Relative Strength

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Relative Strength

Postby Damien » Sun Sep 26, 2010 6:29 pm

Hello;

first of all I want to apologize if you do not understand what I said, I am French and this is an automatic translation.

So, I created an indicator of relative strength for metatrader, the code is very simple, think you can bear the same for your platform?

In fact this is a first step in creating a variable that I'll call Idx:

Idx [i] = MathLog (Symbol_A) / MathLog (Symbol_B);

then the indicator that we see is:
Indicator [i]) MovingAverage (Idx, Fast) - MovingAverage (Idx, Slow)

And it colors the red zone or green depending on whether it is above 0 or not.

Here is a screen and code the indicator:)

Thks
Code: Select all
//+------------------------------------------------------------------+
//|                                               force relative.mq4 |
//|                      Copyright © 2010, MetaQuotes Software Corp. |
//|                                        http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2010, MetaQuotes Software Corp."
#property link      "http://www.metaquotes.net"

#property indicator_separate_window
#property indicator_buffers 3
extern string Paire="EURUSD";
extern int Barres=1000;
extern int Fast=1;
extern int Slow=100;


double Ma[];
double Up[];
double Down[];

double Idx[];



//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
   IndicatorBuffers(5);
   
   SetIndexBuffer(0,Ma);
   SetIndexStyle(0,DRAW_HISTOGRAM,0,3,LightGreen);
   SetIndexDrawBegin(0, Fast);
   
   SetIndexBuffer(1,Up);
   SetIndexStyle(1,DRAW_HISTOGRAM,0,3,Wheat);
   SetIndexDrawBegin(1, Fast);
   
   SetIndexBuffer(2,Down);
   SetIndexStyle(2,DRAW_LINE,0,2,Black);
   SetIndexDrawBegin(2, Fast);
   SetIndexBuffer(4, Idx);
   
   IndicatorShortName("Wtfx Fr: "+Paire+" "+Fast+" "+Slow+"");
 
//---- indicators*/
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//----
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
void 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=0;i<Barres;i++)
   {
   
    Idx[i]=(iClose(Symbol(),0,i)/iClose(Paire,0,i));
     
     
   }
   
     for(int k=0;k<Barres-Slow;k++)
     {
     Ma[k]=  iMAOnArray(Idx,0,Fast,0,MODE_SMA,k)-iMAOnArray(Idx,0,Slow,0,MODE_SMA,k);
     
     if(Ma[k]<0){
     Up[k]=Ma[k];
     }
     Down[k]=Ma[k];
     
   
     
   }
//----
   return(0);
  }
//+------------------------------------------------------------------+

Image
Damien
 
Posts: 1
Joined: Sun Sep 26, 2010 6:07 pm


Re: Relative Strength

Postby Apprentice » Wed Sep 29, 2010 7:29 am

Test.png


It seems to me that the MT4 Indicators formula differs from yours.
Can you clarify this.

RF.lua
(7.52 KiB) Downloaded 606 times

This indicator supports both modes.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36478
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


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