//+------------------------------------------------------------------+ //| CutlerRSI_Oscillator.mq5 | //| Copyright 2025, xxxxxxxx | //| | //+------------------------------------------------------------------+ #property copyright "Copyright 2025, xxxxxxxx" #property link "" #property version "1.00" #property description "Cutler's RSI Oscillator (Histogram of RSI vs Signal Line)" //--- Indicator Window and Plot Properties --- #property indicator_separate_window #property indicator_buffers 1 #property indicator_plots 1 #property indicator_type1 DRAW_HISTOGRAM #property indicator_color1 clrSilver #property indicator_width1 1 #property indicator_label1 "Cutler's RSI Osc" #property indicator_level1 0.0 #property indicator_levelstyle STYLE_DOT //--- Input Parameters --- input int InpPeriodRSI = 14; input ENUM_APPLIED_PRICE InpAppliedPrice = PRICE_CLOSE; input group "Signal Line Settings" input int InpPeriodMA = 14; input ENUM_MA_METHOD InpMethodMA = MODE_SMA; //--- Indicator Buffers --- double BufferOscillator[]; //--- Global Variables --- int g_ExtPeriodRSI, g_ExtPeriodMA; //+------------------------------------------------------------------+ //| Custom indicator initialization function. | //+------------------------------------------------------------------+ int OnInit() { g_ExtPeriodRSI = (InpPeriodRSI < 1) ? 1 : InpPeriodRSI; g_ExtPeriodMA = (InpPeriodMA < 1) ? 1 : InpPeriodMA; SetIndexBuffer(0, BufferOscillator, INDICATOR_DATA); ArraySetAsSeries(BufferOscillator, false); int draw_begin = g_ExtPeriodRSI + g_ExtPeriodMA - 1; PlotIndexSetInteger(0, PLOT_DRAW_BEGIN, draw_begin); IndicatorSetString(INDICATOR_SHORTNAME, StringFormat("CutlerRSI Osc(%d,%d)", g_ExtPeriodRSI, g_ExtPeriodMA)); IndicatorSetInteger(INDICATOR_DIGITS, 2); return(INIT_SUCCEEDED); } //+------------------------------------------------------------------+ //| Cutler's RSI Oscillator calculation function. | //+------------------------------------------------------------------+ int OnCalculate(const int rates_total, const int prev_calculated, const datetime &time[], const double &open[], const double &high[], const double &low[], const double &close[], const long &tick_volume[], const long &volume[], const int &spread[]) { int start_pos = g_ExtPeriodRSI + g_ExtPeriodMA - 1; if(rates_total <= start_pos) return(0); //--- Internal Buffers for calculation --- double buffer_rsi[], buffer_signal[]; ArrayResize(buffer_rsi, rates_total); ArrayResize(buffer_signal, rates_total); //--- STEP 1: Calculate Cutler's RSI internally --- { double price_source[]; ArrayResize(price_source, rates_total); for(int i=0; i 0) ? diff : 0; double neg_change = (diff < 0) ? -diff : 0; sum_pos += pos_change; sum_neg += neg_change; if(i > g_ExtPeriodRSI) { double old_diff = price_source[i - g_ExtPeriodRSI] - price_source[i - g_ExtPeriodRSI - 1]; sum_pos -= (old_diff > 0) ? old_diff : 0; sum_neg -= (old_diff < 0) ? -old_diff : 0; } if(i >= g_ExtPeriodRSI) { if(sum_neg > 0) { double rs = (sum_pos / g_ExtPeriodRSI) / (sum_neg / g_ExtPeriodRSI); buffer_rsi[i] = 100.0 - (100.0 / (1.0 + rs)); } else buffer_rsi[i] = 100.0; } } } //--- STEP 2: Calculate the Signal Line (MA of Cutler's RSI) --- for(int i = start_pos; i < rates_total; i++) { switch(InpMethodMA) { case MODE_EMA: case MODE_SMMA: if(i == start_pos) { double sum=0; for(int j=0; j0) buffer_signal[i]=lwma_sum/weight_sum; } break; default: // MODE_SMA { double sum=0; for(int j=0; j