//+------------------------------------------------------------------+
//| 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: