StocRSI 2_v2





//+------------------------------------------------------------------+
//|                                                    StocRSI 2.mq4 |
//|                                                     Emerald King |
//|                                     mailto:info@emerald-king.com |
//+------------------------------------------------------------------+
#property copyright "Emerald King"
#property link      "mailto:info@emerald-king.com"
//----
#property indicator_separate_window
#property indicator_color1 Red
//---- input parameters
extern int Len1=8;
extern int Len2=8;
extern int Len3=5;
extern int CountBars=950;
//----
double CU=0;
double CD=0;
double CUAve=0;
double CDAve=0;
double CUAveB=0;
double CDAveB=0;
double Count=0;
double RSI0[1000];
double HiR=0;
double LoR=0;
double StocR=0;
double StocRSI=0;
double Price=0;
int x=0;
double TempA=0;
double TempB=0;
double TempC=0;
int Lookback=0;
//----
double val1[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
//----
   Lookback=MathMax(Len1, Len2);
   Lookback=MathMax(Lookback, Len3);
   SetIndexBuffer(0,val1);
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- TODO: add your code here
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   if (CountBars>Bars) CountBars=Bars;
   SetIndexDrawBegin(0,Bars-CountBars+Lookback);
   int i;
   int    counted_bars=IndicatorCounted();
   //----
   if(CountBars<=Lookback) return(0);
//---- initial zero
   if(counted_bars<1)
     {
      for(i=1;i<=Lookback;i++) val1[CountBars-i]=0.0;
     }
   i=CountBars-Lookback-1;
   while(i>=0)
     {
      CU=0;
      CD=0;
      CUAveB=CUAve;
      CDAveB=CDAve;
//----
      for(x=i; x<i+Len1-1;x++)
        {
         if (Close[x] > Close[x + 1]) CU=CU + (Close[x] - Close[x + 1]);
         if (Close[x] < Close[x + 1]) CD=CD + (Close[x + 1] - Close[x]);
        }
      CU=CU/Len1;
      CD=CD/Len1;
      CUAve=CU;
      CDAve=CD;
//----
      if ((CUAve + CDAve)!=0) RSI0[i]=CUAve/(CUAve+ CDAve);
      if (i > Lookback)
        {
         CUAve=(CUAveB *(Len1 - 1) + CU)/Len1;
         CDAve=(CDAveB *(Len1 - 1) + CD)/Len1;
        }
      if ((CUAve + CDAve)!=0) RSI0[i]=CUAve/(CUAve+ CDAve);
//----
      for(x=i; x<i+Len2-1; x++)
        {
         if(x==i )
           {
            TempA=RSI0[x];
            TempB=RSI0[x];
           }
         if(RSI0[x] > TempA )
            TempA=RSI0[x];
         if(RSI0[x] < TempB )
            TempB=RSI0[x];
        }
      HiR=TempA;
      LoR=TempB;
//----
      if (HiR!=LoR) StocR=(RSI0[i] - LoR)/ (HiR - LoR);
//----
      StocRSI=0;
      TempC=0;
//----
      for(x=i; x<i+Len3-1;x++)
        {
         StocRSI=StocRSI + (Len3 - x) * StocR;
         TempC=TempC + (x+1);
        }
      if(TempC!=0)StocRSI=StocRSI/TempC;
      if(StocRSI > 0 )
         val1[i]=val1[i+1];
      else
         val1[i]=StocRSI;
      i--;
     }
   return(0);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:

Series array that contains close prices for each bar


Indicator Curves created:



Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: