Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=1289
Forum: 17 · Topic 1289 · 4 post(s)
Alexander.Gettinger · Wed Jun 09, 2010 3:58 am
Calculates multiple moving averages trend, looking for divergence, start of reversal and strong trends. Default configuration: 36 moving averages series trends compared each other. If indicator value is 36 or -36 indicates a strong rise/fall trend.

Code: Select all `function Init() indicator:name(“Figurelli Series indicator”); indicator:description(“Figurelli Series indicator”); indicator:requiredSource(core.Bar); indicator:type(core.Oscillator); indicator.parameters:addInteger(“series”, “series”, “series”, 36); indicator.parameters:addInteger(“interval”, “interval”, “interval”, 6);
indicator.parameters:addColor(“clr”, “Color”, “Color”, core.rgb(0, 0, 255)); end
local first; local source = nil; local series; local interval; local FS=nil;
function Prepare() source = instance.source; series=instance.parameters.series; interval=instance.parameters.interval; first = source:first()+2; local name = profile:id() .. “(“ .. source:name() .. “, “ .. instance.parameters.series .. “, “ .. instance.parameters.interval .. “)”; instance:name(name); FS = instance:addStream(“FS”, core.Bar, name .. “.FS”, “FS”, instance.parameters.clr, first); FS:addLevel(0); end
function Update(period, mode) if (period>first+intervalseries) then local tot_Ask=0; local tot_Bid=0; local sma; for i=0,series-1,1 do sma=core.avg(source.close,core.rangeTo(period,interval(1+i))); if source.close[period]<sma then tot_Ask=tot_Ask+1; end if source.close[period]>sma then tot_Bid=tot_Bid+1; end end local tot=tot_Bid-tot_Ask; FS[period]=tot; end end`
The indicator was revised and updated
Coondawg71 · Wed Apr 24, 2013 8:39 pm
Can we please request the Strategy for this indicator converted to Lua.
Thanks,
sjc
http://www.mql5.com/en/code/1641
Apprentice · Thu Apr 25, 2013 4:36 am
Your request is added to the development list.
Apprentice · Thu May 11, 2017 1:46 pm
Indicator was revised and updated.