_Buffer[i] ) { sColor = "BUY"; } else if ( SpanA_Buffer[i] < SpanB_Buffer[i] ) { sColor = "SELL"; } else { sColor = "NEUTRAL"; } Print(sColor, " -- Bar = ", i, " -- Span A Price (Blue) = ", SpanA_Buffer[i], " -- Span B Price (Red) = ", SpanB_Buffer[i]); i--; } return(0); }