Sunday, January 12, 2014

ACCELERATOR OSCILLATOR



ACCELERATOR OSCILLATOR: is developed from the Awesome Oscillator, showing the difference between the Awesome Oscillator and the 5-period moving average, showing the speed of change of the Awesome Oscillator, which can be useful to find trend reversals before the Awesome Oscillator does. Accelerator Oscillator is higher than the zero line: the upward movement, Accelerator Oscillator is below the zero line:  the downward movement. Two green (up) bars (one after the other) and the AC is above the zero line: market rises; two red (down) bars (one after the other) and the AC is below the zero line: market declines; the AC is below the zero line, there should be at least three green bars appearing below the zero line to confirm a long position; the AC is above the zero line, there should be at least three red above the zero line to confirm a short position. 


//+------------------------------------------------------------------+
//|                                                  Accelerator.mq4 |
//|                      Copyright © 2005, MetaQuotes Software Corp. |
//|                                       http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
#property  copyright "Copyright © 2005, MetaQuotes Software Corp."
#property  link      "http://www.metaquotes.net/"
//---- indicator settings
#property  indicator_separate_window
#property  indicator_buffers 3
#property  indicator_color1  Black
#property  indicator_color2  Green
#property  indicator_color3  Red
//---- indicator buffers
double     ExtBuffer0[];
double     ExtBuffer1[];
double     ExtBuffer2[];
double     ExtBuffer3[];
double     ExtBuffer4[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- 2 additional buffers are used for counting.
   IndicatorBuffers(5);
//---- drawing settings
   SetIndexStyle(0,DRAW_NONE);
   SetIndexStyle(1,DRAW_HISTOGRAM);
   SetIndexStyle(2,DRAW_HISTOGRAM);
   IndicatorDigits(Digits+2);
   SetIndexDrawBegin(0,38);
   SetIndexDrawBegin(1,38);
   SetIndexDrawBegin(2,38);
//---- 4 indicator buffers mapping
   SetIndexBuffer(0,ExtBuffer0);
   SetIndexBuffer(1,ExtBuffer1);
   SetIndexBuffer(2,ExtBuffer2);
   SetIndexBuffer(3,ExtBuffer3);
   SetIndexBuffer(4,ExtBuffer4);
//---- name for DataWindow and indicator subwindow label
   IndicatorShortName("AC");
   SetIndexLabel(1,NULL);
   SetIndexLabel(2,NULL);
//---- initialization done
   return(0);
  }
//+------------------------------------------------------------------+
//| Accelerator/Decelerator Oscillator                               |
//+------------------------------------------------------------------+
int start()
  {
   int    limit;
   int    counted_bars=IndicatorCounted();
   double prev,current;
   //---- last counted bar will be recounted
   if(counted_bars>0) counted_bars--;
   limit=Bars-counted_bars;
   //---- macd counted in the 1-st additional buffer
   for(int i=0; i<limit; i++)
      ExtBuffer3[i]=iMA(NULL,0,5,0,MODE_SMA,PRICE_MEDIAN,i)-iMA(NULL,0,34,0,MODE_SMA,PRICE_MEDIAN,i);
   //---- signal line counted in the 2-nd additional buffer
   for(i=0; i<limit; i++)
      ExtBuffer4[i]=iMAOnArray(ExtBuffer3,Bars,5,0,MODE_SMA,i);
   //---- dispatch values between 2 buffers
   bool up=true;
   for(i=limit-1; i>=0; i--)
     {
      current=ExtBuffer3[i]-ExtBuffer4[i];
      prev=ExtBuffer3[i+1]-ExtBuffer4[i+1];
      if(current>prev) up=true;
      if(current<prev) up=false;
      if(!up)
        {
         ExtBuffer2[i]=current;
         ExtBuffer1[i]=0.0;
        }
      else
        {
         ExtBuffer1[i]=current;
         ExtBuffer2[i]=0.0;
        }
       ExtBuffer0[i]=current;
     }
   //---- done
   return(0);
  }
//+------------------------------------------------------------------+

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