SilverTrend Rewritten by CrazyChart Indicator For MT4

SilverTrend Rewritten by CrazyChart Indicator For MT4

The SilverTrend Rewritten by CrazyChart Indicator For MT4 is very similar to the ASC Trend indicator. The indicator two moving average colored in red and blue. The bearish cross allows the traders to execute short and the bullish crossover creates buying opportunity. After the red curve crosses below the blue curve or MA, you need to look for the short trade setups. Similarly, look for buying signals when the red curve crosses above the blue curve.

FREE SilverTrend Rewritten by CrazyChart Indicator

Download the FREE SilverTrend Rewritten by CrazyChart Indicator for MT4.

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Installing the SilverTrend Rewritten by CrazyChart Indicator For MT4

After you downloaded the indicator via the form above you need to unzip the zip-file. Then you need to copy the file SilverTrend_rewritten_by_CrazyChart.mq4 into the folder MQL4\Indicators of your MT4 installation. After that please restart MT4 and then you will be able to see the indicator in the list of indicators.

Parameters of the SilverTrend Rewritten by CrazyChart Indicator For MT4

The SilverTrend Rewritten by CrazyChart Indicator For MT4 has 5 parameters to configure.

extern int CountBars = 400;
extern int SSP = 7;
extern double Kmin = 1.6;
extern double Kmax = 50.6;
extern bool gAlert = True; // Switch to allow alerts

Buffers of the SilverTrend Rewritten by CrazyChart Indicator For MT4

The SilverTrend Rewritten by CrazyChart Indicator For MT4 provides 2 buffers.

SetIndexBuffer(0, ExtMapBuffer1);
SetIndexBuffer(1, ExtMapBuffer2);

Main Parts Of The Code

int start()
  {
   int i,
   i2,
   loopbegin,
   counted_bars = IndicatorCounted();
   double SsMax,
   SsMin,
   K,
   val1,
   val2,
   smin,
   smax,
   price;
   if(Bars  lt = SSP + 1)
       return(0);
//---- initial zero
   if(counted_bars  lt  SSP + 1)
     {
       for(i = 1; i  lt = SSP; i++) 
           ExtMapBuffer1[CountBars-i] = 0.0;
       for(i = 1; i  lt = SSP; i++) 
           ExtMapBuffer2[CountBars-i] = 0.0;
     }
   for(i = CountBars - SSP; i  gt = 0; i--) 
     {
       SsMax = High[Highest(NULL, 0, MODE_HIGH, SSP, i - SSP + 1)];
       SsMin = Low[Lowest(NULL, 0, MODE_LOW, SSP, i - SSP + 1)];
       smin = NormalizeDouble((SsMin - (SsMax - SsMin)*Kmin / 100), Digits);
       smax = NormalizeDouble((SsMax - (SsMax - SsMin)*Kmax / 100), Digits);
       ExtMapBuffer1[i-SSP+6] = smax;
       ExtMapBuffer2[i-SSP-1] = smax;
       val1 = ExtMapBuffer1[0];
       val2 = ExtMapBuffer2[0];
       if(val1  gt  val2)
         {
           Comment("ïîêóïêà buy ", val1);
           if(gAlert == true && gBuyAlertGiven == false)
             {
               PlaySound("alert.wav");
               
               Alert("Buy signal at " + DoubleToStr(val1, Digits) + " on " + Period() + 
                     " minute chart");
               gBuyAlertGiven = true;
               gSellAlertGiven = false;
             }
         }
       if(val1  lt  val2)
         {
           Comment("ïðîäàæà sell ", val2);
           if(gAlert == true && gSellAlertGiven == false)
             {
               PlaySound("alert.wav");
               Alert("Sell signal at " + DoubleToStr(val2, Digits) + " on " + Period()+ 
                     " minute chart");
               gBuyAlertGiven = false;
               gSellAlertGiven=true;
             }
         }
     }
//----
   return(0);
  }
//+------------------------------------------------------------------+ 

 

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