How to interpret custom indicator colors to generate signals ?

New comment
 
Hi,

It's a simple question,

I want to write a expert based on a custom indicator.

I use the iCustom() funcrion to call my indicator but differents buffers generate some prices values unusable to generate good signals. The only good indication comes from the indicator color itself.

I looked at the code but no clear color interpretation (I saw it in other ones) if someone want it to help me I can send it.

The problem is I don't understand hot to use the iCustom() function to call a color interpretation, I don't know if I need to modify the custom indicator code, or insert the incicator code in the expert.

Please help. ;)

Tidav

Here is the indicator code : 




//+------------------------------------------------------------------+
//|                                                     Trigger Line |
//|                             Copyright © 2005 dwt5 and adoleh2000 |
//|                                        http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property  copyright "Copyright © 2005 dwt5 and adoleh2000 "
#property  link      "http://www.metaquotes.net/"

//---- indicator settings
#property  indicator_chart_window
#property  indicator_buffers 4            
#property indicator_color1 Red      
#property indicator_color2 Red
#property indicator_color3 Blue
#property indicator_color4 Blue

//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];


int width;

extern int Rperiod = 15;
extern int LSMA_Period = 5;
int Draw4HowLong;
int shift;
int i;
int j;
int loopbegin;
int length;
int lsma_length;

double lengthvar;
double tmp ;
double tmp2 ;
double wt[];
double sum[];
double lsma_sum[];
double lsma_ma[];
double middle[];
int c;

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- 7 additional buffers are used for counting.
   IndicatorBuffers(7);   
   
//---- drawing settings
   
   SetIndexBuffer(0,ExtMapBuffer1);
   SetIndexStyle(0,DRAW_LINE,STYLE_SOLID,2);
   
   SetIndexBuffer(1,ExtMapBuffer2);
   SetIndexStyle(1,DRAW_LINE,STYLE_SOLID,2);
   
   SetIndexBuffer(2,ExtMapBuffer3);
   SetIndexStyle(2,DRAW_LINE,STYLE_SOLID,2);
   
   SetIndexBuffer(3,ExtMapBuffer4);
   SetIndexStyle(3,DRAW_LINE,STYLE_SOLID,2);
   
   
   
   SetIndexBuffer(4,sum);        
   SetIndexBuffer(5,wt);         
   SetIndexBuffer(6,lsma_ma);
   
   
   
//---- initialization done
   return(0);
  }

int start()

  {   Draw4HowLong = Bars-Rperiod - 5;                            //Rperiod = 20
      length = Rperiod;                                           //length now = 20  
      lsma_length = LSMA_Period;
      loopbegin = Draw4HowLong - length - 1;   
      

      for(shift = loopbegin; shift >= 0; shift--)  //  MAIN For Loop
      { 
         sum[1] = 0;                                              
         for(i = length; i >= 1  ; i--)             //LSMA loop
         {
         lengthvar = length + 1;                               //lengthvar = 21  
         lengthvar /= 3;                                       //lengthvar = 7
         tmp = 0;
         tmp = ( i - lengthvar)*Close[length-i+shift];         //tmp = 20 - 7 * close[20-i+shift]
         sum[1]+=tmp;
         }
         wt[shift] = sum[1]*6/(length*(length+1));  
         j = shift;
         lsma_ma[shift] = wt[j+1] + (wt[j]-wt[j+1])* 2/(lsma_length+1);
  
                          
//========== COLOR CODING ===========================================                       
        
        
            ExtMapBuffer1[shift] = wt[shift]; 
            ExtMapBuffer2[shift] = lsma_ma[shift]; 
            ExtMapBuffer3[shift] = wt[shift]; 
            ExtMapBuffer4[shift] = lsma_ma[shift]; 
            
            
            
            if (wt[shift]  < lsma_ma[shift])
            {
                ExtMapBuffer4[shift] = EMPTY_VALUE;
                ExtMapBuffer3[shift] = EMPTY_VALUE;
           }         
        }
        
  }
//+------------------------------------------------------------------+
 
Color is just indicator buffer property. For Red get 0 or 1-st buffer value. For Blue get 2-nd or 3-rd buffer value
 
ok so if i'm right any value in the 1st buffer translate the 'redline' ok while a value in 2nd or 3rd buffer translate a blue line ?

thank you
New comment