Dynamic_Zone_RSI2





//+------------------------------------------------------------------+
//|                                             Dynamic Zone RSI.mq4 |
//|                                   Copyright © 2005, Pavel Kulko. |
//|                                                  polk@alba.dp.ua |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, Pavel Kulko"
#property link      "polk@alba.dp.ua"
#property indicator_buffers 3
#property indicator_color1 Lime
#property indicator_color2 SlateBlue
#property indicator_color3 Orange
#property indicator_separate_window
//----
extern int RSIPeriod=14;
extern int BandPeriod=20;
//----
double RSIBuf[],UpZone[],DnZone[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   SetIndexStyle(0,DRAW_LINE);
   SetIndexStyle(1,DRAW_LINE);
   SetIndexStyle(2,DRAW_LINE);
   SetIndexBuffer(0,RSIBuf);
   SetIndexBuffer(1,UpZone);
   SetIndexBuffer(2,DnZone);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   double MA, RSI[];
   ArrayResize(RSI,BandPeriod);
   int counted_bars=IndicatorCounted();
   int limit=Bars-counted_bars-1;
   for(int i=limit; i>=0; i--)
     {
      RSIBuf[i]=iRSI(NULL,0,RSIPeriod,PRICE_WEIGHTED,i);
      MA=0;
        for(int j=i; j<i+BandPeriod; j++) 
        {
         RSI[j-i]=RSIBuf[j];
         MA+=RSIBuf[j]/BandPeriod;
        }
      UpZone[i]=MA + (1.3185 * StDev(RSI,BandPeriod));
      DnZone[i]=MA - (1.3185 * StDev(RSI,BandPeriod));
     }
//----
   return(0);
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
double StDev(double& Data[], int Per)
  {
   return(MathSqrt(Variance(Data,Per)));
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
double Variance(double& Data[], int Per)
  {
   double sum, ssum;
   for(int i=0; i<Per; i++)
     {
      sum+=Data[i];
      ssum+=MathPow(Data[i],2);
     }
   return((ssum*Per - sum*sum)/(Per*(Per-1)));
  }
//+------------------------------------------------------------------+



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: