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Dynamic Trend Indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=1839
Forum: 17 · Topic 1839 · 8 post(s)
Dynamic Trend Indicator
Alexander.Gettinger · Tue Aug 17, 2010 2:51 am
Code: Select all `function Init() indicator:name(“Dynamic Trend Indicator”); indicator:description(“Dynamic Trend Indicator”); indicator:requiredSource(core.Bar); indicator:type(core.Indicator); indicator.parameters:addInteger(“Percent”, “Percent”, “Percent”, 1); indicator.parameters:addInteger(“MaxPeriod”, “MaxPeriod”, “MaxPeriod”, 14);
indicator.parameters:addColor(“clrLine”, “Color of line”, “Color of line”, core.rgb(0, 255, 0)); indicator.parameters:addColor(“clrUP”, “UP color”, “UP color”, core.rgb(255, 0, 0)); indicator.parameters:addColor(“clrDN”, “DN color”, “DN color”, core.rgb(0, 0, 255)); end
local first; local source = nil; local Percent; local MaxPeriod;
function Prepare() source = instance.source; Percent=instance.parameters.Percent; MaxPeriod=instance.parameters.MaxPeriod; first = source:first()+2; local name = profile:id() .. “(“ .. source:name() .. “, “ .. instance.parameters.Percent .. “, “ .. instance.parameters.MaxPeriod .. “)”; instance:name(name); LineBuff = instance:addStream(“Line”, core.Line, name .. “.Line”, “Line”, instance.parameters.clrLine, first); buffUp = instance:createTextOutput (“Up”, “Up”, “Wingdings”, 10, core.H_Center, core.V_Center, instance.parameters.clrUP, first); buffDn = instance:createTextOutput (“Dn”, “Dn”, “Wingdings”, 10, core.H_Center, core.V_Center, instance.parameters.clrDN, first); end
function Update(period, mode) if (period>first+MaxPeriod) then if source.close[period]<LineBuff[period-1] then LineBuff[period]=core.max(source.close,core.rangeTo(period-1,MaxPeriod))-Percentsource:pipSize(); else LineBuff[period]=core.min(source.close,core.rangeTo(period-1,MaxPeriod))+Percentsource:pipSize(); end if source.close[period-3]>LineBuff[period-2] and source.close[period-2]<LineBuff[period-3] then buffUp:set(period, source.low[period]-10source:pipSize(), “\225”, “”); end if source.close[period-2]<LineBuff[period-1] and source.close[period-2]>LineBuff[period-3] then buffDn:set(period, source.high[period]-10source:pipSize(), “\226”, “”); end end end`
Re: Dynamic Trend Indicator
Hybrid · Tue Aug 17, 2010 11:55 am
Thank you for your work on this Indicator, Alexander.
Quick question:
Is this version a translation of the code I provided in my request, or the link to the trade-profit website?
Re: Dynamic Trend Indicator
Alexander.Gettinger · Wed Aug 18, 2010 8:33 pm
This is a translation of the MT4 code.
Re: Dynamic Trend Indicator
bonnevie · Sun Sep 19, 2010 7:25 pm
Alexander,
Is it possible to get a MTF version, so we can choose to have the indi show trend for a different TF than the chart it’s on?
Thanks in advance, bonnevie
Re: Dynamic Trend Indicator
Apprentice · Mon Sep 20, 2010 1:26 am
Added to development cue.
Re: Dynamic Trend Indicator
Apprentice · Mon Sep 20, 2010 5:38 am
Requested and the indicator can be found here. viewtopic.php?f=17&t=2223
Re: Dynamic Trend Indicator
Apprentice · Fri Jan 20, 2017 6:53 am
Indicator was revised and updated.
Re: Dynamic Trend Indicator
Apprentice · Mon Feb 05, 2018 8:19 am
The Indicator was revised and updated.