//+------------------------------------------------------------------+ //| DEMA_RLH | //| Copyright © 2006, Robert Hill | //| http://www.metaquotes.net/ | //| | //| Based on the formula developed by Patrick Mulloy | //| | //| It can be used in place of EMA or to smooth other indicators. | //| | //| DEMA = 2 * EMA - EMA of EMA | //| | //| Red is EMA, Green is EMA of EMA, Yellow is DEMA | //| | //+------------------------------------------------------------------+ #property copyright "Copyright © 2006, Robert Hill " #property link "http://www.metaquotes.net/" //---- indicator settings #property indicator_chart_window #property indicator_buffers 3 #property indicator_color1 Red #property indicator_color2 Green #property indicator_color3 Yellow #property indicator_width1 2 #property indicator_width2 2 #property indicator_width3 2 //---- extern int EMA_Period=14; //---- buffers double Dema[]; double Ema[]; double EmaOfEma[]; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- drawing settings SetIndexStyle(0,DRAW_LINE); SetIndexStyle(1,DRAW_LINE); SetIndexStyle(2,DRAW_LINE); SetIndexDrawBegin(0,EMA_Period); IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)+2); //---- 3 indicator buffers mapping SetIndexBuffer(0,Ema); SetIndexBuffer(1,EmaOfEma); SetIndexBuffer(2,Dema); //---- name for DataWindow and indicator subwindow label IndicatorShortName("DEMA("+EMA_Period+")"); //---- initialization done return(0); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int start() { int i; int counted_bars = IndicatorCounted(); if(counted_bars < 0) return(-1); if(counted_bars > 0) counted_bars--; int limit = Bars - counted_bars; if(counted_bars==0) limit-=1+EMA_Period; //---- for(i=limit; i>=0; i--) Ema[i]=iMA(NULL,0,EMA_Period,0,MODE_EMA,PRICE_CLOSE,i); for(i=limit; i >=0; i--) EmaOfEma[i]=iMAOnArray(Ema,0,EMA_Period,0,MODE_EMA,i); //========== COLOR CODING =========================================== for(i=limit; i >=0; i--) Dema[i]=2 * Ema[i] - EmaOfEma[i]; return(0); } //+------------------------------------------------------------------+ -----------+