FMIC/Indicators/Time Segmented Volume/Time Segmented Volume.mq5
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MQL5

//---------------------------------------------------------------------------------------------------------------------
#define MName "Time Segmented Volume (TSV)"
#define MVersion "1.01"
#define MBuild "2023-03-27 21:02 WET"
#define MCopyright "Copyright \x00A9 2023, Fernando M. I. Carreiro, All rights reserved"
#define MProfile "https://www.mql5.com/en/users/FMIC"
//---------------------------------------------------------------------------------------------------------------------
#property strict
#property version MVersion
#property description MName
#property description "MetaTrader Indicator (Build "MBuild")"
#property copyright MCopyright
#property link MProfile
//---------------------------------------------------------------------------------------------------------------------
//--- Setup
#property indicator_separate_window
// Define number of buffers and plots
#define MPlots 3
#define MBuffers 7
#ifdef __MQL4__
#property indicator_buffers ( MPlots + 1 )
#else
#property indicator_buffers MBuffers
#property indicator_plots MPlots
#endif
// Define plot colours and respective indices
#define MClrCandleNone C'239,166,117'
#define MClrCandleUp C'38,166,154'
#define MClrCandleDown C'239,83,80'
// Display properties for plots
#ifdef __MQL4__
// Summation plots
#property indicator_label1 "Summation (positive)"
#property indicator_type1 DRAW_HISTOGRAM
#property indicator_style1 STYLE_SOLID
#property indicator_width1 3
#property indicator_color1 MClrCandleUp
#property indicator_label2 "Summation (negative)"
#property indicator_type2 DRAW_HISTOGRAM
#property indicator_style2 STYLE_SOLID
#property indicator_width2 3
#property indicator_color2 MClrCandleDown
// Simple averaging plot
#property indicator_label3 "Averaging (simple)"
#property indicator_type3 DRAW_LINE
#property indicator_style3 STYLE_SOLID
#property indicator_width3 2
#property indicator_color3 MClrCandleNone
// Exponential averaging plot
#property indicator_label4 "Averaging (exponential)"
#property indicator_type4 DRAW_LINE
#property indicator_style4 STYLE_SOLID
#property indicator_width4 1
#property indicator_color4 MClrCandleNone
#else
// Define colour index for plots
#define MIdxCandleNone 0.0
#define MIdxCandleUp 1.0
#define MIdxCandleDown 2.0
// Summation plot
#property indicator_label1 "Summation"
#property indicator_type1 DRAW_COLOR_HISTOGRAM
#property indicator_style1 STYLE_SOLID
#property indicator_width1 5
#property indicator_color1 MClrCandleNone, MClrCandleUp, MClrCandleDown
// Simple averaging plot
#property indicator_label2 "Averaging (simple)"
#property indicator_type2 DRAW_LINE
#property indicator_style2 STYLE_SOLID
#property indicator_width2 2
#property indicator_color2 MClrCandleNone
// Exponential averaging plot
#property indicator_label3 "Averaging (exponential)"
#property indicator_type3 DRAW_LINE
#property indicator_style3 STYLE_SOLID
#property indicator_width3 1
#property indicator_color3 MClrCandleNone
#endif
//--- Enumarations
// Volume weight enumaraton
enum EVolumeWeight
{
EVW_None = 0, // No volume weighting
EVW_TickVolume, // Tick volume
#ifndef __MQL4__
EVW_RealVolume, // Real volume
#endif
EVW_PriceRange // True price range (pseudo volume)
};
//--- Parameter settings
input uint i_nSummationPeriod = 13, // Summation period
i_nAveragingPeriod = 7; // Averaging period
input ENUM_APPLIED_PRICE i_ePriceApplied = PRICE_CLOSE; // Applied price
input EVolumeWeight i_eVolumeWeight = EVW_TickVolume; // Applied volume
//--- Macro definitions
// Define OnCalculate loop sequencing macros
#define MOnCalcPrevTest ( prev_calculated < 1 || prev_calculated > rates_total )
#ifdef __MQL4__ // for MQL4 (as series)
#define MOnCalcNext( _index ) ( _index-- )
#define MOnCalcBack( _index, _offset ) ( _index + _offset )
#define MOnCalcCheck( _index ) ( _index >= 0 )
#define MOnCalcValid( _index ) ( _index < rates_total )
#define MOnCalcStart \
( rates_total - ( MOnCalcPrevTest ? 1 : prev_calculated ) )
#else // for MQL5 (as non-series)
#define MOnCalcNext( _index ) ( _index++ )
#define MOnCalcBack( _index, _offset ) ( _index - _offset )
#define MOnCalcCheck( _index ) ( _index < rates_total )
#define MOnCalcValid( _index ) ( _index >= 0 )
#define MOnCalcStart \
( MOnCalcPrevTest ? 0 : prev_calculated - 1 )
#endif
// Define applied price macro
#define MSetAppliedPrice( _type, _where, _index ) { switch( _type ) { \
case PRICE_WEIGHTED: _where = ( high[ _index ] + low[ _index ] + close[ _index ] \
+ close[ _index ] ) * 0.25; break; \
case PRICE_TYPICAL: _where = ( high[ _index ] + low[ _index ] + close[ _index ] ) / 3.0; break; \
case PRICE_MEDIAN: _where = ( high[ _index ] + low[ _index ] ) * 0.5; break; \
case PRICE_HIGH: _where = high[ _index ]; break; \
case PRICE_LOW: _where = low[ _index ]; break; \
case PRICE_OPEN: _where = open[ _index ]; break; \
case PRICE_CLOSE: \
default: _where = close[ _index ]; }; }
// Define macro for invalid parameter values
#define MCheckParameter( _condition, _text ) if( _condition ) \
{ Print( "Error: Invalid ", _text ); return INIT_PARAMETERS_INCORRECT; }
//--- Global variable declarations
// Indicator buffers
double g_adbPriceApplied[], // Buffer for applied price
g_adbVolumePriceDelta[], // Buffer for volume weight price delta change
g_adbSummation[], // Buffer for summation of volume weighte price change
g_adbSummationSimple[], // Buffer for summation of summation for simple averaging
g_adbAveragingSimple[], // Buffer for simple averaging
g_adbAveragingExponential[]; // Buffer for exponential averaging
#ifdef __MQL4__
double g_adbSummationPositive[], // Buffer for positive summation of volume weighte price change
g_adbSummationNegative[]; // Buffer for negative summation of volume weighte price change
#else
double g_adbSummationColour[]; // Buffer for summation colourisation
#endif
// Miscellaneous global variables
double g_dbEmaWeight; // Weight to be used for exponential moving averages
//--- Event handling functions
// Initialisation event handler
int OnInit(void) {
// Validate input parameters
MCheckParameter( i_nSummationPeriod < 1, "summation period" );
MCheckParameter( i_nAveragingPeriod < 1 ||
i_nAveragingPeriod > i_nSummationPeriod, "averaging period" );
// Calculate parameter variables
g_dbEmaWeight = 2.0 / ( i_nAveragingPeriod + 1.0 );
// Set number of significant digits (precision)
IndicatorSetInteger( INDICATOR_DIGITS, _Digits );
// Set buffers
int iBuffer = 0;
#ifdef __MQL4__
IndicatorBuffers( MBuffers + 1 ); // Set total number of buffers (MQL4 Only)
SetIndexBuffer( iBuffer++, g_adbSummationPositive, INDICATOR_DATA );
SetIndexBuffer( iBuffer++, g_adbSummationNegative, INDICATOR_DATA );
#else
SetIndexBuffer( iBuffer++, g_adbSummation, INDICATOR_DATA );
SetIndexBuffer( iBuffer++, g_adbSummationColour, INDICATOR_COLOR_INDEX );
#endif
SetIndexBuffer( iBuffer++, g_adbAveragingSimple, INDICATOR_DATA );
SetIndexBuffer( iBuffer++, g_adbAveragingExponential, INDICATOR_DATA );
SetIndexBuffer( iBuffer++, g_adbPriceApplied, INDICATOR_CALCULATIONS );
SetIndexBuffer( iBuffer++, g_adbVolumePriceDelta, INDICATOR_CALCULATIONS );
SetIndexBuffer( iBuffer++, g_adbSummationSimple, INDICATOR_CALCULATIONS );
#ifdef __MQL4__
SetIndexBuffer( iBuffer++, g_adbSummation, INDICATOR_CALCULATIONS );
#endif
// Set indicator name
IndicatorSetString( INDICATOR_SHORTNAME, StringFormat(
MName " ( %d, %d )", i_nSummationPeriod, i_nAveragingPeriod ) );
return INIT_SUCCEEDED; // Successful initialisation of indicator
};
// Calculation event handler
int
OnCalculate(
const int rates_total,
const int prev_calculated,
const datetime &time[],
const double &open[],
const double &high[],
const double &low[],
const double &close[],
const long &tick_volume[],
const long &volume[],
const int &spread[]
)
{
// Main loop — fill in the arrays with data values
for( int iCur = MOnCalcStart,
iPrev = MOnCalcBack( iCur, 1 ),
iSumPrev = MOnCalcBack( iCur, (int) i_nSummationPeriod ),
iAvgPrev = MOnCalcBack( iCur, (int) i_nAveragingPeriod );
!IsStopped() && MOnCalcCheck( iCur );
MOnCalcNext( iCur ), MOnCalcNext( iPrev ), MOnCalcNext( iSumPrev ), MOnCalcNext( iAvgPrev ) )
{
// Calculate volume to apply
double dbVolume = 1.0;
switch( i_eVolumeWeight ) {
#ifndef __MQL4__
case EVW_RealVolume: dbVolume = (double) volume[ iCur ]; break;
#endif
case EVW_TickVolume: dbVolume = (double) tick_volume[ iCur ]; break;
case EVW_PriceRange: if( MOnCalcValid( iPrev ) ) {
double dbClosePrev = close[ iPrev ];
dbVolume = fmax( high[ iCur ], dbClosePrev )
- fmin( low[ iCur ], dbClosePrev );
} else dbVolume = high[ iCur ] - low[ iCur ];
};
// Calculate price to apply
double dbPriceCur;
MSetAppliedPrice( i_ePriceApplied, dbPriceCur, iCur );
// Calculate volume weighted price delta and sum
double dbPricePrev = MOnCalcValid( iPrev ) ? g_adbPriceApplied [ iPrev ] : open[ iCur ],
dbPriceDelta = dbPriceCur - dbPricePrev,
dbVolumePriceDelta = dbPriceDelta * dbVolume,
dbSummation = dbVolumePriceDelta
+ ( MOnCalcValid( iPrev ) ? g_adbSummation[ iPrev ] : 0.0 )
- ( MOnCalcValid( iSumPrev ) ? g_adbVolumePriceDelta[ iSumPrev ] : 0.0 );
// Define colourasation
#ifdef __MQL4__
double dbSummationPositive = dbSummation > 0.0 ? dbSummation : 0.0,
dbSummationNegative = dbSummation < 0.0 ? dbSummation : 0.0;
#else
double dbSummationColour = dbSummation > 0.0 ? MIdxCandleUp
: ( dbSummation < 0.0 ? MIdxCandleDown
: MIdxCandleNone );
#endif
// Calculate simple summation and averaging
double dbSumSimpleCur = dbSummation
+ ( MOnCalcValid( iPrev ) ? g_adbSummationSimple[ iPrev ] : 0.0 )
- ( MOnCalcValid( iAvgPrev ) ? g_adbSummation[ iAvgPrev ] : 0.0 ),
dbAverageSimpleCur = dbSumSimpleCur / i_nAveragingPeriod;
// Calculate exponential averaging
double dbAverageExponentialPrev = MOnCalcValid( iPrev ) ? g_adbAveragingExponential[ iPrev ] : dbSummation,
dbAverageExponentialCur = dbAverageExponentialPrev
+ ( dbSummation - dbAverageExponentialPrev )
* g_dbEmaWeight;
// Set buffer values
g_adbPriceApplied[ iCur ] = dbPriceCur;
g_adbVolumePriceDelta[ iCur ] = dbVolumePriceDelta;
g_adbSummation[ iCur ] = dbSummation;
g_adbSummationSimple[ iCur ] = dbSumSimpleCur;
g_adbAveragingSimple[ iCur ] = dbAverageSimpleCur;
g_adbAveragingExponential[ iCur ] = dbAverageExponentialCur;
#ifdef __MQL4__
g_adbSummationPositive[ iCur ] = dbSummationPositive;
g_adbSummationNegative[ iCur ] = dbSummationNegative;
#else
g_adbSummationColour[ iCur ] = dbSummationColour;
#endif
};
return rates_total; // Return value for prev_calculated of next call
};
//---------------------------------------------------------------------------------------------------------------------