5min_rsi_qual_02IND_v3





//+------------------------------------------------------------------+
//| 5 Min RSI 12-period qual INDICATOR                               |
//+------------------------------------------------------------------+
#property copyright "Ron T"
#property link      "http://www.lightpatch.com"
//----
#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 HotPink  // arrow up
#property indicator_color2 HotPink  // arrow down
#property indicator_color3 Aqua
#property indicator_color4 Red
#property indicator_color5 White
#property indicator_color6 HotPink
#property indicator_color7 LimeGreen
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];
double ExtMapBuffer5[];
double ExtMapBuffer6[];
double ExtMapBuffer7[];
// User Input
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//|------------------------------------------------------------------|
int init()
  {
   SetIndexStyle(0,DRAW_ARROW);
   SetIndexBuffer(0, ExtMapBuffer1);
   SetIndexArrow(0,233);  //up
//----
   SetIndexStyle(1,DRAW_ARROW);
   SetIndexBuffer(1, ExtMapBuffer2);
   SetIndexArrow(1,234);  //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);
   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;
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   double   rsi=0;        // Relative Strength Indicator
   int      i=0;
   int      pos=Bars-100; // leave room for moving average periods
//----
   bool   last11=true;        // qualify flag
   bool   last22=true;        // qualify flag
//----
   while(pos>=0)
     {
      rsi=iRSI(Symbol(),0,28,PRICE_CLOSE,pos);
//----
      if (rsi>=55)
        {
         ExtMapBuffer1[pos]=High[pos];
         last11=false;
         for(i=pos; i<pos+11; i++)
           {
            rsi=iRSI(Symbol(),0,28,PRICE_CLOSE,i);
            if (rsi>=55.0) last11=true;
           }
         if (last11==true)
           {
            ExtMapBuffer3[pos]=High[pos]+0.0001;
           }
         else
           {
            ExtMapBuffer5[pos]=High[pos]+0.0002;
           }
        }
      if (rsi<=45)
        {
         ExtMapBuffer2[pos]=Low[pos];
//----
         last11=false;
         for(i=pos; i<(pos+11); i++)
           {
            if (iRSI(Symbol(),0,28,PRICE_CLOSE,i)<=45) last11=true;
           }
         if (last11==true)
           {
            ExtMapBuffer4[pos]=Low[pos]-0.0001;
           }
         else
           {
            ExtMapBuffer6[pos]=Low[pos]-0.0002;
           }
        }
      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: