StochRSI_basic

Author: Copyright � 2007, Petr Doroshenko
Indicators Used
Relative strength indexMoving average indicator
Miscellaneous
Implements a curve of type %1
0 Views
0 Downloads
0 Favorites
StochRSI_basic
//+------------------------------------------------------------------+
//|                                            Basic    StochRSI.mq4 |
//|                                 Copyright © 2007, Petr Doroshenko|
//|                                            i7hornet@yahoo.com    |
//+------------------------------------------------------------------+

#property copyright "Copyright © 2007, Petr Doroshenko"
#property link      "i7hornet@yahoo.com"

#property indicator_separate_window
#property indicator_minimum -2
#property indicator_maximum 102
#property indicator_level1 5
#property indicator_level2 15
#property indicator_level3 20
#property indicator_level4 50
#property indicator_level5 80
#property indicator_level6 85
#property indicator_level7 95

#property indicator_buffers 2
#property indicator_color1 RoyalBlue
#property indicator_color2 Gold
//---- input parameters
extern int RPrice=5; //PRICE_TYPICAL 
extern int RPeriod=13;
extern int KPeriod=10;
extern int DPeriod=3;
extern int Slowing=2;
//---- buffers
double MainBuffer[];
double SignalBuffer[];
double HighesBuffer[];
double LowesBuffer[];
double rsi[];
//----
int draw_begin1=0;
int draw_begin2=0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
   string short_name;
//---- 3 additional buffers are used for counting.
   IndicatorBuffers(5);
   SetIndexBuffer(2, HighesBuffer);
   SetIndexBuffer(3, LowesBuffer);
   SetIndexBuffer(4, rsi);
//---- indicator lines
   SetIndexStyle(0,DRAW_LINE,STYLE_SOLID,2);
   SetIndexBuffer(0, MainBuffer);
   SetIndexStyle(1,DRAW_LINE,STYLE_SOLID,1);
   SetIndexBuffer(1, SignalBuffer);
//---- name for DataWindow and indicator subwindow label
   short_name="StochRSI("+RPeriod+","+KPeriod+","+DPeriod+","+Slowing+")";
   IndicatorShortName(short_name);
   SetIndexLabel(0,short_name);
   SetIndexLabel(1,"Signal");
//----
   draw_begin1=KPeriod+Slowing;
   draw_begin2=draw_begin1+DPeriod;
   SetIndexDrawBegin(0,draw_begin1);
   SetIndexDrawBegin(1,draw_begin2);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Stochastics formula applied to RSI                               |
//+------------------------------------------------------------------+
int start()
  {
   int    i,k;
   int    counted_bars=IndicatorCounted();
//---- check Slowing 
if (Slowing<=0) Slowing=1;
//----
   if(Bars<=draw_begin2) return(0);
//---- initial zero
   if(counted_bars<1)
     {
      for(i=1;i<=draw_begin1;i++) MainBuffer[Bars-i]=0;
      for(i=1;i<=draw_begin2;i++) SignalBuffer[Bars-i]=0;
     }
//---- initial RSI      
i=Bars-RPeriod;
if(counted_bars>RPeriod) i=Bars-counted_bars-1;
while(i>=0){rsi[i]=iRSI(NULL,0,RPeriod,RPrice,i); i--; }
//---- minimums & maximums counting
i=Bars-KPeriod;
if(counted_bars>KPeriod) i=Bars-counted_bars-1;
   while(i>=0)
     {
     double min=1000000, max=-1000000;
      k=i+KPeriod-1;
      while(k>=i)
        {
         min=MathMin(min,rsi[k]);
         max=MathMax(max,rsi[k]);
         k--;
        }
      LowesBuffer[i]=min;
      HighesBuffer[i]=max;
      i--;
     }
//---- %K line of RSI
   i=Bars-draw_begin1;
   if(counted_bars>draw_begin1) i=Bars-counted_bars-1;
   while(i>=0)
     {
      double sumlow=0.0;
      double sumhigh=0.0;
      for(k=(i+Slowing-1);k>=i;k--)
        {
         sumlow+=rsi[k]-LowesBuffer[k];
         sumhigh+=HighesBuffer[k]-LowesBuffer[k];
        }
      if(sumhigh==0.0) MainBuffer[i]=100.0;
      else MainBuffer[i]=sumlow/sumhigh*100;
      i--;
     }
//---- last counted bar will be recounted
   if(counted_bars>0) counted_bars--;
   int limit=Bars-counted_bars;
//---- signal line is simple movimg average
   for(i=0; i<limit; i++)
      SignalBuffer[i]=iMAOnArray(MainBuffer,Bars,DPeriod,0,MODE_SMA,i);
//----
   return(0);
  }
//+------------------------------------------------------------------+

Comments

Markdown supported. Formatting help

Markdown Formatting Guide

Element Markdown Syntax
Heading # H1
## H2
### H3
Bold **bold text**
Italic *italicized text*
Link [title](https://www.example.com)
Image ![alt text](image.jpg)
Code `code`
Code Block ```
code block
```
Quote > blockquote
Unordered List - Item 1
- Item 2
Ordered List 1. First item
2. Second item
Horizontal Rule ---