Category Trend  Published on 21/03/2021

Rainbow2

Description

This indicator calculates the high and low of the Rainbow indicator and its averages.

Well know too.


using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class Rainbow2 : Indicator
    {
        [Parameter(DefaultValue = 15)]
        public int Periods { get; set; }

        [Output("Result1", LineColor = "Red")]
        public IndicatorDataSeries Result1 { get; set; }

        [Output("Result2", LineColor = "Green")]
        public IndicatorDataSeries Result2 { get; set; }

        [Output("Result3", LineColor = "DimGray")]
        public IndicatorDataSeries Result3 { get; set; }

        [Output("Result4", LineColor = "DimGray")]
        public IndicatorDataSeries Result4 { get; set; }

        [Output("Result5", LineColor = "DimGray")]
        public IndicatorDataSeries Result5 { get; set; }

        private SimpleMovingAverage sma1;
        private SimpleMovingAverage sma2;
        private SimpleMovingAverage sma3;
        private SimpleMovingAverage sma4;
        private SimpleMovingAverage sma5;
        private SimpleMovingAverage sma6;
        private SimpleMovingAverage sma7;
        private SimpleMovingAverage sma8;
        private SimpleMovingAverage sma9;
        private SimpleMovingAverage sma10;

        private double[] array;

        private double max, min;
        private double CenterMean, UpperMean, LowerMean;

        protected override void Initialize()
        {
            sma1 = Indicators.SimpleMovingAverage(Bars.ClosePrices, Periods);
            sma2 = Indicators.SimpleMovingAverage(sma1.Result, Periods);
            sma3 = Indicators.SimpleMovingAverage(sma2.Result, Periods);
            sma4 = Indicators.SimpleMovingAverage(sma3.Result, Periods);
            sma5 = Indicators.SimpleMovingAverage(sma4.Result, Periods);
            sma6 = Indicators.SimpleMovingAverage(sma5.Result, Periods);
            sma7 = Indicators.SimpleMovingAverage(sma6.Result, Periods);
            sma8 = Indicators.SimpleMovingAverage(sma7.Result, Periods);
            sma9 = Indicators.SimpleMovingAverage(sma8.Result, Periods);
            sma10 = Indicators.SimpleMovingAverage(sma9.Result, Periods);

            array = new double[10];
        }

        public override void Calculate(int index)
        {
            array[0] = sma1.Result[index];
            array[1] = sma2.Result[index];
            array[2] = sma3.Result[index];
            array[3] = sma4.Result[index];
            array[4] = sma5.Result[index];
            array[5] = sma6.Result[index];
            array[6] = sma7.Result[index];
            array[7] = sma8.Result[index];
            array[8] = sma9.Result[index];
            array[9] = sma10.Result[index];

            max = 0;
            min = 100;
            for (int i = 0; i <= 9; i++)
            {
                if (array[i] < min)
                    min = array[i];

                if (array[i] > max)
                    max = array[i];
            }

            CenterMean = (max + min) / 2;
            UpperMean = (max + CenterMean) / 2;
            LowerMean = (CenterMean + min) / 2;

            Result1[index] = max;
            Result2[index] = min;
            Result3[index] = UpperMean;
            Result4[index] = CenterMean;
            Result5[index] = LowerMean;
        }
    }
}


srm_bcn's avatar
srm_bcn

Joined on 01.09.2019

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Rainbow2.algo
  • Rating: 0
  • Installs: 1039
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