/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| 5 Min RSI 12-period qual INDICATOR |
//+------------------------------------------------------------------+
#property copyright "Ron T"
#property link "http://www.lightpatch.com"
#property indicator_chart_window
#property indicator_buffers 8
#property indicator_color1 DodgerBlue
//#property indicator_color1 Red
#property indicator_color2 HotPink
#property indicator_color3 LightPink
#property indicator_color4 MistyRose
#property indicator_color5 DodgerBlue
//#property indicator_color5 White
#property indicator_color6 LightGray
#property indicator_color7 LightSlateGray
#property indicator_color8 DarkGray
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];
double ExtMapBuffer5[];
double ExtMapBuffer6[];
double ExtMapBuffer7[];
double ExtMapBuffer8[];
// User Input
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//|------------------------------------------------------------------|
int init()
{
// 233 up arrow
// 234 down arrow
// 159 big dot
// 168 open square
SetIndexStyle(0,DRAW_ARROW);
SetIndexBuffer(0, ExtMapBuffer1);
SetIndexArrow(0,159); //up
SetIndexStyle(1,DRAW_ARROW);
SetIndexBuffer(1, ExtMapBuffer2);
SetIndexArrow(1,159); //down
SetIndexStyle(2,DRAW_ARROW);
SetIndexBuffer(2, ExtMapBuffer3);
SetIndexArrow(2,159);
SetIndexStyle(3,DRAW_ARROW);
SetIndexBuffer(3, ExtMapBuffer4);
SetIndexArrow(3,159);
SetIndexStyle(4,DRAW_ARROW);
SetIndexBuffer(4, ExtMapBuffer5);
SetIndexArrow(4,159);
SetIndexStyle(5,DRAW_ARROW);
SetIndexBuffer(5, ExtMapBuffer6);
SetIndexArrow(5,159);
SetIndexStyle(6,DRAW_ARROW);
SetIndexBuffer(6, ExtMapBuffer7);
SetIndexArrow(6,159);
SetIndexStyle(7,DRAW_ARROW);
SetIndexBuffer(7, ExtMapBuffer8);
SetIndexArrow(7,159);
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
int i;
for( i=0; i<Bars; i++ ) ExtMapBuffer1[i]=0;
for( i=0; i<Bars; i++ ) ExtMapBuffer2[i]=0;
for( i=0; i<Bars; i++ ) ExtMapBuffer3[i]=0;
for( i=0; i<Bars; i++ ) ExtMapBuffer4[i]=0;
for( i=0; i<Bars; i++ ) ExtMapBuffer5[i]=0;
for( i=0; i<Bars; i++ ) ExtMapBuffer6[i]=0;
for( i=0; i<Bars; i++ ) ExtMapBuffer7[i]=0;
for( i=0; i<Bars; i++ ) ExtMapBuffer8[i]=0;
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
// Current position if 55/45 or over/under. Does any of
// the previous 'qual' period ever fall below55/above45? (last11)
//
// If qual*2 periods have been above55/below45
// then lets not try to transact any more (last22)
int start()
{
double rsi=0; // Relative Strength Indicator
int i=0;
int pos=Bars-100; // leave room for moving average periods
int qual=11; // how many bars to qualify
bool last11=true; // qualify flag
bool last22=true; // qualify flag
while(pos>=0)
{
rsi=iRSI(Symbol(),0,28,PRICE_CLOSE,pos);
if (rsi>50)
{
//ExtMapBuffer8[pos]=High[pos]+0.0006;
last11=true;
for(i=pos+1; i<=(pos+qual); i++)
{
if (iRSI(Symbol(),0,28,PRICE_CLOSE,i)<50) last11=false;
}
//if (last11==true) ExtMapBuffer7[pos]=High[pos]+0.0004;
last22=true;
for(i=pos+1; i<=(pos+(qual*2)); i++)
{
if (iRSI(Symbol(),0,28,PRICE_CLOSE,i)<50) last22=false;
}
//if (last22==true) ExtMapBuffer6[pos]=High[pos]+0.0002;
if (last11==true && last22==false) ExtMapBuffer1[pos]=High[pos]+0.0003;
}
if (rsi<50)
{
//ExtMapBuffer4[pos]=Low[pos]-0.0006;
last11=true;
for(i=pos+1; i<=(pos+qual); i++)
{
if (iRSI(Symbol(),0,28,PRICE_CLOSE,i)>50) last11=false;
}
//if (last11==true) ExtMapBuffer3[pos]=Low[pos]-0.0004;
last22=true;
for(i=pos+1; i<=(pos+(qual*2)); i++)
{
if (iRSI(Symbol(),0,28,PRICE_CLOSE,i)>50) last22=false;
}
//if (last22==true) ExtMapBuffer2[pos]=Low[pos]-0.0002;
if (last11==true && last22==false) ExtMapBuffer5[pos]=Low[pos]-0.0003;
}
pos--;
}
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: