//+------------------------------------------------------------------+

//|
ASO.mq4 |
//|
Copyright 2005, MetaQuotes Software Corp. 2010, J.Arent. |
//|
http://www.metaquotes.net/, http://www.fxtools.info |
//+------------------------------------------------------------------+
#property copyright "Copyright 2010, FXTools"
#property link
"http://www.fxtools.info"
#property indicator_separate_window
#property indicator_minimum 0
#property indicator_maximum 100
#property indicator_buffers 2
#property indicator_color1 RoyalBlue
#property indicator_color2 Red
#property indicator_levelcolor DimGray
#property indicator_width1 1
#property indicator_width2 1
//---- input parameters
extern int AsoPeriod=10;
extern int Mode=0;
extern bool Bulls=true;
extern bool Bears=true;
//---- buffers
double AsoBufferBulls[];
double AsoBufferBears[];
double TempBufferBulls[];
double TempBufferBears[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function
|
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- 2 additional buffers used for counting.
IndicatorBuffers(4);
SetIndexBuffer(2,TempBufferBulls);
SetIndexBuffer(3,TempBufferBears);
//---- indicator line
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,AsoBufferBulls);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(1,AsoBufferBears);
//---- level
SetLevelValue( 0, 50 );
//---- name for DataWindow and indicator subwindow label
short_name="ASO("+AsoPeriod+")";
IndicatorShortName(short_name);
SetIndexLabel(0,"ASO Bulls");
SetIndexLabel(1,"ASO Bears");
//---SetIndexDrawBegin(0,AsoPeriod);
SetIndexDrawBegin(1,AsoPeriod);
//---return(0);
}
//+------------------------------------------------------------------+
//| Average Sentiment Oscillator
|
//+------------------------------------------------------------------+
int start()
{

int i,counted_bars=IndicatorCounted();
//---if(Bars<=AsoPeriod) return(0);
//---- initial zero
if(counted_bars<1)
{
for(i=1;i<=AsoPeriod;i++) AsoBufferBulls[Bars-i]=0.0;
for(i=1;i<=AsoPeriod;i++) AsoBufferBears[Bars-i]=0.0;
}
//---i=Bars-counted_bars-1;
while(i>=0)
{
double intrahigh=High[i];
double intralow =Low[i];
double intraopen=Open[i];
double close =Close[i];
double intrarange = intrahigh-intralow;
double grouplow = Low[iLowest(NULL,0,MODE_LOW,AsoPeriod,i)];
double grouphigh = High[iHighest(NULL,0,MODE_HIGH,AsoPeriod,i)];
double groupopen = iOpen(NULL,0,i+AsoPeriod-1);
double grouprange = grouphigh-grouplow;
if (intrarange==0) {intrarange=1;}
if (grouprange==0) {grouprange=1;}
double intrabarbulls = ((((close-intralow)+(intrahigh-intraopen))/2)*100)/
intrarange;
double groupbulls = ((((close-grouplow)+(grouphigh-groupopen))/2)*100)/gro
uprange;
double intrabarbears = ((((intrahigh-close)+(intraopen-intralow))/2)*100)/
intrarange;
double groupbears = ((((grouphigh-close)+(groupopen-grouplow))/2)*100)/gro
uprange;
if(i==Bars-1) {TempBufferBulls[i]=intrabarbulls; TempBufferBears[i]=intrab
arbears;}
else
{
if (Mode==0) TempBufferBulls[i]=(intrabarbulls+groupbulls)/2;
if (Mode==0) TempBufferBears[i]=(intrabarbears+groupbears)/2;
if (Mode==1) TempBufferBulls[i]=intrabarbulls;
if (Mode==1) TempBufferBears[i]=intrabarbears;
if (Mode==2) TempBufferBulls[i]=groupbulls;
if (Mode==2) TempBufferBears[i]=groupbears;
}
i--;
}
//---if(counted_bars>0) counted_bars--;
int limit=Bars-counted_bars;
if (Bulls)
{
for(i=0; i<limit; i++)
AsoBufferBulls[i]=iMAOnArray(TempBufferBulls,Bars,AsoPeriod,0,0,i);
}
if (Bears)
{
for(i=0; i<limit; i++)
AsoBufferBears[i]=iMAOnArray(TempBufferBears,Bars,AsoPeriod,0,0,i);
}
//---return(0);

}
//+------------------------------------------------------------------+