/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| ColorRSI.mq4 |
//| Copyright © 2006 , David W Honeywell , 12/12/2006 |
//| HellOnWheels.Trans@gmail.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006 , David W Honeywell , 12/12/2006"
#property link "HellOnWheels.Trans@gmail.com"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Green
#property indicator_color2 Red
#property indicator_maximum 100.0
#property indicator_minimum 0.0
#property indicator_level1 70
#property indicator_level2 50
#property indicator_level3 30
extern int IndicatorTime = 0;
extern int RSI_Periods = 3;
extern int Applied_Price = 0;
extern int LineWidth = 4;
extern int ShowBars = 1000;
double Buffer0[];
double Buffer1[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE,STYLE_SOLID,LineWidth);
SetIndexBuffer(0,Buffer0);
SetIndexStyle(1,DRAW_LINE,STYLE_SOLID,LineWidth);
SetIndexBuffer(1,Buffer1);
IndicatorShortName(" ColorRSI ( "+RSI_Periods+" )");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int limit=ShowBars;
//---- indicator calculation
for(int i=limit; i>=0; i--)
{
double RSIValue=iRSI(Symbol(),IndicatorTime,RSI_Periods,Applied_Price,i);
if (RSIValue > 50.00000000)
{
Buffer0[i] = RSIValue;
Buffer1[i] = EMPTY_VALUE;
if (Buffer0[i+1] == EMPTY_VALUE) Buffer0[i+1] = Buffer1[i+1];
}
else
{
Buffer0[i] = EMPTY_VALUE;
Buffer1[i] = RSIValue;
if (Buffer1[i+1] == EMPTY_VALUE) Buffer1[i+1] = Buffer0[i+1];
}
}
//---- done
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Relative strength index
Custom Indicators Used:
Order Management characteristics:
Other Features: