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FXA0_-_RSI_Crossing_50_plus_ATR_ver1.2.mq4

Time: 2010-05-08 | Download file:FXA0_-_RSI_Crossing_50_plus_ATR_ver1.2.mq4

//+------------------------------------------------------------------+
//|                                       FXA0 - RSI Crossing 50.mq4 |
//|                           Copyright © 2007, Adam J. Richter M.S. |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, Adam J. Richter M.S."
//Version 1.2 fixed 8 digit double to 4 digits and set to remove all objects in deinitialize 
#property indicator_chart_window
#property indicator_buffers 3
#property indicator_color1 Blue
#property indicator_color2 Red
#property indicator_color3 Green

double dUpRsiBuffer[];
double dDownRsiBuffer[];
double dSellBuffer[];

extern double ATR_Percent = 0.15;  //This value sets the ATR Used, The ATR is 15%
extern double RSI_Period = 21;  //This value sets the RSI Period Used, The default is 21
extern double ATR_Period = 21;  //This value sets the ATR Period Used, The default is 21
 
int RowNum = 0;
int LastTrend = -1;
int UP_IND    = 1;
int DOWN_IND  = 0;
 
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicator buffers mapping  
    SetIndexBuffer(0,dUpRsiBuffer);
    SetIndexBuffer(1,dDownRsiBuffer);  
    SetIndexBuffer(2,dSellBuffer); 
//---- drawing settings
    SetIndexStyle(0,DRAW_ARROW);
    SetIndexArrow(0,233); //241 option for different arrow head
    SetIndexStyle(1,DRAW_ARROW);
    SetIndexArrow(1,234); //242 option for different arrow head
    SetIndexStyle(2,DRAW_ARROW);
    SetIndexArrow(2,252);  //251 x sign or 252 green check
    
//----
    SetIndexEmptyValue(0,0.0);
    SetIndexEmptyValue(1,0.0);
    SetIndexEmptyValue(2,0.0);
//---- name for DataWindow
    SetIndexLabel(0,"Rsi Buy");
    SetIndexLabel(1,"Rsi Sell");
    SetIndexLabel(2,"Exit");
//----


   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
      ObjectsDeleteAll();
//----
   return(0);
  }
  
  
void printmyline(double vala, int topbottom) //print target line
{
   vala = NormalizeDouble(vala,4);
   if(topbottom==1)//target
   {
      ObjectCreate("theentry " + vala,OBJ_HLINE,0,0,vala);
      ObjectSet("theentry " + vala,OBJPROP_COLOR, Blue);
      ObjectSetText("theentry " + vala,"Long Entry",13,"Arial",Black);
   }
   if(topbottom==2)//stop
   {
      ObjectCreate("thestop " + vala,OBJ_HLINE,0,0,vala);
      ObjectSet("thestop " + vala,OBJPROP_COLOR, Blue);
      ObjectSetText("thestop " + vala,"Long Stop",13,"Arial",Black);
   }
}


void printmylinedown(double vala, int topbottom) //print target line
{
   vala = NormalizeDouble(vala,4);
   if(topbottom==1)//target
   {
      ObjectCreate("theentry " + vala,OBJ_HLINE,0,0,vala);
      ObjectSet("theentry " + vala,OBJPROP_COLOR, Red);
      ObjectSetText("theentry " + vala,"Short Entry",13,"Arial",Black);
   }
   if(topbottom==2)//stop
   {
      ObjectCreate("thestop " + vala,OBJ_HLINE,0,0,vala);
      ObjectSet("thestop " + vala,OBJPROP_COLOR, Red);
      ObjectSetText("thestop " + vala,"Short Stop",13,"Arial",Black);
   }
}
   
void deletealllines()
{
   ObjectsDeleteAll();
}

//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   int nBars,nCountedBars;

    nCountedBars=IndicatorCounted(); //ncountedbars 655
//---- check for possible errors
    if(nCountedBars<0) return(-1);
//---- last counted bar will be recounted    
    if(nCountedBars<=2)
       nBars=Bars-nCountedBars-3;
    
    if(nCountedBars>2)
      {
       nCountedBars--;
       nBars=Bars-nCountedBars-1; //number of bars in current chart-655-1
      }
double lastRSI60arrow = NULL; //if going long
double lastRSI40arrow = NULL; //if going short
int lastCloseLong=0;
int lastCloseShort=0;

   for (int ii=Bars; ii>0; ii--)
   {

      dUpRsiBuffer[ii]=0;
      dDownRsiBuffer[ii]=0;

      double myRSInow = iRSI(NULL,0,RSI_Period,PRICE_CLOSE,ii);
      double myRSI2 = iRSI(NULL,0,RSI_Period,PRICE_CLOSE,ii+1); //RSI One bar ago
      double myATR1 = iATR(NULL,PERIOD_D1,ATR_Period,ii);

      
      if (myRSInow>=50) //is going long
      {
         if(myRSInow>50 && myRSI2<50) //did it cross from below 50
         {
            deletealllines();
            dUpRsiBuffer[ii] = Low[ii] - 2 * MarketInfo(Symbol(),MODE_POINT);
            printmyline((iHigh(NULL,0,ii+1)+(myATR1*ATR_Percent)),1);
            printmyline((iHigh(NULL,0,ii+1)+(myATR1*ATR_Percent))-(0.30*myATR1),2);
            lastRSI60arrow=0;
            lastCloseLong=0;
         }
         if(myRSInow>=60 && myRSI2<60) //add to position at cross of 60, sometimes this can occur twice
         {
               if(lastRSI60arrow>=60) //don't draw another arrow
               {
               }
               if(lastRSI60arrow<=60) //draw another arrow for adding to position
               {
                  dUpRsiBuffer[ii] = Low[ii] - 2 * MarketInfo(Symbol(),MODE_POINT);
                  lastRSI60arrow = myRSInow;
               }
         }
         
         if(myRSInow<70 && myRSI2>=70) //sell first lot
         {
            if(lastCloseLong==0)
            {
               dSellBuffer[ii] = High[ii] + 2 * MarketInfo(Symbol(),MODE_POINT);
               lastCloseLong=1;
            }
         }
      }
      
      if(myRSInow<50)  //is going short
      {
         if(myRSInow<50 && myRSI2>50) //did it cross from above 50
         {
            deletealllines();
            dDownRsiBuffer[ii] = High[ii] + 2 * MarketInfo(Symbol(),MODE_POINT);
            printmylinedown((iLow(NULL,0,ii+1)-(myATR1*ATR_Percent)),1);
            printmylinedown((iLow(NULL,0,ii+1)-(myATR1*ATR_Percent))+(0.30*myATR1),2);
            lastCloseShort=0;
            lastRSI40arrow=myRSInow; //set out of area
         }
         if(myRSInow<40 && myRSI2>40)
         {
            if(lastRSI40arrow<=40) //don't draw another arrow
            {
               
            }
            if(lastRSI40arrow>=40) //draw another arrow to add to position
            {
               dDownRsiBuffer[ii] = High[ii] + 2 * MarketInfo(Symbol(),MODE_POINT);
               lastRSI40arrow=myRSInow; 
            }     
         }
         if(myRSInow>30 && myRSI2<30)
         {
            if(lastCloseShort==0)
            {
               dSellBuffer[ii] = Low[ii] - 4 * MarketInfo(Symbol(),MODE_POINT);
               lastCloseShort=1;
            }
         }
      } 
         
 
 
   }
}

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