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//+------------------------------------------------------------------+
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//| RSI_Oscillator.mq5 |
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//| Copyright 2025, xxxxxxxx |
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//| |
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//+------------------------------------------------------------------+
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#property copyright "Copyright 2025, xxxxxxxx"
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#property link ""
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#property version "1.00"
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#property description "RSI Oscillator (Histogram of RSI vs Signal Line)"
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//--- Indicator Window and Plot Properties ---
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#property indicator_separate_window
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#property indicator_buffers 1
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#property indicator_plots 1
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#property indicator_type1 DRAW_HISTOGRAM
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#property indicator_color1 clrSilver
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#property indicator_width1 1
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#property indicator_label1 "RSI Oscillator"
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#property indicator_level1 0.0
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#property indicator_levelstyle STYLE_DOT
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//--- Input Parameters ---
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input int InpPeriodRSI = 14;
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input ENUM_APPLIED_PRICE InpAppliedPrice = PRICE_CLOSE;
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input group "Signal Line Settings"
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input int InpPeriodMA = 14;
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input ENUM_MA_METHOD InpMethod = MODE_SMA;
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//--- Indicator Buffers ---
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double BufferOscillator[];
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//--- Global Variables ---
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int g_ExtPeriodRSI, g_ExtPeriodMA;
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int g_handle_rsi;
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//+------------------------------------------------------------------+
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//| Custom indicator initialization function. |
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//+------------------------------------------------------------------+
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int OnInit()
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{
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g_ExtPeriodRSI = (InpPeriodRSI < 1) ? 1 : InpPeriodRSI;
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g_ExtPeriodMA = (InpPeriodMA < 1) ? 1 : InpPeriodMA;
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SetIndexBuffer(0, BufferOscillator, INDICATOR_DATA);
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ArraySetAsSeries(BufferOscillator, false);
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int draw_begin = g_ExtPeriodRSI + g_ExtPeriodMA - 1;
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PlotIndexSetInteger(0, PLOT_DRAW_BEGIN, draw_begin);
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IndicatorSetString(INDICATOR_SHORTNAME, StringFormat("RSI Osc(%d,%d)", g_ExtPeriodRSI, g_ExtPeriodMA));
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IndicatorSetInteger(INDICATOR_DIGITS, 2);
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g_handle_rsi = iRSI(_Symbol, _Period, g_ExtPeriodRSI, InpAppliedPrice);
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if(g_handle_rsi == INVALID_HANDLE)
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{
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Print("Error creating iRSI handle.");
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return(INIT_FAILED);
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}
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return(INIT_SUCCEEDED);
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}
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//+------------------------------------------------------------------+
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//| Custom indicator deinitialization function. |
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//+------------------------------------------------------------------+
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void OnDeinit(const int reason)
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{
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IndicatorRelease(g_handle_rsi);
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}
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//+------------------------------------------------------------------+
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//| RSI Oscillator calculation function. |
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//+------------------------------------------------------------------+
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int OnCalculate(const int rates_total,
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const int prev_calculated,
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const datetime &time[],
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const double &open[],
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const double &high[],
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const double &low[],
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const double &close[],
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const long &tick_volume[],
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const long &volume[],
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const int &spread[])
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{
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int start_pos = g_ExtPeriodRSI + g_ExtPeriodMA - 1;
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if(rates_total <= start_pos)
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return(0);
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//--- Internal Buffers for calculation ---
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double buffer_rsi[], buffer_signal[];
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ArrayResize(buffer_rsi, rates_total);
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ArrayResize(buffer_signal, rates_total);
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//--- STEP 1: Get RSI values
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if(CopyBuffer(g_handle_rsi, 0, 0, rates_total, buffer_rsi) < rates_total)
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{
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Print("Error copying RSI buffer data.");
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}
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//--- STEP 2: Calculate the Signal Line (MA of RSI)
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for(int i = start_pos; i < rates_total; i++)
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{
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switch(InpMethod)
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{
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case MODE_EMA:
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case MODE_SMMA:
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if(i == start_pos)
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{
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double sum=0;
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for(int j=0; j<g_ExtPeriodMA; j++)
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sum+=buffer_rsi[i-j];
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buffer_signal[i] = sum/g_ExtPeriodMA;
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}
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else
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{
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if(InpMethod == MODE_EMA)
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{
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double pr=2.0/(g_ExtPeriodMA+1.0);
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buffer_signal[i] = buffer_rsi[i]*pr + buffer_signal[i-1]*(1.0-pr);
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}
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else
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buffer_signal[i] = (buffer_signal[i-1]*(g_ExtPeriodMA-1)+buffer_rsi[i])/g_ExtPeriodMA;
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}
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break;
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case MODE_LWMA:
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{
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double lwma_sum=0, weight_sum=0;
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for(int j=0; j<g_ExtPeriodMA; j++)
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{
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int weight=g_ExtPeriodMA-j;
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lwma_sum+=buffer_rsi[i-j]*weight;
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weight_sum+=weight;
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}
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if(weight_sum>0)
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buffer_signal[i]=lwma_sum/weight_sum;
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}
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break;
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default: // MODE_SMA
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{
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double sum=0;
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for(int j=0; j<g_ExtPeriodMA; j++)
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sum+=buffer_rsi[i-j];
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buffer_signal[i] = sum/g_ExtPeriodMA;
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}
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break;
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}
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}
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//--- STEP 3: Calculate the final Oscillator value
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for(int i = start_pos; i < rates_total; i++)
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{
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BufferOscillator[i] = buffer_rsi[i] - buffer_signal[i];
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}
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return(rates_total);
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}
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//+------------------------------------------------------------------+
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//+------------------------------------------------------------------+
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