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TRSI1.mq4

Time: 2017-04-13 | Download file:TRSI1.mq4

//+------------------------------------------------------------------+
//|                                                       TRSI       |
//|                                    Copyright © 2007, Robert Hill |
//|                                       http://www.metaquotes.net/ |
//|                                                                  |
//| This is the formula from Mario:
//|
//| 1) RSI 14 period of close. Plot this as the gray line
//|
//| 2) 3-period exponential moving average of #1 above.
//|
//| 3) 3-period exponential moving average of #2 above.
//|
//| 4) 3-period exponential moving average of #3 above.
//|    Plot this as the blue line.
//|
//| 5) 5-period simple moving average of #4 above
//|    displaced 3 bars to the right.
//|    Plot this as the red line.
//|                                                                  |
//+------------------------------------------------------------------+
#property  copyright "Copyright © 2006, Robert Hill "
#property  link      "http://www.metaquotes.net/"

//---- indicator settings
#property  indicator_separate_window
#property  indicator_buffers 3
#property  indicator_color1  Gray
#property  indicator_color2  Aqua
#property  indicator_color3  Red
#property  indicator_width1  1
#property  indicator_width2  1
#property  indicator_width3  1
      
extern string  r1=" 1. RSI(14) of Close";
extern string  r2=" 2. EMA(3) of #1";
extern string  r3=" 3. EMA(3) of #2";
extern string  r4=" 4. EMA(3) of #3";
extern string  r5=" 5. SMA(5) of #4";
extern string  r6="    shifted right 3 bars";

extern int     RSI_Period = 14;
extern string  p = "--Applied Price Types--";
extern string  p0 = " 0 = close";
extern string  p1 = " 1 = open";
extern string  p2 = " 2 = high";
extern string  p3 = " 3 = low";
extern string  p4 = " 4 = median(high+low)/2";
extern string  p5 = " 5 = typical(high+low+close)/3";
extern string  p6 = " 6 = weighted(high+low+close+close)/4";
extern int     RSI_AppliedPrice = 0;//0=close, 1=open, 2=high, 3=low, 4=median(high+low)/2, 5=typical(high+low+close)/3, 6=weighted(high+low+close+close)/4
extern int     EMA1_Period = 3;
extern int     EMA2_Period = 3;
extern int     EMA3_Period = 3;
extern int     SMA_Period = 5;
extern int     SMA_Shift = 3;
extern bool    PlotRSI = true;
extern bool    PlotEMA3 = true;
extern bool    PlotTRSI = true;


//---- buffers
double RSI[];
double EmaOfRSI[];
double EmaOfEmaOfRSI[];
double EmaOfEmaOfEmaOfRSI[];
double TRSI[];
double TempRSI[];
double TempEma3RSI[];


//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
  
//---- drawing settings
   IndicatorBuffers(8);
   SetIndexStyle(0,DRAW_LINE);
   SetIndexStyle(1,DRAW_LINE);
   SetIndexStyle(2,DRAW_LINE);
   SetIndexDrawBegin(0,RSI_Period);
   IndicatorDigits(4);

//---- 3 indicator buffers mapping
   if(!SetIndexBuffer(0,RSI) &&
      !SetIndexBuffer(1,EmaOfEmaOfEmaOfRSI) &&
      !SetIndexBuffer(2,TRSI) &&
      !SetIndexBuffer(3,EmaOfRSI) &&
      !SetIndexBuffer(4,EmaOfEmaOfRSI) &&
      !SetIndexBuffer(5,TempRSI) &&
      !SetIndexBuffer(6,TempEma3RSI))
      Print("cannot set indicator buffers!");
//---- name for DataWindow and indicator subwindow label
   SetIndexLabel(0,"RSI");
   SetIndexLabel(1,"TripleEmaOfRSI");
   SetIndexLabel(2,"TRSI");
   SetLevelStyle(STYLE_DOT, 1, Gray);
   SetLevelValue(0, 30);
   SetLevelValue(1, 50);
   SetLevelValue(2, 70);
   
   IndicatorShortName("TRSI("+RSI_Period+")");
//---- initialization done
   return(0);
  }

int start()
{
   int i, limit;
   int    counted_bars=IndicatorCounted();
   if(counted_bars>0) counted_bars--;
   limit=Bars-counted_bars - RSI_Period;
  
 
// 1) RSI 14 period of close. Plot this as the gray line
   for(i = limit; i >= 0; i--)
       TempRSI[i] = iRSI(NULL,0,RSI_Period,RSI_AppliedPrice,i);
       
// 2) 3-period exponential moving average of #1 above.
   for(i = limit; i >=0; i--)
       EmaOfRSI[i] = iMAOnArray(TempRSI,Bars,EMA1_Period,0,MODE_EMA,i);
       
// 3) 3-period exponential moving average of #2 above.
   for(i = limit; i >=0; i--)
       EmaOfEmaOfRSI[i] = iMAOnArray(EmaOfRSI,Bars,EMA2_Period,0,MODE_EMA,i);
       
// 4) 3-period exponential moving average of #3 above.
   for(i = limit; i >=0; i--)
       TempEma3RSI[i] = iMAOnArray(EmaOfEmaOfRSI,Bars,EMA3_Period,0,MODE_EMA,i);
         
//========== COLOR CODING ===========================================               
        
// 5) 5-period simple moving average of #4 above
//    displaced 3 bars to the right.
   for(i = limit; i >=0; i--)
   {
       if (PlotRSI) RSI[i] = TempRSI[i]; else RSI[i] = EMPTY_VALUE;
       if (PlotEMA3) EmaOfEmaOfEmaOfRSI[i] = TempEma3RSI[i]; else EmaOfEmaOfEmaOfRSI[i] = EMPTY_VALUE;
       if (PlotTRSI) TRSI[i] = iMAOnArray(TempEma3RSI,Bars,SMA_Period,SMA_Shift,MODE_SMA,i);
   }
   
       
      return(0);
  }
//+------------------------------------------------------------------+


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