//+------------------------------------------------------------------+
//| RSI.mq4 |
//| Copyright © 2004, MetaQuotes Software Corp. |
//| http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2004, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net/"
#property indicator_separate_window
#property indicator_minimum 0
#property indicator_maximum 100
#property indicator_level1 30
#property indicator_level2 70
#property indicator_levelcolor DarkSlateGray
#property indicator_buffers 1
#property indicator_color1 DodgerBlue
//---- input parameters
extern int TimeFrame=0;
extern int RSIperiod=14;
extern int applied_price=0;
extern int MaxBarsToCount = 2500;
//---- buffers
double RSIBuffer[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//----
IndicatorBuffers(1);
//---- indicator line
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,RSIBuffer);
//---- name for DataWindow and indicator subwindow label
switch(TimeFrame)
{
case 1: string TimeFrameStr="M1"; break;
case 5 : TimeFrameStr="M5"; break;
case 15 : TimeFrameStr="M15"; break;
case 30 : TimeFrameStr="M30"; break;
case 60 : TimeFrameStr="H1"; break;
case 240 : TimeFrameStr="H4"; break;
case 1440 : TimeFrameStr="D1"; break;
case 10080 : TimeFrameStr="W1"; break;
case 43200 : TimeFrameStr="MN1"; break;
default : TimeFrameStr ="TF0";
}
short_name="RSI ("+RSIperiod+") ["+TimeFrameStr+"] ";
IndicatorShortName(short_name);
SetIndexLabel(0,short_name);
//----
if (TimeFrame<Period()) TimeFrame=Period();
//----
SetIndexDrawBegin(0,RSIperiod);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Relative Strength Index |
//+------------------------------------------------------------------+
int start()
{
datetime TimeArray[];
int i,shift,limit,y=0,counted_bars=IndicatorCounted();
ArrayCopySeries(TimeArray,MODE_TIME,Symbol(),TimeFrame);
limit = Bars-counted_bars;
limit = MathMax (limit,TimeFrame/Period());
limit= MathMin(limit,MaxBarsToCount);
for(i=0,y=0;i<limit;i++)
{
if (Time[i]<TimeArray[y]) y++;
RSIBuffer[i]=iRSI(NULL,TimeFrame,RSIperiod,applied_price,y) ;
}
//----
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_LINE
Indicators Used:
Relative strength index
Custom Indicators Used:
Order Management characteristics:
Other Features: