Candle Color by Popov
51481 downloads / 4923 views / Created: 06.06.2015 Average Rating: 5
Indicator Description
This indicator detects Bullish and Bearish candles. It takes two parameters: minimum body height and minimum consecutive candles.
Forum topic: Candle Color
Forum topic: Candle Color
Comments
//==============================================================
// Forex Strategy Builder
// Copyright © Miroslav Popov. All rights reserved.
//==============================================================
// THIS CODE IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND,
// EITHER EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO
// THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR
// A PARTICULAR PURPOSE.
//==============================================================
using System;
using System.Drawing;
using ForexStrategyBuilder.Infrastructure.Entities;
using ForexStrategyBuilder.Infrastructure.Enums;
using ForexStrategyBuilder.Infrastructure.Interfaces;
namespace ForexStrategyBuilder.Indicators.Custom
{
public class CandleColor : Indicator
{
public CandleColor()
{
IndicatorName = "Candle Color";
PossibleSlots = SlotTypes.OpenFilter | SlotTypes.CloseFilter;
IndicatorAuthor = "Miroslav Popov";
IndicatorVersion = "1.1";
IndicatorDescription = "Detects bullish and bearish candles.";
}
public override void Initialize(SlotTypes slotType)
{
SlotType = slotType;
// The ComboBox parameters
IndParam.ListParam[0].Caption = "Logic";
IndParam.ListParam[0].ItemList = new[]
{
"Bullish Candle formed",
"Bearish Candle formed"
};
IndParam.ListParam[0].Index = 0;
IndParam.ListParam[0].Text = IndParam.ListParam[0].ItemList[IndParam.ListParam[0].Index];
IndParam.ListParam[0].Enabled = true;
IndParam.ListParam[0].ToolTip = "Gives a signal when a candle is formed.";
IndParam.ListParam[1].Caption = "Base price";
IndParam.ListParam[1].ItemList = new[]{"Bar range"};
IndParam.ListParam[1].Index = 0;
IndParam.ListParam[1].Text = IndParam.ListParam[1].ItemList[IndParam.ListParam[1].Index];
IndParam.ListParam[1].Enabled = true;
IndParam.ListParam[1].ToolTip = "The indicator uses the bar range.";
// The NumericUpDown parameters
IndParam.NumParam[0].Caption = "Min body height [pips]";
IndParam.NumParam[0].Value = 5;
IndParam.NumParam[0].Min = 1;
IndParam.NumParam[0].Max = 200;
IndParam.NumParam[0].Enabled = true;
IndParam.NumParam[0].ToolTip = "Minimum required body height in pips.";
IndParam.NumParam[1].Caption = "Consecutive candles";
IndParam.NumParam[1].Value = 1;
IndParam.NumParam[1].Min = 1;
IndParam.NumParam[1].Max = 10;
IndParam.NumParam[1].Enabled = true;
IndParam.NumParam[1].ToolTip = "Gives a signal if there are consecutive candles.";
// The CheckBox parameters
IndParam.CheckParam[0].Caption = "Use previous bar value";
IndParam.CheckParam[0].Enabled = true;
IndParam.CheckParam[0].ToolTip = "Use the indicator value from the previous bar.";
}
public override void Calculate(IDataSet dataSet)
{
DataSet = dataSet;
// Reading the parameters
var minHeight = (int) IndParam.NumParam[0].Value;
var consecutive = (int) IndParam.NumParam[1].Value;
int previous = IndParam.CheckParam[0].Checked ? 1 : 0;
int firstBar = 2 + consecutive + previous;
var whiteCandles = new int[Bars];
var blackCandles = new int[Bars];
var pipVal = dataSet.Properties.Pip*minHeight;
for (int b = 1 + previous; b < Bars; b++)
{
if (Close[b - previous] - Open[b - previous] >= pipVal)
whiteCandles[b] = whiteCandles[b - 1] + 1;
if (Open[b - previous] - Close[b - previous] >= pipVal)
blackCandles[b] = blackCandles[b - 1] + 1;
}
// Saving the components
Component = new IndicatorComp[2];
Component[0] = new IndicatorComp
{
ChartType = IndChartType.NoChart,
FirstBar = firstBar,
Value = new double[Bars]
};
Component[1] = new IndicatorComp
{
ChartType = IndChartType.NoChart,
FirstBar = firstBar,
Value = new double[Bars]
};
// Sets the Component's type
if (SlotType == SlotTypes.OpenFilter)
{
Component[0].DataType = IndComponentType.AllowOpenLong;
Component[0].CompName = "Is long entry allowed";
Component[1].DataType = IndComponentType.AllowOpenShort;
Component[1].CompName = "Is short entry allowed";
}
else if (SlotType == SlotTypes.CloseFilter)
{
Component[0].DataType = IndComponentType.ForceCloseLong;
Component[0].CompName = "Close out long position";
Component[1].DataType = IndComponentType.ForceCloseShort;
Component[1].CompName = "Close out short position";
}
if(IndParam.ListParam[0].Text == "Bullish Candle formed")
for (int b = firstBar; b < Bars; b++)
{
Component[0].Value[b] = whiteCandles[b] >= consecutive ? 1 : 0;
Component[1].Value[b] = blackCandles[b] >= consecutive ? 1 : 0;
}
else if(IndParam.ListParam[0].Text == "Bearish Candle formed")
for (int b = firstBar; b < Bars; b++)
{
Component[1].Value[b] = whiteCandles[b] >= consecutive ? 1 : 0;
Component[0].Value[b] = blackCandles[b] >= consecutive ? 1 : 0;
}
}
public override void SetDescription()
{
var consecutive = (int) IndParam.NumParam[1].Value;
string white = consecutive == 1
? "a bullish candle is formed"
: consecutive + " bullish candles are formed";
string black = consecutive == 1
? "a bearish candle is formed"
: consecutive + " bearish candles are formed";
switch (IndParam.ListParam[0].Text)
{
case "Bullish Candle formed":
EntryFilterLongDescription = white;
EntryFilterShortDescription = black;
ExitFilterLongDescription = white;
ExitFilterShortDescription = black;
break;
case "Bearish Candle formed":
EntryFilterLongDescription = black;
EntryFilterShortDescription = white;
ExitFilterLongDescription = black;
ExitFilterShortDescription = white;
break;
}
}
}
}
//+--------------------------------------------------------------------+ //| Copyright: (C) 2014 Forex Software Ltd. | //| Website: http://forexsb.com/ | //| Support: http://forexsb.com/forum/ | //| License: Proprietary under the following circumstances: | //| | //| This code is a part of Forex Strategy Builder. It is free for | //| use as an integral part of Forex Strategy Builder. | //| One can modify it in order to improve the code or to fit it for | //| personal use. This code or any part of it cannot be used in | //| other applications without a permission. | //| The contact information cannot be changed. | //| | //| NO LIABILITY FOR CONSEQUENTIAL DAMAGES | //| | //| In no event shall the author be liable for any damages whatsoever | //| (including, without limitation, incidental, direct, indirect and | //| consequential damages, damages for loss of business profits, | //| business interruption, loss of business information, or other | //| pecuniary loss) arising out of the use or inability to use this | //| product, even if advised of the possibility of such damages. | //+--------------------------------------------------------------------+ #property copyright "Copyright (C) 2014 Forex Software Ltd." #property link "http://forexsb.com" #property version "1.1" #property strict #include <Forexsb.com/Indicator.mqh> #include <Forexsb.com/Enumerations.mqh> //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ class CandleColor : public Indicator { public: CandleColor(SlotTypes slotType) { SlotType=slotType; IndicatorName="Candle Color"; WarningMessage = ""; IsAllowLTF = true; ExecTime = ExecutionTime_DuringTheBar; IsSeparateChart = false; IsDiscreteValues = false; IsDeafultGroupAll = false; } virtual void Calculate(DataSet &dataSet); }; //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ void CandleColor::Calculate(DataSet &dataSet) { Data=GetPointer(dataSet); // Reading the parameters int minHeight = (int) NumParam[0].Value; int consecutive = (int) NumParam[1].Value; int previous = CheckParam[0].Checked ? 1 : 0; int firstBar = 2 + consecutive + previous; int whiteCandles[];ArrayResize(whiteCandles,Data.Bars);ArrayInitialize(whiteCandles,0); int blackCandles[];ArrayResize(blackCandles,Data.Bars);ArrayInitialize(blackCandles,0); double pipVal = dataSet.Pip*minHeight; for (int b = 1 + previous; b < dataSet.Bars; b++) { if (Data.Close[b - previous] - Data.Open[b - previous] >= pipVal) whiteCandles[b] = whiteCandles[b - 1] + 1; if (Data.Open[b - previous] - Data.Close[b - previous] >= pipVal) blackCandles[b] = blackCandles[b - 1] + 1; } // Saving the components ArrayResize(Component[0].Value,Data.Bars); ArrayInitialize(Component[0].Value,0); Component[0].FirstBar=firstBar; ArrayResize(Component[1].Value,Data.Bars); ArrayInitialize(Component[1].Value,0); Component[1].FirstBar=firstBar; // Sets the Component's type. if(SlotType==SlotTypes_OpenFilter) { Component[0].DataType = IndComponentType_AllowOpenLong; Component[0].CompName = "Is long entry allowed"; Component[1].DataType = IndComponentType_AllowOpenShort; Component[1].CompName = "Is short entry allowed"; } else if(SlotType==SlotTypes_CloseFilter) { Component[0].DataType = IndComponentType_ForceCloseLong; Component[0].CompName = "Close out long position"; Component[1].DataType = IndComponentType_ForceCloseShort; Component[1].CompName = "Close out short position"; } if(ListParam[0].Text == "Bullish Candle formed") for (int b = firstBar; b < Data.Bars; b++) { Component[0].Value[b] = whiteCandles[b] >= consecutive ? 1 : 0; Component[1].Value[b] = blackCandles[b] >= consecutive ? 1 : 0; } else if(ListParam[0].Text == "Bearish Candle formed") for (int b = firstBar; b < Data.Bars; b++) { Component[1].Value[b] = whiteCandles[b] >= consecutive ? 1 : 0; Component[0].Value[b] = blackCandles[b] >= consecutive ? 1 : 0; } } //+------------------------------------------------------------------+
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