//+------------------------------------------------------------------+
//| BS_RSI.mq4 |
//| Copyright © 2008, masemus |
//| http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2008, masemus"
#property link "http://www.metaquotes.net"
#property indicator_separate_window
#property indicator_minimum -0.33
#property indicator_maximum 1.33
#property indicator_buffers 2
#property indicator_color1 SlateGray
#property indicator_color2 Red
//---- input parameters
extern int TF=0;
extern int PeriodRSI=5;
//---- indicator buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
string TimeFrameStr;
//+------------------------------------------------------------------
//| Custom indicator initialization function
//+------------------------------------------------------------------
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexStyle(1,DRAW_SECTION);
SetIndexBuffer(1,ExtMapBuffer2);
switch(TF)
{
case 1 : TimeFrameStr="Period_M1"; break;
case 5 : TimeFrameStr="Period_M5"; break;
case 15 : TimeFrameStr="Period_M15"; break;
case 30 : TimeFrameStr="Period_M30"; break;
case 60 : TimeFrameStr="Period_H1"; break;
case 240 : TimeFrameStr="Period_H4"; break;
case 1440 : TimeFrameStr="Period_D1"; break;
case 10080 : TimeFrameStr="Period_W1"; break;
case 43200 : TimeFrameStr="Period_MN1"; break;
default : TimeFrameStr="Current Timeframe"; TF=0;
}
IndicatorShortName("BS_RSI ("+PeriodRSI+","+TimeFrameStr+")");
//----
return(0);
}
//+------------------------------------------------------------------
//| RSIFilter_v1
//+------------------------------------------------------------------
int start()
{
int counted_bars=IndicatorCounted();
//----
for (int i = 0; i < 1000; i++){
ExtMapBuffer1[i]=0;
ExtMapBuffer2[i]=0;
double BS_RSI;
BS_RSI=iRSI(NULL,TF,PeriodRSI,PRICE_CLOSE,i);
if (BS_RSI>50)ExtMapBuffer2[i]=1;
if (BS_RSI<50)ExtMapBuffer1[i]=1;
}
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Implements a curve of type DRAW_LINE
Implements a curve of type DRAW_SECTION
Indicators Used:
Relative strength index
Custom Indicators Used:
Order Management characteristics:
Other Features: