Overbought-Oversold İndic.İdea---The Real McCoy

I think it is more accurate to identify overbought-oversold market with statical indicators (standart deviation,standart error bands, keltner channels...) than the RSI, CCI type indicators.So I came up with this idea:I combined Bollinger Bands %b indicator with Waddah Attar RSI Level indicator to identify overbought-oversold market.I believe the concept looks very promising.My problem is my coding knowledge close to zero(I know how to change the colour or how to change the text style mind! ).So can anyone code an alarm or an expert advisor when Bollinger Bands %b indicator(100, 50,0 levels) colllides( or correlates) with Waddah Attar RSI Level indicator?I am open to new improvements.Thanks in advance.

what do you mean by correlates exactly?
price reaches an RSI level and BB%b is above 100 or below 0?

And can you post both indicators? It will make it easier to see how each displays data which helps in building your indicator.

here they are. maybe tomorrow or next week i will have some time to make an alert indicator, but i should know what correlation does he mean exactly.

Yes Siro, this is what I mean, can you also add level 50? .I am looking forward to it , thanks for your efforts.

İs it possible for coders to convert this RSI formula from Easylanguage to MT4?Thanks in advance;

''It is possible to considerably improve standard oscillators using the detrended price instead of initial price. Here standard indicator RSI and the same indicator (a yellow line on the diagram) based on the TS_Wvl_DetrendPrice function are given. One can see that the modified indicator is smoother and catches the prices extrema much better then initial one'' http://www.traderssoft.com/sys/wt/ts/

Igorad, the Welles Wilder of Metatrader community,has been very kind and he converted the RSI indicator from Easylanguage to Metatrader.Thank you Igorad.