//+------------------------------------------------------------------+ //| Holt_Channel.mq5 | //| Copyright 2025, xxxxxxxx| //| | //+------------------------------------------------------------------+ #property copyright "Copyright 2025, xxxxxxxx" #property version "1.00" #property description "Holt's Forecast Channel. Displays a channel based on" #property description "the multi-period forecast of the Holt's Linear Trend model." #property indicator_chart_window #property indicator_buffers 3 #property indicator_plots 3 #include //--- Plot 1: Upper Band #property indicator_label1 "Upper Channel" #property indicator_type1 DRAW_LINE #property indicator_color1 clrSilver #property indicator_style1 STYLE_DOT #property indicator_width1 1 //--- Plot 2: Lower Band #property indicator_label2 "Lower Channel" #property indicator_type2 DRAW_LINE #property indicator_color2 clrSilver #property indicator_style2 STYLE_DOT #property indicator_width2 1 //--- Plot 3: Center Line (Holt MA) #property indicator_label3 "Center Line" #property indicator_type3 DRAW_LINE #property indicator_color3 clrMediumSeaGreen #property indicator_style3 STYLE_SOLID #property indicator_width3 2 //--- Input Parameters --- input int InpPeriod = 20; input double InpAlpha = 0.1; input double InpBeta = 0.05; input int InpForecastPeriod = 5; // Forecast period for the channel input ENUM_APPLIED_PRICE InpSourcePrice = PRICE_CLOSE; //--- Indicator Buffers --- double BufferUpperBand[]; double BufferLowerBand[]; double BufferCenterLine[]; //--- Global calculator object --- CHoltMACalculator *g_calculator; //+------------------------------------------------------------------+ //| Custom indicator initialization function. | //+------------------------------------------------------------------+ int OnInit() { SetIndexBuffer(0, BufferUpperBand, INDICATOR_DATA); SetIndexBuffer(1, BufferLowerBand, INDICATOR_DATA); SetIndexBuffer(2, BufferCenterLine, INDICATOR_DATA); ArraySetAsSeries(BufferUpperBand, false); ArraySetAsSeries(BufferLowerBand, false); ArraySetAsSeries(BufferCenterLine, false); PlotIndexSetInteger(0, PLOT_DRAW_BEGIN, 2); PlotIndexSetInteger(1, PLOT_DRAW_BEGIN, 2); PlotIndexSetInteger(2, PLOT_DRAW_BEGIN, 2); IndicatorSetString(INDICATOR_SHORTNAME, StringFormat("Holt Channel(%d, %d)", InpPeriod, InpForecastPeriod)); g_calculator = new CHoltMACalculator(); if(CheckPointer(g_calculator) == POINTER_INVALID || !g_calculator.Init(InpPeriod, InpAlpha, InpBeta)) { Print("Failed to initialize Holt MA Calculator."); return(INIT_FAILED); } return(INIT_SUCCEEDED); } //+------------------------------------------------------------------+ //| Custom indicator deinitialization function. | //+------------------------------------------------------------------+ void OnDeinit(const int reason) { if(CheckPointer(g_calculator) != POINTER_INVALID) delete g_calculator; } //+------------------------------------------------------------------+ //| Custom indicator iteration function. | //+------------------------------------------------------------------+ 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[]) { if(CheckPointer(g_calculator) != POINTER_INVALID) { //--- Step 1: Run the main calculation to get the core components double trend_buffer[]; g_calculator.Calculate(rates_total, InpSourcePrice, open, high, low, close, BufferCenterLine, trend_buffer); //--- Step 2: Calculate the channel bands based on the forecast and trend int forecast_period = (InpForecastPeriod < 1) ? 1 : InpForecastPeriod; for(int i = 2; i < rates_total; i++) { // Reconstruct the Level component: Level = Forecast - Trend double level = BufferCenterLine[i] - trend_buffer[i]; // Calculate the multi-period forecast for the bands BufferUpperBand[i] = level + forecast_period * trend_buffer[i]; BufferLowerBand[i] = level - forecast_period * trend_buffer[i]; } } return(rates_total); } //+------------------------------------------------------------------+ //+------------------------------------------------------------------+