DIDI Index
Author: uspacheco
Creation Date: 11/12/2009 4:02 PM
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uspacheco

#1
Hi !

Please, I do use a great indicator combined with ADX called DIDI Index. You can find a screen pic at this link

I'd like to share this with you and also ask you If it is possible to translate this to be used with Wealth Lab.

Thank you ! :)


For Metastock it is:

Mov(C,3,E) - Mov(C,8,E);
0;
Mov(C,20,E) - Mov(C,8,E);

And for Metatrade ( MQL4 Language ):


#property copyright "xxxxx "
#property link "xxxxx?"

#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Olive

#property indicator_level1 0.0
#property indicator_levelcolor White
#property indicator_levelwidth 2
#property indicator_levelstyle STYLE_SOLID





//---- input parameters

extern int didi_ema1=3;
extern int didi_ema2=8;
extern int didi_ema3=20;
extern int didi_ema4=8;

//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(1,ExtMapBuffer2);

//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----

//----
return(0);
}

/*
string get_time_frame()
{
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("MN1");
}
}
*/

//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+



int start()
{
int counted_bars=IndicatorCounted();

//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
int limit=Bars-counted_bars;
for(int i=0;i<limit;i++)
{
double dif1 = iMA(Symbol(),0,didi_ema1,0,MODE_SMA,PRICE_CLOSE,i)-
iMA(Symbol(),0,didi_ema2,0,MODE_SMA,PRICE_CLOSE,i);
double dif2 = iMA(Symbol(),0,didi_ema3,0,MODE_SMA,PRICE_CLOSE,i)-
iMA(Symbol(),0,didi_ema4,0,MODE_SMA,PRICE_CLOSE,i);
ExtMapBuffer1[i]=dif1;
ExtMapBuffer2[i]=dif2;
}
return(0);
}

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Eugene

#2
Hi,

Yes, it's easily possible in Wealth-Lab. It's a MACD-like oscillator, just like Bill Williams' "Awesome" Oscillator. No need to code, all it takes is:

1. Feel free to take a free, unrestricted 30-day trial of Wealth-Lab Developer 5.5.
2. Download Community.Indicators.
3. Use the MACDEx indicator's customizable parameters to specify the periods for the 2 moving averages. Voila.
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uspacheco

#3
Thank you ! =))
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