For my, laguerre is better than RSI/STO, ( i work in 15 tf), try and compare :
//+------------------------------------------------------------------+
//| LaGuerre RSI v1.00.mq4 |
//| mladen |
//+------------------------------------------------------------------+
#property copyright "mladen modified by TIMEX"
#property link ""
#property indicator_separate_window
#property indicator_minimum 0
#property indicator_maximum 1
#property indicator_buffers 3
#property indicator_color1 Red
#property indicator_color2 Lime
#property indicator_color3 OrangeRed
//
//
// Alternative: Gama = 0.55,levels 0.75,0.45,0.15
//
//
extern double Gama = 0.5; //ootb was 0.77
extern int PriceType = 0;
extern double Level1 = 0.80;
extern double Level2 = 0.50;
extern double Level3 = 0.20;
extern bool ShowLevels = true;
extern bool ShowCrossings = true;
extern bool alertsOn = true;
extern bool alertsMessage = true;
extern bool alertsSound = false;
extern bool alertsEmail = false;
extern color LevelsColor = C'30,33,36';
//
//
//
//
//
double MainBuffer[];
double CUpBuffer[];
double CDnBuffer[];
double L0[];
double L1[];
double L2[];
double L3[];
string ShortName;
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int init()
{
IndicatorBuffers(7);
SetIndexBuffer(0, MainBuffer);
SetIndexBuffer(1, CUpBuffer);
SetIndexBuffer(2, CDnBuffer);
SetIndexBuffer(3, L0);
SetIndexBuffer(4, L1);
SetIndexBuffer(5, L2);
SetIndexBuffer(6, L3);
//
//
//
//
//
if (ShowCrossings)
{
SetIndexStyle(1,DRAW_ARROW);
SetIndexStyle(2,DRAW_ARROW);
SetIndexArrow(1,159);
SetIndexArrow(2,159);
}
else
{
SetIndexStyle(1,DRAW_NONE);
SetIndexStyle(2,DRAW_NONE);
}
//
//
//
//
//
ShortName=MakeUniqueName("Laguerre Alert "," ("+DoubleToStr(Gama,2)+")");
IndicatorShortName(ShortName);
SetIndexLabel(0,"Laguerre RSI");
return(0);
}
int deinit()
{
DeleteBounds();
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int i,limit;
if(counted_bars<0) return(-1);
if(counted_bars>0) counted_bars--;
limit = Bars - counted_bars;
//
//
//
//
//
for(i = limit; i >= 0 ; i--)
{
MainBuffer = LaGuerre(Gama,i,PriceType);
CUpBuffer = EMPTY_VALUE;
CDnBuffer = EMPTY_VALUE;
if (MainBuffer > Level1 && MainBuffer[i+1] < Level1) CUpBuffer = Level1;
if (MainBuffer < Level1 && MainBuffer[i+1] > Level1) CDnBuffer = Level1;
if (MainBuffer > Level3 && MainBuffer[i+1] < Level3) CUpBuffer = Level3;
if (MainBuffer < Level3 && MainBuffer[i+1] > Level3) CDnBuffer[i] = Level3;
}
//
//
//
//
//
if (ShowLevels) UpdateBounds();
if (alertsOn) CheckCrossings();
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
//
//
//
//
//
double LaGuerre(double gamma, int i, int priceType)
{
double Price = iMA(NULL,0,1,0,MODE_SMA,priceType,i);
double RSI = 0.00;
double CU = 0.00;
double CD = 0.00;
L0[i] = (1.0 - gamma)*Price + gamma*L0[i+1];
L1[i] = -gamma*L0[i] + L0[i+1] + gamma*L1[i+1];
L2[i] = -gamma*L1[i] + L1[i+1] + gamma*L2[i+1];
L3[i] = -gamma*L2[i] + L2[i+1] + gamma*L3[i+1];
if (L0[i] >= L1[i])
CU = L0[i] - L1[i];
else CD = L1[i] - L0[i];
if (L1[i] >= L2[i])
CU = CU + L1[i] - L2[i];
else CD = CD + L2[i] - L1[i];
if (L2[i] >= L3[i])
CU = CU + L2[i] - L3[i];
else CD = CD + L3[i] - L2[i];
//
//
//
//
//
if (CU + CD != 0) RSI = CU / (CU + CD);
return(RSI);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
//
//
//
//
//
void CheckCrossings()
{
if (CDnBuffer[0] == Level1) doAlert("level "+DoubleToStr(Level1,2)+" crossed down");
if (CUpBuffer[0] == Level3) doAlert("level "+DoubleToStr(Level3,2)+" crossed up");
}
//
//
//
//
//
void doAlert(string doWhat)
{
static string previousAlert="nothing";
static datetime previousTime;
string message;
if (previousAlert != doWhat || previousTime != Time[0]) {
previousAlert = doWhat;
previousTime = Time[0];
//
//
//
//
//
message = StringConcatenate(Symbol()," at ",TimeToStr(TimeLocal(),TIME_SECONDS)," Laguerre ",doWhat);
if (alertsMessage) Alert(message);
if (alertsEmail) SendMail(StringConcatenate(Symbol()," Laguerre line crossing"),message);
if (alertsSound) PlaySound("alert2.wav");
}
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
//
//
//
//
//
string MakeUniqueName(string first, string rest)
{
string result = first+(MathRand()%1001)+rest;
while (WindowFind(result)> 0)
result = first+(MathRand()%1001)+rest;
return(result);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
//
//
//
//
//
void DeleteBounds()
{
ObjectDelete(ShortName+"-1");
ObjectDelete(ShortName+"-2");
ObjectDelete(ShortName+"-3");
}
void UpdateBounds()
{
if (Level1 > 0) SetUpBound(ShortName+"-1",1.0000 ,Level1);
if (Level2 > 0) SetUpBound(ShortName+"-2",Level2*1.01,Level2*0.99);
if (Level3 > 0) SetUpBound(ShortName+"-3",Level3 , 0.0000);
}
void SetUpBound(string name, double up, double down,int objType=OBJ_RECTANGLE)
{
if (ObjectFind(name) == -1)
{
ObjectCreate(name,objType,WindowFind(ShortName),0,0);
ObjectSet(name,OBJPROP_PRICE1,up);
ObjectSet(name,OBJPROP_PRICE2,down);
ObjectSet(name,OBJPROP_COLOR,LevelsColor);
ObjectSet(name,OBJPROP_BACK,true);
ObjectSet(name,OBJPROP_TIME1,iTime(NULL,0,Bars-1));
}
if (ObjectGet(name,OBJPROP_TIME2) != iTime(NULL,0,0))
ObjectSet(name,OBJPROP_TIME2, iTime(NULL,0,0));
} |
