//+-------------------------------------------------------------------------+
//| 4Period_RSI_Arrows.mq4 |
//| transport_david thanks the many friends @ |
//| http://finance.groups.yahoo.com/group/MetaTrader_Experts_and_Indicators/|
//+-------------------------------------------------------------------------+
#property indicator_chart_window
#property indicator_buffers 8
#property indicator_color1 Honeydew
#property indicator_color2 Honeydew
#property indicator_color3 Pink
#property indicator_color4 Pink
#property indicator_color5 Coral
#property indicator_color6 Coral
#property indicator_color7 Red
#property indicator_color8 Red
//---- input parameters
extern int atf=5;//Period() in minutes
extern int btf=15;//Period() in minutes
extern int ctf=30;//Period() in minutes
extern int dtf=60;//Period() in minutes
extern int first_RSIperiods=9;
extern int second_RSIperiods=9;
extern int third_RSIperiods=9;
extern int fourth_RSIperiods=9;
extern int rsi.applied.price=5;
/*
Applied price constants. It can be any of the following values:
Constant Value Description
PRICE_CLOSE 0 Close price,
PRICE_OPEN 1 Open price,
PRICE_HIGH 2 High price,
PRICE_LOW 3 Low price,
PRICE_MEDIAN 4 Median price, (high+low)/2,
PRICE_TYPICAL 5 Typical price, (high+low+close)/3,
PRICE_WEIGHTED 6 Weighted close price, (high+low+close+close)/4.
*/
extern int shift=0;
extern int rsiUpperTrigger=62;
extern int rsiLowerTrigger=38;
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];
double ExtMapBuffer5[];
double ExtMapBuffer6[];
double ExtMapBuffer7[];
double ExtMapBuffer8[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_ARROW);
SetIndexArrow(0,234);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexEmptyValue(0,0.0);
SetIndexStyle(1,DRAW_ARROW);
SetIndexArrow(1,233);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexEmptyValue(1,0.0);
SetIndexStyle(2,DRAW_ARROW);
SetIndexArrow(2,234);
SetIndexBuffer(2,ExtMapBuffer3);
SetIndexEmptyValue(2,0.0);
SetIndexStyle(3,DRAW_ARROW);
SetIndexArrow(3,233);
SetIndexBuffer(3,ExtMapBuffer4);
SetIndexEmptyValue(3,0.0);
SetIndexStyle(4,DRAW_ARROW);
SetIndexArrow(4,234);
SetIndexBuffer(4,ExtMapBuffer5);
SetIndexEmptyValue(4,0.0);
SetIndexStyle(5,DRAW_ARROW);
SetIndexArrow(5,233);
SetIndexBuffer(5,ExtMapBuffer6);
SetIndexEmptyValue(5,0.0);
SetIndexStyle(6,DRAW_ARROW);
SetIndexArrow(6,234);
SetIndexBuffer(6,ExtMapBuffer7);
SetIndexEmptyValue(6,0.0);
SetIndexStyle(7,DRAW_ARROW);
SetIndexArrow(7,233);
SetIndexBuffer(7,ExtMapBuffer8);
SetIndexEmptyValue(7,0.0);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int i;
//----
for(i=Bars-50;i>=0;i--)
{
double one =iRSI(Symbol(),atf,first_RSIperiods,rsi.applied.price,i+shift);
if (one < rsiLowerTrigger)
ExtMapBuffer1[i]=High[i]+5*Point;
if (one > rsiUpperTrigger)
ExtMapBuffer2[i]=Low[i]-5*Point;
}
for(i=Bars-50;i>=0;i--)
{
double two =iRSI(Symbol(),btf,second_RSIperiods,rsi.applied.price,i+shift);
if (two < rsiLowerTrigger)
ExtMapBuffer3[i]=High[i]+8*Point;
if (two > rsiUpperTrigger)
ExtMapBuffer4[i]=Low[i]-8*Point;
}
for(i=Bars-50;i>=0;i--)
{
double three =iRSI(Symbol(),ctf,third_RSIperiods,rsi.applied.price,i+shift);
if (three < rsiLowerTrigger)
ExtMapBuffer5[i]=High[i]+11*Point;
if (three > rsiUpperTrigger)
ExtMapBuffer6[i]=Low[i]-11*Point;
}
for(i=Bars-50;i>=0;i--)
{
double four =iRSI(Symbol(),dtf,fourth_RSIperiods,rsi.applied.price,i+shift);
if (four < rsiLowerTrigger)
ExtMapBuffer7[i]=High[i]+14*Point;
if (four > rsiUpperTrigger)
ExtMapBuffer8[i]=Low[i]-14*Point;
}
//----
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_ARROW
Indicators Used:
Relative strength index
Custom Indicators Used:
Order Management characteristics:
Other Features: