//+------------------------------------------------------------------+
//|RSI_Filter_mtf Filter overRSI.mq4 |
//| Copyright © 2006, Indoforex Groups - Primajaya |
//| MTF:ForexTSD.com ki http://primaforex.blogspot.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Indoforex Groups"
#property link "http://primaforex.blogspot.com"
#property indicator_separate_window
#property indicator_minimum 0
#property indicator_maximum 1
#property indicator_buffers 4
#property indicator_color1 Blue
#property indicator_color2 Red
#property indicator_color3 SteelBlue
#property indicator_color4 Orange
#property indicator_width1 2
#property indicator_width2 2
#property indicator_width3 2
#property indicator_width4 2
//---- input parameters
extern int TimeFrame=0;
extern int PeriodeRSI = 14;
extern double UpTrendLevel = 61.80;
extern double DownTrendLevel = 38.20;
extern int MaxBarsToCount = 1500;
extern string _MainTrend = "50";
extern string _TimeFrames = "M1;5,15,30,60H1;240H4;1440D1;10080W1;43200MN|0-CurrentTF";
//---- indicator buffers
double UpBuffer1[];
double DnBuffer1[];
double UpBuffer2[];
double DnBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- indicator line
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexStyle(1,DRAW_HISTOGRAM);
SetIndexStyle(2,DRAW_HISTOGRAM);
SetIndexStyle(3,DRAW_HISTOGRAM);
SetIndexBuffer(0,UpBuffer1);
SetIndexBuffer(1,DnBuffer1);
SetIndexBuffer(2,UpBuffer2);
SetIndexBuffer(3,DnBuffer2);
//----
SetIndexDrawBegin(0,PeriodeRSI);
SetIndexDrawBegin(1,PeriodeRSI);
SetIndexDrawBegin(2,PeriodeRSI);
SetIndexDrawBegin(3,PeriodeRSI);
//---- name for DataWindow and indicator subwindow label
switch(TimeFrame)
{
case 1 : string 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";
}
//---- name for DataWindow and indicator subwindow label
short_name="RSI_Filter("+PeriodeRSI+") "+TimeFrameStr;
IndicatorShortName(short_name);
if (TimeFrame < Period()) TimeFrame = Period();
SetIndexLabel(0,"RSI>UpTrendL:Overbought or Strong Bulls");
SetIndexLabel(1,"RSI<DnTrendL:Oversold or Strong Bears");
SetIndexLabel(2,"50<RSI<UpTrendL:Trend Bulls");
SetIndexLabel(3,"50>RSI>DnTrendL:Trend Bears");
IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS));
return(0);
}
//+------------------------------------------------------------------+
//| ProSol Confirmation |
//+------------------------------------------------------------------+
int start()
{
int trend;
double RSI0;
datetime TimeArray[];
int shift,limit,y=0,counted_bars=IndicatorCounted();
// Plot defined time frame on to current time frame
ArrayCopySeries(TimeArray,MODE_TIME,Symbol(),TimeFrame);
limit=Bars-counted_bars;
limit=MathMax(limit,TimeFrame/Period());
limit=MathMin(limit,MaxBarsToCount);
for(shift=0,y=0;shift<limit;shift++)
{
if (Time[shift]<TimeArray[y]) y++;
RSI0=iRSI(NULL,TimeFrame,PeriodeRSI,PRICE_CLOSE,y);
if (RSI0> 50 && RSI0<UpTrendLevel) trend= 1;
if (RSI0>= UpTrendLevel) trend= 2;
if (RSI0<= 50 && RSI0>DownTrendLevel) trend=-1;
if (RSI0<= DownTrendLevel) trend=-2;
if (trend==1)
{
UpBuffer1[shift]=0;
UpBuffer2[shift]=1;
DnBuffer1[shift]=0;
DnBuffer2[shift]=0;
}
if (trend==2)
{
UpBuffer1[shift]=1;
UpBuffer2[shift]=0;
DnBuffer1[shift]=0;
DnBuffer2[shift]=0;
}
if (trend==-1)
{
UpBuffer1[shift]=0;
UpBuffer2[shift]=0;
DnBuffer1[shift]=0;
DnBuffer2[shift]=1;
}
if (trend==-2)
{
UpBuffer1[shift]=0;
UpBuffer2[shift]=0;
DnBuffer1[shift]=1;
DnBuffer2[shift]=0;
}
}
return(0);
}
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Relative strength index
Custom Indicators Used:
Order Management characteristics:
Other Features: