//+------------------------------------------------------------------+
//| T3_RSI.mq4 |
//| MojoFX |
//| http://groups.yahoo.com/group/MetaTrader_Experts_and_Indicators/ |
//+------------------------------------------------------------------+
#property copyright "MojoFX - Conversion only"
#property link "http://groups.yahoo.com/group/MetaTrader_Experts_and_Indicators/"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 White
extern int RSI_Period = 8;
extern int T3_Period = 50;
extern double T3_Curvature = 0.618;
extern bool Cross_Alert=true;
double t3Array[];
double rsiArray[];
double e1,e2,e3,e4,e5,e6;
double c1,c2,c3,c4;
double n,w1,w2,b2,b3;
//---- globals
int maxLines;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators setting
SetIndexStyle(0,DRAW_LINE,STYLE_SOLID,5,Red);
SetIndexStyle(1,DRAW_LINE,STYLE_SOLID,1,White);
IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS));
IndicatorShortName("T3 RSI Alert "+T3_Period);
SetIndexBuffer(0,t3Array);
SetIndexLabel(0,"T3 "+T3_Period);
SetIndexBuffer(1,rsiArray);
SetIndexLabel(1,"RSI "+T3_Period);
//---- variable reset
e1=0; e2=0; e3=0; e4=0; e5=0; e6=0;
c1=0; c2=0; c3=0; c4=0;
n=0;
w1=0; w2=0;
b2=0; b3=0;
b2=T3_Curvature*T3_Curvature;
b3=b2*T3_Curvature;
c1=-b3;
c2=(3*(b2+b3));
c3=-3*(2*b2+T3_Curvature+b3);
c4=(1+3*T3_Curvature+b3+3*b2);
n=T3_Period;
if (n<1) n=1;
n = 1 + 0.5*(n-1);
w1 = 2 / (n + 1);
w2 = 1 - w1;
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
double crossing;
int limit=Bars;
static datetime prevtime = 0;
//---- indicator calculation
for(int i=limit; i>=0; i--)
{
rsiArray[i] = iRSI(NULL,0,T3_Period,PRICE_CLOSE,i);
e1 = w1*rsiArray[i] + w2*e1;
e2 = w1*e1 + w2*e2;
e3 = w1*e2 + w2*e3;
e4 = w1*e3 + w2*e4;
e5 = w1*e4 + w2*e5;
e6 = w1*e5 + w2*e6;
t3Array[i]=c1*e6 + c2*e5 + c3*e4 + c4*e3;
}
if (Cross_Alert == true) {
if (prevtime == Time[0]) {
return(0);
}
else {
if((rsiArray[0] > t3Array[0]) && (rsiArray[1] < t3Array[1])) {
PlaySound("t3buy.wav"); //buy wav
}
else if((rsiArray[0] < t3Array[0]) && (rsiArray[1] > t3Array[1])) {
PlaySound("t3sell.wav"); //sell wav
}
prevtime = Time[0];
}
}
//----
DeleteLines();
for(i=WindowBarsPerChart(); i>0 ;i--)
{
crossing=(rsiArray[i]-t3Array[i])*(rsiArray[i+1]-t3Array[i+1]);
if (crossing < 0)
{
maxLines+=1;
ObjectCreate("T3Cross"+maxLines,0,0,Time[i],0);
ObjectSet("T3Cross"+maxLines,OBJPROP_COLOR,Red);
ObjectSet("T3Cross"+maxLines,OBJPROP_STYLE,STYLE_DOT);
}
}
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void DeleteLines()
{
for(int i=1;i<=maxLines;i++) ObjectDelete("T3Cross"+i); maxLines=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:
It plays sound alerts