Connors RSI.mq4

KelvinHand

Well-Known Member
#1
Note: For education purpose. use as your own risk

copy from another website

PHP:
//------------------------------------------------------------------
#property copyright "mladen"
#property link      "www.forex-tsd.com"
//indicators-expert-systems-tools/14880-rsi-indicator-47.html#post626857
//------------------------------------------------------------------
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1  LimeGreen

extern int RsiPeriod    = 3;
extern int UpDownPeriod = 2;
extern int ROCPeriod    = 100;
extern int Price        = PRICE_CLOSE;

//
//
//
//
//

double rsi[];
double prices[];
double updown[];
double roc[];

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
//
//
//
//
//

int init()
{
   IndicatorBuffers(4);
   SetIndexBuffer(0,rsi);
   SetIndexBuffer(1,prices);
   SetIndexBuffer(2,updown); SetIndexEmptyValue(2,0);
   SetIndexBuffer(3,roc);
   return(0);
}

//
//
//
//
//

int start()
{
   int counted_bars=IndicatorCounted();
     if(counted_bars<0) return(-1);
      if(counted_bars>0) counted_bars--;
           int limit=Bars-counted_bars;

   //
   //
   //
   //
   //
     
   for(int i=limit; i>=0; i--)
   {
      prices[i] = iMA(NULL,0,1,0,MODE_SMA,Price,i);
         if (prices[i] == prices[i+1]) updown[i] = 0;
         if (prices[i] <  prices[i+1]) if (updown[i+1] > 0) updown[i] = -1; else updown[i] = updown[i+1]-1;
         if (prices[i] >  prices[i+1]) if (updown[i+1] < 0) updown[i] =  1; else updown[i] = updown[i+1]+1;
   }
   for(i=limit; i>=0; i--)
   {   
      double trsi = iRSI(NULL,0,RsiPeriod,Price,i);
      double ursi = iRSIOnArray(updown,0,UpDownPeriod,i);
      roc[i]  = 0;
         if (prices[i+1]!=0) roc[i] = (prices[i]/prices[i+1]-1.0)*100.0;

         double ROC_Percent = 0;
	      for (int k=1; k<=ROCPeriod; k++)
      		if (roc[i] >= roc[i+k]) ROC_Percent++;
            	                     ROC_Percent = (ROC_Percent / ROCPeriod) * 100;

         //
         //
         //
         //
         //
         
         rsi[i] = (trsi + ursi + ROC_Percent) / 3.0;
   }         
   return(0);
}
 

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