rsx_v1





//+------------------------------------------------------------------+
//|                                                          rsx.mq4 |
//|                Copyright © 2005, Nick Bilak, beluck[AT]gmail.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, Nick Bilak"
#property link      "http://metatrader.50webs.com/"

#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Magenta
#property indicator_level1 70
#property indicator_level2 30
#property indicator_level3 50
#property indicator_maximum 100
#property indicator_minimum 0
//---- input parameters
extern int       Len=14;
//---- buffers
double rsx[];
   
double f88, f90;
double f0, v4, v8, vC, v10, v14, v18, v20;
double f8, f10, f18, f20, f28, f30, f38, f48, v1C;
double f50, f58, f60, f68, f70, f78, f80, f40;

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
   SetIndexStyle(0,DRAW_LINE);
   SetIndexBuffer(0,rsx);
   IndicatorShortName("rsx("+Len+")");
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {

   int counted_bars=IndicatorCounted(),limit,shift;
   
   if (counted_bars<0) return(-1);
   if (counted_bars>0) counted_bars--;
   limit=Bars-Len-1;
   if(counted_bars>Len) limit=Bars-counted_bars-1;
   if (limit<2) limit=100;
   
   for (shift=limit;shift>=0;shift--)   {
      if (f90 == 0.0) {
         f90 = 1.0;
         f0 = 0.0;
         if (Len-1 >= 5) f88 = Len-1.0; else f88 = 5.0;
         f8 = 100.0*(High[shift]+Low[shift]); 
         f18 = 3.0 / (Len + 2.0);
         f20 = 1.0 - f18;
      } else {
         if (f88 <= f90) 
            f90 = f88 + 1; 
         else 
            f90 = f90 + 1;
         f10 = f8;
         f8  = 100*(High[shift]+Low[shift]); 
         v8  = f8 - f10;
         f28 = f20 * f28 + f18 * v8;
         f30 = f18 * f28 + f20 * f30;
         vC  = f28 * 1.5 - f30 * 0.5;
         f38 = f20 * f38 + f18 * vC;
         f40 = f18 * f38 + f20 * f40;
         v10 = f38 * 1.5 - f40 * 0.5;
         f48 = f20 * f48 + f18 * v10;
         f50 = f18 * f48 + f20 * f50;
         v14 = f48 * 1.5 - f50 * 0.5;
         f58 = f20 * f58 + f18 * MathAbs(v8);
         f60 = f18 * f58 + f20 * f60;
         v18 = f58 * 1.5 - f60 * 0.5;
         f68 = f20 * f68 + f18 * v18;
         f70 = f18 * f68 + f20 * f70;
         v1C = f68 * 1.5 - f70 * 0.5;
         f78 = f20 * f78 + f18 * v1C;
         f80 = f18 * f78 + f20 * f80;
         v20 = f78 * 1.5 - f80 * 0.5;
         if ((f88 >= f90) && (f8 != f10)) f0 = 1.0;
         if ((f88 == f90) && (f0 == 0.0)) f90 = 0.0;
      }
    
      if ((f88 < f90) && (v20 > 0.0000000001)) {
         v4 = (v14 / v20 + 1.0) * 50.0;
         if (v4 > 100.0) v4 = 100.0;
         if (v4 < 0.0) v4 = 0.0;
      } else {
         v4 = 50.0;
      }
 
      rsx[shift]=v4;
   }
   return(0);
  }





Sample





Analysis



Market Information Used:

Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar


Indicator Curves created:

Implements a curve of type DRAW_LINE


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: