Indicators: MACD with on-chart SR levels
Hi Mladen,
I am testing settings 9,20,3 for binary options. When on candle close oscilator changes color blue to orange with a was bearish candle closing, I sell for twice the time of the current timeframe ( for example at M5 timeframe I sell for 10 minutes ). Opposite is for buying. So far looks quite good. Thank you for making this interesting indicator. Regards, Boris
Thank you
I made more " profit" on my MT5 demo's just using Support and Resistance than other " Indi" I've used in the last several years trading demos ! Thanks Mladen for more of your amazing work . Macd is a natural for support and resistance lines and makes alot of sense when used on my 4 hour eur/usd charts .
please create one for mt4. I made attempt which resulted in blank chart! haha. my crap code attempt...
//------------------------------------------------------------------ #property copyright "© mladen, 2019" #property link "mladenfx@gmail.com" #property description "MACD with support and resistance levels " //------------------------------------------------------------------ #property indicator_separate_window #property indicator_buffers 4 #property indicator_label1 "MACD" #property indicator_type1 DRAW_LINE #property indicator_color1 clrDarkGray #property indicator_width1 2 #property indicator_label2 "MACD" #property indicator_type2 DRAW_LINE #property indicator_color2 clrDeepSkyBlue #property indicator_width2 2 #property indicator_label3 "MACD" #property indicator_type3 DRAW_LINE #property indicator_color3 clrLightSalmon #property indicator_width3 2 #property indicator_label4 "Signal" #property indicator_type4 DRAW_LINE #property indicator_color4 clrGray #property indicator_style4 STYLE_DOT // // // enum enColorOn { col_onSlope, // Change color on macd slope change col_onZero, // Change color on zero cross col_onSignal // Change color on signal line cross }; input int inpPeriodFast = 12; // Fast MACD period input int inpPeriodSlow = 26; // Slow MACD period input int inpPeriodSign = 9; // Signal period input ENUM_APPLIED_PRICE inpPrice = PRICE_CLOSE; // Price input enColorOn inpColorOn = col_onSignal; // Color change mode input string inpUniqueID = "MacdLevels1"; // Unique ID for on chart objects input color inpColorUp = clrDeepSkyBlue; // Color for upper level broken line input color inpColorDown = clrLightSalmon; // Color for lower level broken line input int inpLinesWidth = 2; // Lines width input ENUM_LINE_STYLE inpLinesStyle = STYLE_SOLID; // Lines style // // // double val[],valcA[],valcB[],valcC[],vals[]; double ª_indHandle,ª_indHandle2; //------------------------------------------------------------------ // Custom indicator initialization function //------------------------------------------------------------------ //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int OnInit() { // //--- indicator buffers mapping // IndicatorBuffers(5); IndicatorShortName("MACD S and R"); SetIndexBuffer(0,val,INDICATOR_DATA); SetIndexBuffer(1,valcA,INDICATOR_CALCULATIONS); SetIndexBuffer(2,valcB,INDICATOR_CALCULATIONS); SetIndexBuffer(3,valcC,INDICATOR_CALCULATIONS); SetIndexBuffer(4,vals,INDICATOR_DATA); SetIndexStyle(0,DRAW_LINE); SetIndexStyle(1,DRAW_LINE); SetIndexStyle(2,DRAW_LINE); SetIndexStyle(3,DRAW_LINE); SetIndexStyle(4,DRAW_LINE); ª_indHandle = iMACD(_Symbol,0,inpPeriodFast,inpPeriodSlow,inpPeriodSign,inpPrice,MODE_MAIN,0); if (!_checkHandle(ª_indHandle,"MACD")) { return(INIT_FAILED); } ª_indHandle2 = iMACD(_Symbol,0,inpPeriodFast,inpPeriodSlow,inpPeriodSign,inpPrice,MODE_SIGNAL,0); _srHandler.setUniqueID(inpUniqueID); _srHandler.setLinesStyle(inpLinesStyle); _srHandler.setLinesWidth(inpLinesWidth); _srHandler.setSupportColor(inpColorDown); _srHandler.setResistanceColor(inpColorUp); // //--- indicator short name assignment // IndicatorSetString(INDICATOR_SHORTNAME,"MACD with SR levels ("+(string)inpPeriodFast+","+(string)inpPeriodSlow+","+(string)inpPeriodSign+")"); return (INIT_SUCCEEDED); } // //--- // //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ void OnDeinit(const int reason) { } //------------------------------------------------------------------ // Custom indicator iteration function //------------------------------------------------------------------ //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int OnCalculate(const int rates_total,const int prev_calculated,const datetime &time[], const double &open[], const double &high[], const double &low[], const double &close[], const long &tick_volume[], const long &volume[], const int &spread[]) { ª_indHandle = iMACD(_Symbol,0,inpPeriodFast,inpPeriodSlow,inpPeriodSign,inpPrice,MODE_MAIN,0);// if (!_checkHandle(ª_indHandle,"MACD")) { return(INIT_FAILED); } ª_indHandle2 = iMACD(_Symbol,0,inpPeriodFast,inpPeriodSlow,inpPeriodSign,inpPrice,MODE_SIGNAL,0); /*int _copyCount = rates_total-prev_calculated+1; if(_copyCount>rates_total) _copyCount=rates_total; if(CopyBuffer(ª_indHandle,0,0,_copyCount,val)!=_copyCount) return(prev_calculated); if(CopyBuffer(ª_indHandle,1,0,_copyCount,vals)!=_copyCount) return(prev_calculated);*/ // //--- // int i=(prev_calculated>0?prev_calculated-1:0); for(; i<rates_total && !_StopFlag; i++) { switch(inpColorOn) { case col_onZero : valcA[i] = (val[i]>0) ? 1 :(val[i]<0) ? 2 : 0; break; case col_onSlope : valcB[i] = (i>0) ? (val[i]>val[i-1]) ? 1 :(val[i]<val[i-1]) ? 2 : valcB[i-1] : 0; break; case col_onSignal : valcC[i] = (val[i]>vals[i]) ? 1 :(val[i]<vals[i]) ? 2 : 0; break; } // _srHandler.update(close[i],time[i],valc[i],i,rates_total); } return (rates_total); } //------------------------------------------------------------------ // Custom function(s) //------------------------------------------------------------------ // //--- // //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ class COnChartSR { private : string m_uniqueID; color m_colorSup; color m_colorRes; int m_linesWidth; int m_linesStyle; int m_arraySize; struct sOnChartSRStruct { datetime time; double state; }; sOnChartSRStruct m_array[]; public : COnChartSR() : m_colorSup(clrOrangeRed), m_colorRes(clrMediumSeaGreen), m_linesWidth(1), m_linesStyle(STYLE_SOLID), m_arraySize(-1) { return; } ~COnChartSR() { ObjectsDeleteAll(0,m_uniqueID+":"); ChartRedraw(0); return; } // // // void setUniqueID(string _id) { m_uniqueID = _id; return; } void setSupportColor(color _color) { m_colorSup = _color; return; } void setResistanceColor(color _color) { m_colorRes = _color; return; } void setLinesWidth(int _width) { m_linesWidth = _width; return; } void setLinesStyle(int _style) { m_linesStyle = _style; return; } void update(double price, datetime time, double state, int i, int bars) { if(m_arraySize<bars) { m_arraySize = ArrayResize(m_array,bars+500); if(m_arraySize<bars) return; } // // // string _name = " "; m_array[i].state = state; if(state==0) { m_array[i].time = time; _name = m_uniqueID+":"+(string)m_array[i].time; if(ObjectFind(0,_name)>=0) ObjectDelete(0,_name); } else if(i>0) { if(m_array[i].state!=m_array[i-1].state) { m_array[i].time = time; _name = m_uniqueID+":"+(string)time; ObjectCreate(0,_name,OBJ_TREND,0,0,0); ObjectSetInteger(0,_name,OBJPROP_WIDTH,m_linesWidth); ObjectSetInteger(0,_name,OBJPROP_STYLE,m_linesStyle); ObjectSetInteger(0,_name,OBJPROP_COLOR,(state==1 ? m_colorRes : m_colorSup)); ObjectSetInteger(0,_name,OBJPROP_HIDDEN,true); ObjectSetInteger(0,_name,OBJPROP_BACK,true); ObjectSetInteger(0,_name,OBJPROP_SELECTABLE,false); ObjectSetInteger(0,_name,OBJPROP_RAY,false); ObjectSetInteger(0,_name,OBJPROP_TIME,0,time); ObjectSetInteger(0,_name,OBJPROP_TIME,1,time+PeriodSeconds(_Period)); ObjectSetDouble(0,_name,OBJPROP_PRICE,0,price); ObjectSetDouble(0,_name,OBJPROP_PRICE,1,price); } else { m_array[i].time = m_array[i-1].time; _name = m_uniqueID+":"+(string)m_array[i].time; ObjectSetInteger(0,_name,OBJPROP_TIME,1,time+PeriodSeconds(_Period)); } } else m_array[i].time = time; } }; COnChartSR _srHandler; // //--- // bool _checkHandle(int _handle, string _description) { static int _handles[]; int _size = ArraySize(_handles); bool _answer = (_handle!=INVALID_HANDLE); if(_answer) { ArrayResize(_handles,_size+1); _handles[_size]=_handle; } else { // for(int i=_size-1; i>=0; i--) // IndicatorRelease(_handles[i]); ArrayResize(_handles,0); Alert(_description+" initialization failed"); } return(_answer); } //------------------------------------------------------------------
Is it possible to add MTF to the indicator.
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MACD with on-chart SR levels:
MACD with on-chart SR levels
Author: Mladen Rakic