//+------------------------------------------------------------------+
//| RSIvar_v1.mq4 |
//| Copyright � 2006, TrendLaboratory Ltd. |
//| http://finance.groups.yahoo.com/group/TrendLaboratory |
//| E-mail: igorad2004@list.ru |
//+------------------------------------------------------------------+
#property copyright "Copyright � 2006, TrendLaboratory Ltd."
#property link "http://finance.groups.yahoo.com/group/TrendLaboratory"
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 LightBlue
#property indicator_width1 2
#property indicator_level1 50
//---- input parameters
extern int Price = 0; //Applied Price(0-Close;1-Open;2-High;3-Low;4-Median;5-Typical;6-Weighted)
extern int Length = 27; // Period of evaluation
extern int MA_Mode = 1; // Mode of MA
//---- buffers
double RSI[];
double Bulls[];
double Bears[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorBuffers(3);
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,RSI);
SetIndexBuffer(1,Bulls);
SetIndexBuffer(2,Bears);
//---- name for DataWindow and indicator subwindow label
string short_name="RSIvar("+Price+","+Length+","+MA_Mode+")";
IndicatorShortName(short_name);
SetIndexLabel(0,"RSIvar");
//----
SetIndexDrawBegin(0,Length);
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int shift, limit, counted_bars=IndicatorCounted();
double Price1, Price2;
//----
if ( counted_bars < 0 ) return(-1);
if ( counted_bars ==0 ) limit=Bars-1;
if ( counted_bars < 1 )
for(int i=1;i<2*Length-1;i++)
RSI[Bars-i]=0;
if(counted_bars>0) limit=Bars-counted_bars;
limit--;
for( shift=limit; shift>=0; shift--)
{
Price1 = iMA(NULL,0,1,0,0,Price,shift);
Price2 = iMA(NULL,0,1,0,0,Price,shift+1);
Bulls[shift] = 0.5*(MathAbs(Price1-Price2)+(Price1-Price2));
Bears[shift] = 0.5*(MathAbs(Price1-Price2)-(Price1-Price2));
}
for( shift=limit; shift>=0; shift--)
{
double AvgBulls=iMAOnArray(Bulls,0,Length,0,MA_Mode,shift);
double AvgBears=iMAOnArray(Bears,0,Length,0,MA_Mode,shift);
if (AvgBulls!=0) RSI[shift] = 100.0/(1+AvgBears/AvgBulls);
else if (AvgBulls==0) RSI[shift] = 0;
}
//----
return(0);
}
//+------------------------------------------------------------------+