Indicators: Mirror_Bands

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Mirror_Bands:

An indicator of bands with a signal line. It has four input parameters:
  • Period - calculation period
  • MA period - MA line calculation period
  • Deviation - deviation, the width of the band
  • Applied price - price used for calculation

Interpretation of the indicator:

Enter a long position, when the MA line crosses the Mirror line upwards

Enter a short position, when the MA line crosses the Mirror line downwards

Author: Scriptor

 
Hi, Scriptor. This is a nice indicator. Could you please create a similar indicator based on LWMA and EMA?
 
FX-Navigator :
Hi, Scriptor. This is a nice indicator. Could you please create a similar indicator based on LWMA and EMA?

Scriptor doesn't answer anyone for a long time. But you can correct the code yourself:

//+------------------------------------------------------------------+
//| Custom indicator initialisation function |
//+------------------------------------------------------------------+
int OnInit()
  {
//--- set global variables
   period=int(InpPeriod<1 ? 1 : InpPeriod);
   period_ma=int(InpPeriodMA<1 ? 1 : InpPeriodMA);
   deviation=InpDeviation;
//--- indicator buffers mapping
   SetIndexBuffer(0,BufferTop,INDICATOR_DATA);
   SetIndexBuffer(1,BufferBottom,INDICATOR_DATA);
   SetIndexBuffer(2,BufferMA,INDICATOR_DATA);
   SetIndexBuffer(3,BufferMirror,INDICATOR_DATA);
   SetIndexBuffer(4,BufferMA1,INDICATOR_CALCULATIONS);
   SetIndexBuffer(5,BufferMAInd,INDICATOR_CALCULATIONS);
//--- setting indicator parameters
   IndicatorSetString(INDICATOR_SHORTNAME,"MBands("+(string)period+","+(string)period_ma+","+DoubleToString(deviation,1)+")");
   IndicatorSetInteger(INDICATOR_DIGITS,Digits());
//--- setting buffer arrays as timeseries
   ArraySetAsSeries(BufferTop,true);
   ArraySetAsSeries(BufferBottom,true);
   ArraySetAsSeries(BufferMA,true);
   ArraySetAsSeries(BufferMirror,true);
   ArraySetAsSeries(BufferMA1,true);
   ArraySetAsSeries(BufferMAInd,true);
//--- create MA's handle
   ResetLastError();
   handle_ma=iMA(NULL,PERIOD_CURRENT,period_ma,0,MODE_SMA,InpAppliedPrice);
   if(handle_ma==INVALID_HANDLE)
     {
      Print("The iMA(",(string)period_ma,") object was not created: Error ",GetLastError());
      return INIT_FAILED;
     }
   ResetLastError();
   handle_ma1=iMA(NULL,PERIOD_CURRENT,1,0,MODE_SMA,InpAppliedPrice);
   if(handle_ma1==INVALID_HANDLE)
     {
      Print("The iMA(1) object was not created: Error ",GetLastError());
      return INIT_FAILED;
     }
   ResetLastError();
   handle_ma_ind=iMA(NULL,PERIOD_CURRENT,period,0,MODE_SMA,InpAppliedPrice);
   if(handle_ma_ind==INVALID_HANDLE)
     {
      Print("The iMA(",(string)period,") object was not created: Error ",GetLastError());
      return INIT_FAILED;
     }
//---
   return(INIT_SUCCEEDED);
  }
//+------------------------------------------------------------------+

Instead of MODE_SMA, enter the desired MODE_EMA or MODE_LWMA

 
Artyom Trishkin:

Scriptor doesn't answer anyone for a long time. But you can correct the code yourself:

Instead of MODE_SMA, enter the desired MODE_EMA or MODE_LWMA

Thanks. I did what you told me, but it did not change.
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