By default, this indicator displays nine values of two different Moving Averages (МА) for the current timeframe, a difference between previous sequential МА values and a difference between MAs in points. You can set the data display with positive or negative offsets and/or rounded to required decimal digits. Displaying the values for zero (current) bar is not supported.
It can be used to simply display the Open and/or High, and/or Low, and/or Close marks of the bars and the deltas between them (including, for example, the ones for the display of the candlestick/bar sizes from High to Low).
There is the same indicator in the Code Base for the MetaTrader 5.
For the values of МА marks (or bars) and deltas between the subsequent adjacent values, the colors in the indicator table change automatically. Different colors apply for the value changes to greater, lesser and/or equal. The change of color of the delta values between the two moving averages (bars or offsets) themselves is not provided. The calculation and modification of values take place when a new bar/bars arrive, when the indicator parameters change, when there is a change in the timeframe or in the symbol of the chart the indicator is attached to.
If nine values in each table row by X axis is too much or too low, then to change the number of cells and thus the amount of calculated and displayed data, you need to change 9 to positive number >= 2 in this line of code:
#define ARRAY_SIZE_X 9
Note: The table heading shows the bar numbers, for which the indicator displays the MA values. In the indicator parameters, you can change the starting bar number to any positive non-zero value.
The reason for not including the zero bar is that it didn't require to display constantly changing data for the current (zero) bar. However, if you require to display data (results) changing with every tick for a currently forming bar, you need to implement a slightly different code structure.
The code attached here consumes computing resources sparingly, also at the cost of multiple condition checks and limitations specified in the code, and does not calculate and recalculate the values of the MA and deltas on every tick.
In fact, the limitation for current (zero) bars applies only to values in the table. So you can, if required, add lines to the code, for example, to implement notifications (alerts etc.) triggering when the current price breaks through certain values from the table, previously set as separate global variables. You can also trigger the notifications when certain "new" values from the table are less than/greater than or equal to certain "old" values. Also, you can replace the existing MA or bar mark calculations with some other required calculations.
Note: Tooltips with parameter values will display only if the "Show object descriptions" option is turned on in the chart properties.
Note: To make the indicator display Open and/or High and/or Low and/or Close of adjacent bars and differences between them instead of MA calculations, you need to set the following MA values in the input parameters:
With this set of parameters, the indicator will calculate values directly by bar marks, without calling the iMA function.
- Period Moving Averages... = 1;
- MA method...= MODE_SMA;
- Apply to... = PRICE_OPEN or PRICE_HIGH, or PRICE_LOW, or PRICE_CLOSE.
Note: Line colors depend on the direction of the first calculated bar values, which is set in the line: "Shift (bar for first value):". The indicator lines are plotted 1 bar longer deep into the chart than the number of МА values in the table (this allows to see which mark the last bar in the table is compared with).
Version 1.81 of 05.08.2015:
Adjustments to the code, which did not increase or reduce the capabilities of the indicator. Conducted to increase the similarity to the code of the same indicator for MetaTrader 5 (also to increase the code correctness and thriftiness of its operation).
Version 1.86 of 25.09.2015:
bool CheckInput(int period,string text)
Traducción del ruso realizada por MetaQuotes Software Corp.
Artículo original: https://www.mql5.com/ru/code/13266
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