//+------------------------------------------------------------------+
//|
TDI-With Alerts
//|
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//| Version 1. Completed by Dean Malone 2006 (www.compassfx.com) |
//| Version 2. Completed by Tim Hyder 2008
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a) Complete Code rewrite
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b) Added Entry / Exit Signal Arrows Option
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b) Added Audio, Visual and eMail alerts
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//| Copyright © 2008, Tim Hyder aka Hiachiever
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//| PO BOX 768, Hillarys, Western Australia, Australia, 6923
//|
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//| GIFTS AND DONATIONS ACCEPTED
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//| All my indicators should be considered donationware. That is |
//| you are free to use them for your personal use, and are
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//| under no obligation to pay for them. However, if you do find |
//| this or any of my other indicators help you with your trading |
//| then any Gift or Donation as a show of appreciation is
//| gratefully accepted.
//|
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//| Gifts or Donations also keep me motivated in producing more |
//| great free indicators. :-)
//|
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//| PayPal - hiachiever@gmail.com
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
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//|
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Traders Dynamic Index - Overview
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//| This hybrid indicator is developed to assist traders in their |
//| ability to decipher and monitor market conditions related to |
//| trend direction, market strength, and market volatility.
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//| Even though comprehensive, the T.D.I. is easy to read and use. |
//|
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//| Green line = RSI Price line
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//| Red line = Trade Signal line
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//| Blue lines = Volatility Band
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//| Yellow line = Market Base Line
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//| Trend Direction - Immediate and Overall
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//| Immediate = Green over Red...price action is moving up.
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Red over Green...price action is moving down.
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//| Overall = Yellow line trends up and down generally between the |
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lines 32 & 68. Watch for Yellow line to bounces off |
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these lines for market reversal. Trade long when
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price is above the Yellow line, and trade short when |
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price is below.
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//| Market Strength & Volatility - Immediate and Overall
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//| Immediate = Green Line - Strong = Steep slope up or down.
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Weak = Moderate to Flat slope.
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//| Overall = Blue Lines - When expanding, market is strong and |
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trending. When constricting, market is weak and
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in a range. When the Blue lines are extremely tight |
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in a narrow range, expect an economic announcement |
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or other market condition to spike the market.
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//| Entry conditions
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//| Scalping - Long = Green over Red, Short = Red over Green
//| Active - Long = Green over Red & Yellow lines
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Short = Red over Green & Yellow lines
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//| Moderate - Long = Green over Red, Yellow, & 50 lines
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Short= Red over Green, Green below Yellow & 50 line |
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//| Exit conditions*
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//| Long = Green crosses below Red
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//| Short = Green crosses above Red
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//| * If Green crosses either Blue lines, consider exiting when |
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when the Green line crosses back over the Blue line.
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//| IMPORTANT: The default settings are well tested and proven.
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But, you can change the settings to fit your
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trading style.
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//| Price & Line Type settings:
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//| RSI Price settings
//| 0 = Close price
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[DEFAULT]
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//| 1 = Open price.
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//| 2 = High price.
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//| 3 = Low price.
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//| 4 = Median price, (high+low)/2.
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//| 5 = Typical price, (high+low+close)/3.
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//| 6 = Weighted close price, (high+low+close+close)/4.
//|
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//| RSI Price Line & Signal Line Type settings
//| 0 = Simple moving average
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[DEFAULT]
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//| 1 = Exponential moving average
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//| 2 = Smoothed moving average
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//| 3 = Linear weighted moving average
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//| Good trading,
//|
//| Dean
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//+------------------------------------------------------------------+
#define vers "09-Feb-2008"
#define major 2
#define minor 0
//---#property indicator_separate_window
#property indicator_buffers 7
#property indicator_color1 Black
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#property indicator_color2 MediumBlue
#property indicator_color3 Yellow
#property indicator_width3 2
#property indicator_color4 MediumBlue
#property indicator_color5 Green
#property indicator_width5 2
#property indicator_color6 Red
#property indicator_color7 Aqua
#property indicator_style7 2
//---extern string NoteGeneral=" --- General Options --- ";
extern bool Show_TrendVisuals=true;
extern bool Show_SignalArrows=true;
extern int SHIFT_Sideway=0;
extern int SHIFT_Up_Down=0;
//---extern string NoteIndic=" --- Indicator Options --- ";
extern int RSI_Period=13;
//8-25
extern int RSI_Price=0;
//0-6
extern int Volatility_Band=34; //20-40
extern int RSI_Price_Line=2;
extern int RSI_Price_Type=0;
//0-3
extern int Trade_Signal_Line=7;
extern bool SHOW_Trade_Signal_Line2=true;
extern int Trade_Signal_Line2=18;
extern int Trade_Signal_Type=0; //0-3
//----
extern string NoteAlerts=" --- Alert Options --- ";
extern bool BuySellAlerts=true;
extern bool CautionAlerts=true;
extern bool MsgAlerts= true;
extern bool SoundAlerts= true;
extern string SoundAlertFile="alert.wav";
extern bool eMailAlerts= false;
//---bool InitialLoad=True;
string prefix="TDIV_";
double RSIBuf[],UpZone[],MdZone[],DnZone[],MaBuf[],MbBuf[],McBuf[];
string Signal="", Signal2="", Signal3="",Signal4="";
color TDI_col,TDI_col2;
int LastAlert=0, LastAlertBar,SigCounter=0;
double BidCur;
datetime TimeCur;
//+------------------------------------------------------------------+
//|
|
//+------------------------------------------------------------------+
int init()
{
IndicatorShortName("TDIVisual");
SetIndexBuffer(0,RSIBuf);
SetIndexBuffer(1,UpZone);
SetIndexBuffer(2,MdZone);
SetIndexBuffer(3,DnZone);
SetIndexBuffer(4,MaBuf);
SetIndexBuffer(5,MbBuf);
//---if(SHOW_Trade_Signal_Line2 ==true){SHOW_Trade_Signal_Line2=DRAW_LINE; }
else {SHOW_Trade_Signal_Line2=DRAW_NONE; }
SetIndexStyle(6,SHOW_Trade_Signal_Line2);
SetIndexBuffer(6,McBuf);
SetIndexStyle(0,DRAW_NONE);
SetIndexStyle(1,DRAW_LINE);
SetIndexStyle(2,DRAW_LINE,0,2);
SetIndexStyle(3,DRAW_LINE);
SetIndexStyle(4,DRAW_LINE,0,2);
SetIndexStyle(5,DRAW_LINE,0,1);
//---SetIndexLabel(0,NULL);
SetIndexLabel(1,"VB High");
SetIndexLabel(2,"Market Base Line");
SetIndexLabel(3,"VB Low");
SetIndexLabel(4,"RSI Price Line");
SetIndexLabel(5,"Trade Signal Line");
SetIndexLabel(6,"Trade Signal2 Line");
LastAlertBar=Bars-1;
//---return(0);
}
//+------------------------------------------------------------------+
//|
|
//+------------------------------------------------------------------+
int deinit()
{
int total=ObjectsTotal();
for(int i=total-1; i>=0; i--)
{
string name=ObjectName(i);
if (StringFind(name, prefix)==0) ObjectDelete(name);
}
//---return(0);
}
//+------------------------------------------------------------------+
//|
|
//+------------------------------------------------------------------+
int start()
{
int Win=WindowFind("TDIVisual");
if (Win==- 1) Win=0;
//---double MA,RSI[];
ArrayResize(RSI,Volatility_Band);
int counted_bars=IndicatorCounted();
int limit=Bars-counted_bars-1;
//---for(int i=limit; i>=0; i--)
{
RSIBuf[i]=(iRSI(NULL,0,RSI_Period,RSI_Price,i));
MA=0;
for(int x=i; x<i+Volatility_Band; x++)
{
RSI[x-i]=RSIBuf[x];
MA+=RSIBuf[x]/Volatility_Band;
}
UpZone[i]=(MA + (1.6185 * StDev(RSI,Volatility_Band)));
DnZone[i]=(MA - (1.6185 * StDev(RSI,Volatility_Band)));
MdZone[i]=((UpZone[i] + DnZone[i])/2);
}
for(i=limit-1;i>=0;i--)
{
MaBuf[i]=(iMAOnArray(RSIBuf,0,RSI_Price_Line,0,RSI_Price_Type,i));
MbBuf[i]=(iMAOnArray(RSIBuf,0,Trade_Signal_Line,0,Trade_Signal_Type,i));
McBuf[i]=(iMAOnArray(RSIBuf,0,Trade_Signal_Line2,0,Trade_Signal_Type,i));
BidCur=Close[i]; //Could use bid however no good when using visual back tester
TimeCur=Time[i];
if(Show_TrendVisuals)
{
//signals
if((MaBuf[i]>MbBuf[i])&&(MbBuf[i]<MdZone[i])&&(MaBuf[i]<
MdZone[i])&&(MaBuf[i]>32)&&(MaBuf[i]<68))
{
Signal2="Weak Buy";
Signal="é";
TDI_col=SeaGreen;
}
else if((MaBuf[i]<MbBuf[i])&&(MbBuf[i]> MdZone[i])&&(MaBuf[i]>
MdZone[i])&&(MaBuf[i]>32)&&(MaBuf[i]<68))
{
Signal2="Weak Sell";
Signal="ê";
TDI_col=Orange;
}
else if((MaBuf[i]>MbBuf[i])&&(MbBuf[i]> MdZone[i])&&(MaBuf[i]>32)&&(MaBuf[i]<68))
{
Signal2="Strong Buy";
Signal="é";
TDI_col=Lime;
}
else if((MaBuf[i]>MbBuf[i])&&(MaBuf[i]> MdZone[i])&&(MbBuf[i]<
MdZone[i])&&(MaBuf[i]>32)&&(MaBuf[i]<68))
{
Signal2="Medium Buy";
Signal="é";
TDI_col=Green;
}
else if((MaBuf[i]<MbBuf[i])&&(MbBuf[i]< MdZone[i])&&(MaBuf[i]>32)&&(MaBuf[i]<68))
{
Signal2="Strong Sell";
Signal="ê";
TDI_col=Red;
}
else if((MaBuf[i]<MbBuf[i])&&(MaBuf[i]< MdZone[i])&&(MbBuf[i]>
MdZone[i])&&(MaBuf[i]>32)&&(MaBuf[i]<68))
{
Signal2="Medium Sell";
Signal="ê";
TDI_col=Tomato;
}
// reversals
else if(MaBuf[i]>=68)
{
Signal2="Caution !";
Signal="ê";
TDI_col=Red;
}
else if(MaBuf[i]<=32)
{
Signal2="Caution !";
Signal="é";
TDI_col=Red;
}
//TDI - Trend Signals
if((MbBuf[i]>MdZone[i])&&(MaBuf[i]<MdZone[i]))
{
Signal4= "Weak Up";
Signal3="é";
TDI_col2=Green;
}
else if (MbBuf[i]>MdZone[i])
{
Signal4= "Strong UP";
Signal3="é";
TDI_col2=Lime;
}
if((MbBuf[i]<=MdZone[i])&&(MaBuf[i]>=MdZone[i]))
{
Signal4= "Weak Down";
Signal3="é";
TDI_col2=Orange;
}
else if (MbBuf[i]<=MdZone[i])
{
Signal4= "Strong Down";
Signal3="ê";
TDI_col2=Red;
}
//ranging
if(UpZone[i]-DnZone[i]<20)
{
Signal4="Consolidation";
Signal3="h";
TDI_col2=Silver;
}
string Subj=Symbol()+ ", " + TF2Str(Period()) + " " + Signal2;
string Msg;
//ALERTS
if (Signal2=="Strong Buy" && Signal4=="Strong UP" && LastAlert!=1)
{
Msg=Subj + " @ "+DoubleToStr(Close[i],Digits) + ", @ " +
TimeToStr(TimeLocal(),TIME_SECONDS);
if (Bars>LastAlertBar)
{
LastAlertBar=Bars;
if (BuySellAlerts) DoAlerts(Msg,Subj);
}
LastAlert=1; //Last trend Alert was Up Trend Buy Alert
//---if (Show_SignalArrows)
{
CreateText(prefix+"En"+SigCounter,0," B",10,"Arial Bold",Lime,Time[i],Low[i]SignalArrowSpacer(),false);
SigCounter++;
}
//Print("Text: " + TimeToStr(Time[i],TIME_MINUTES) + ", High: " + High[i]);
}
else if (Signal2=="Strong Sell" && Signal4=="Strong Down" && LastAlert!=2)
{
Msg=Subj + " @ "+DoubleToStr(Close[i],Digits) + ", @ " +
TimeToStr(TimeLocal(),TIME_SECONDS);
if (Bars>LastAlertBar)
{
LastAlertBar=Bars;
if(BuySellAlerts) DoAlerts(Msg,Subj);
}
LastAlert=2; //Last trend Alert was Down Trend Buy Alert
if (Show_SignalArrows)
{
CreateText(prefix+"En"+SigCounter,0," S",10,"Arial
Bold",Red,Time[i],High[i]+SignalArrowSpacer(),false);
SigCounter++;
}
//Print("Text: " + TimeToStr(Time[i],TIME_MINUTES) + ", High: " + High[i]);
}
else if ((LastAlert==1 || LastAlert==2) && Signal2=="Caution !")
{
Subj=Symbol()+ ", " + TF2Str(Period()) + ". Trend Caution Alert!";
if (LastAlert==2) Subj=Symbol()+ ", " + TF2Str(Period()) + ". Trend Caution Alert!";
//---Msg=Subj + " @ "+DoubleToStr(Close[i],Digits) + ", @ " +
TimeToStr(TimeLocal(),TIME_SECONDS);
if (Bars>LastAlertBar)
{
LastAlertBar=Bars;
if (CautionAlerts) DoAlerts(Msg,Subj);
}
if (Show_SignalArrows)
{
if (LastAlert==1)
{
CreateText(prefix+"En"+SigCounter,0,"*",25,"Arial
Bold",Gold,Time[i],High[i]+SignalArrowSpacer(),false);
SigCounter++;
}
else
{
CreateText(prefix+"En"+SigCounter,0,"*",25,"Arial Bold",Gold,Time[i],Low[i]SignalArrowSpacer(),false);
SigCounter++;
}
}
LastAlert=3; //Last trend Alert was Down Trend Buy Alert
} // End Alerts
}//End If Show Trend Visuals
} //End For Loop
if(Show_TrendVisuals)
{
for(i=1;i<=12;i++) //Create the Visuals
{
switch(i)
{
case 1 :
CreateLabel(prefix+"SIG"+i,Win,Signal,25,"Wingdings",TDI_col,1,80+SHIFT_Sideway,20+SHIFT_Up_D
own); break;
case 2 : CreateLabel(prefix+"SIG"+i,Win," @ "+DoubleToStr(BidCur,Digits),13,"Tahoma
Narrow",TDI_col,1,125+SHIFT_Sideway,32+SHIFT_Up_Down); break;
case 3 : CreateLabel(prefix+"SIG"+i,Win,Signal2,15,"Tahoma
Narrow",TDI_col,1,120+SHIFT_Sideway,10+SHIFT_Up_Down); break;
case 4 : CreateLabel(prefix+"SIG"+i,Win,"TDI Trend",15,"Tahoma
Narrow",TDI_col2,1,120+SHIFT_Sideway,60+SHIFT_Up_Down); break;
case 5 :
CreateLabel(prefix+"SIG"+i,Win,Signal3,25,"Wingdings",TDI_col2,1,80+SHIFT_Sideway,60+SHIFT_Up
_Down); break;
case 6 : CreateLabel(prefix+"SIG"+i,Win,Signal4,15,"Tahoma
Narrow",TDI_col2,1,115+SHIFT_Sideway,82+SHIFT_Up_Down); break;
case 7 : CreateText(prefix+"SIG"+i,Win,"
Narrow",CadetBlue,TimeCur,70,true); break;
68 ",7,"Tahoma
case 8 : CreateText(prefix+"SIG"+i,Win,"
Narrow",CadetBlue,TimeCur,52,true); break;
50 ",7,"Tahoma
case 9 : CreateText(prefix+"SIG"+i,Win,"
Narrow",CadetBlue,TimeCur,34,true); break;
32 ",7,"Tahoma
case 10: Createline(prefix+"UPPERLINE", Win, 68, 68,DarkSlateGray); break;
case 11: Createline(prefix+"LOWERLINE", Win, 50, 50,DarkSlateGray); break;
case 12: Createline(prefix+"MEDLINE", Win, 32, 32,DarkSlateGray); break;
}
}
}//End if(Show_TrendVisuals)
//If the indicator has just been loaded force a redraw as the Visual labels
//don't update properly until the first tick after loading.
if (InitialLoad)
{
InitialLoad=false;
if (Show_TrendVisuals) WindowRedraw();
}
//---return(0);
}
//+------------------------------------------------------------------+
//|
|
//+------------------------------------------------------------------+
void Createline(string objName, int Window, double start, double end, color clr)
{
ObjectDelete(objName);
ObjectCreate(objName, OBJ_TREND,Window,0, start, Time[0], end);
ObjectSet(objName, OBJPROP_COLOR, clr);
ObjectSet(objName, OBJPROP_STYLE, 2);
ObjectSet(objName, OBJPROP_RAY, false);
}
//+------------------------------------------------------------------+
//|
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//+------------------------------------------------------------------+
void CreateLabel(string LblName, int Window, string LblTxt, int FontSz, string FontName, color
FontColor, int Corner, int xPos, int yPos)
{
if(ObjectFind(LblName)!=0) ObjectCreate(LblName, OBJ_LABEL, Window, 0, 0);
ObjectSetText(LblName, LblTxt, FontSz, FontName, FontColor);
ObjectSet(LblName, OBJPROP_CORNER, Corner);
ObjectSet(LblName, OBJPROP_XDISTANCE, xPos);
ObjectSet(LblName, OBJPROP_YDISTANCE, yPos);
}
//+------------------------------------------------------------------+
//|
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//+------------------------------------------------------------------+
void CreateText(string TextName, int Window, string LabelText, int FontSz, string FontName, color
TextColor, datetime Time1, double Price1, bool delete)
{
if (delete) ObjectDelete(TextName);
if(ObjectFind(TextName)!=0)
{
ObjectCreate(TextName, OBJ_TEXT, Window, Time1, Price1);
ObjectSetText(TextName, LabelText, FontSz, FontName, TextColor);
}
else
ObjectMove(TextName, 0, Time1, Price1);
}
//+------------------------------------------------------------------+
//|
|
//+------------------------------------------------------------------+
double StDev(double& Data[], int Per)
{
return(MathSqrt(Variance(Data,Per)));
}
//+------------------------------------------------------------------+
//|
|
//+------------------------------------------------------------------+
double Variance(double& Data[], int Per)
{
double sum, ssum;
for(int i=0; i<Per; i++)
{
sum+=Data[i];
ssum+=MathPow(Data[i],2);
}
return((ssum*Per - sum*sum)/(Per*(Per-1)));
}
//+------------------------------------------------------------------+
//|
|
//+------------------------------------------------------------------+
string TF2Str(int period)
{
switch(period)
{
case PERIOD_M1: return("M1");
case PERIOD_M5: return("M5");
case PERIOD_M15: return("M15");
case PERIOD_M30: return("M30");
case PERIOD_H1: return("H1");
case PERIOD_H4: return("H4");
case PERIOD_D1: return("D1");
case PERIOD_W1: return("W1");
case PERIOD_MN1: return("MN");
}
return(Period());
}
//+------------------------------------------------------------------+
//|
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//+------------------------------------------------------------------+
void DoAlerts(string msgText,string eMailSub)
{
if (MsgAlerts) Alert(msgText);
if (SoundAlerts) PlaySound(SoundAlertFile);
if (eMailAlerts) SendMail(eMailSub, msgText);
}
//+------------------------------------------------------------------+
//|
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//+------------------------------------------------------------------+
double SignalArrowSpacer()
{
switch(Period())
{
case PERIOD_M1: return(5*Point); break;
case PERIOD_M5: return(10*Point); break;
case PERIOD_M15: return(15*Point); break;
case PERIOD_M30: return(20*Point); break;
case PERIOD_H1: return(15*Point); break;
case PERIOD_H4: return(40*Point); break;
case PERIOD_D1: return(80*Point); break;
case PERIOD_W1: return(150*Point); break;
case PERIOD_MN1: return(200*Point); break;
}
}
//+------------------------------------------------------------------+