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Custom RSI Indicater needed

  • #1
  • First Post: Feb 7, 2008 11:07pm Feb 7, 2008 11:07pm
I am looking for a RSI indicator that can display on my chat in the upper right hand corner what the RSI value is at

example: RSI: 58
or for below 50 it would be RSI: 41


this would be posted near the top right hand corner of the chart possibley have the RSI one color and the # different say GREEN for ABOVE 50 and RED for BELOW 50

if possible have the color change to Yellow if it was over 70 or under 30 that would help as well

I realize I can just attach a RSI at the bottom of the chart, but I would rather just be able to see a # value and know rather than have one more indicator taking up space on the chart

Really simple I think...
please if you can help that would be great
please post it here or PM me with results

thanks
M4X............ Hedging My Way To Profits!
  • #2
  • Feb 8, 2008 4:22am Feb 8, 2008 4:22am
Indeed, once you put 2 indicators together the template becomes ugly and hard-to-see it would be better to present such data in text instead.

I second your request, and I believe it's simple.
  • #3
  • Feb 8, 2008 7:56am Feb 8, 2008 7:56am
Hi M4X,

Attached File(s)
File Type: mq4 M4X - RSI.mq4   2 KB | 749 downloads


Regards,
lucidlamp

ps: I would think that upon int deinit() the X & Y positional values of the text label can be saved and called upon int init(), so as timeframes or pairs are changed on the chart the text label will remain in any position on the chart (for example if it is dragged) as opposed to being moved (by the code) when the text label is deleted then recreated in int init(), upon changing timeframes or pairs...?
  • #4
  • Feb 8, 2008 10:12am Feb 8, 2008 10:12am
Hi lucidlamp,

Great stuff, do you think you can put an extern for text size option, I tried via modifing the code (changing 8 to 15) but when i attach to the chart it remains the same size

Do you think it'll be a good idea to also be able to select what pair you want to display?

EURUSD RSI :58

Thanks in advance.
  • #5
  • Feb 8, 2008 12:19pm Feb 8, 2008 12:19pm
Thanks I will test it out... this is a big help!
M4X............ Hedging My Way To Profits!
  • #6
  • Feb 9, 2008 12:09am Feb 9, 2008 12:09am
Hi claypot,

Change the font size throughout the code, change all the 8's.

Or place this under the three extern's that are already there:

extern int FontSize=8;

Then go down and replace all the 8's throughout the code with FontSize.

Regards,
lucidlamp
  • #7
  • Feb 10, 2008 12:32am Feb 10, 2008 12:32am
Quoting M4X
I am looking for a RSI indicator that can display on my chat in the upper right hand corner what the RSI value is at

example: RSI: 58
or for below 50 it would be RSI: 41


this would be posted near the top right hand corner of the chart possibley have the RSI one color and the # different say GREEN for ABOVE 50 and RED for BELOW 50

if possible have the color change to Yellow if it was over 70 or under 30 that would help as well

I realize I can just attach a RSI at the bottom of the chart, but I would rather just be able to see a # value and know rather than have one more indicator taking up space on the chart

Really simple I think...
please if you can help that would be great
please post it here or PM me with results

thanks

Great idea.

Here is a Stochastic indicator also that might give someone some ideas.
It is basicaly the same idea.
When stoc is above 80 or below 20 the value is shown DarkOlive Green. But above 80 and below 20 the value is Highlighted a Bright Lime so that it catches your eye.

Something else I like to do also is set the RSI Fixed minimum at 25 and the Fixed Maximum to 75 in Parameters.
This exagerates the RSI line above and below the Mid line.

Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: RSI and Stochastics.JPG Size: 106 KB
Attached File(s)
File Type: mq4 Big Stochastic LA 8 3 3 .mq4   2 KB | 537 downloads
File Type: tpl rsi and big stochastic.tpl   3 KB | 481 downloads
Our IMAGINATION is the true holy grail!
  • #8
  • Last Post: Feb 11, 2008 8:12am Feb 11, 2008 8:12am
Ahh yes I didnt change the rest thanks lucilamp


Quoting lucidlamp
Hi claypot,

Change the font size throughout the code, change all the 8's.

Or place this under the three extern's that are already there:

extern int FontSize=8;

Then go down and replace all the 8's throughout the code with FontSize.

Regards,
lucidlamp
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