//+------------------------------------------------------------------+ //| RMI.mq4 | //| Copyright © 2006, DaVinciProject | //| http://www.metaquotes.net | //+------------------------------------------------------------------+ #property copyright "Copyright © 2006, DaVinciProject" #property link "http://www.metaquotes.net" #property indicator_separate_window #property indicator_buffers 1 #property indicator_color1 DodgerBlue #property indicator_level1 15 #property indicator_level2 85 //---- input parameters extern int RMIPeriod=5; extern int Shift=5; //---- buffers double RMIBuffer[]; double PosBuffer[]; double NegBuffer[]; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- indicators string short_name; //---- 2 additional buffers are used for counting. IndicatorBuffers(3); SetIndexBuffer(1,PosBuffer); SetIndexBuffer(2,NegBuffer); //---- indicator line SetIndexStyle(0,DRAW_LINE); SetIndexBuffer(0,RMIBuffer); //---- name for DataWindow and indicator subwindow label short_name="RMI("+RMIPeriod+")"; IndicatorShortName(short_name); SetIndexLabel(0,short_name); //---- SetIndexDrawBegin(0,RMIPeriod); //---- return(0); } //+------------------------------------------------------------------+ //| Custom indicator deinitialization function | //+------------------------------------------------------------------+ int deinit() { //---- //---- return(0); } //+------------------------------------------------------------------+ //| RMI - Relative Momentum Index | //+------------------------------------------------------------------+ int start() { int i,counted_bars=IndicatorCounted(); double rel,negative,positive; //---- if(Bars<=RMIPeriod) return(0); //---- initial zero if(counted_bars<1) for(i=1;i<=RMIPeriod;i++) RMIBuffer[Bars-i]=0.0; //---- i=Bars-RMIPeriod-1; if(counted_bars>=RMIPeriod) i=Bars-counted_bars-1; while(i>=0) { double sumn=0.0,sump=0.0; if(i==Bars-RMIPeriod-1) { int k=Bars-2; //---- initial accumulation while(k>=i) { rel=Close[k]-Close[k+Shift]; if(rel>0) sump+=rel; else sumn-=rel; k--; } positive=sump/RMIPeriod; negative=sumn/RMIPeriod; } else { //---- simple moving average rel=Close[i]-Close[i+Shift]; if(rel>0) sump=rel; else sumn=-rel; positive=(PosBuffer[i+1]*(RMIPeriod-1)+sump)/RMIPeriod; negative=(NegBuffer[i+1]*(RMIPeriod-1)+sumn)/RMIPeriod; } PosBuffer[i]=positive; NegBuffer[i]=negative; if(negative==0.0) RMIBuffer[i]=0.0; else RMIBuffer[i]=100.0*positive/(positive+negative); i--; } //---- return(0); } //+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: