//+------------------------------------------------------------------+ //| StochRSI_Fast.mq5 | //| Copyright 2025, xxxxxxxx | //| | //+------------------------------------------------------------------+ #property copyright "Copyright 2025, xxxxxxxx" #property link "" #property version "1.00" #property description "Fast Stochastic RSI Oscillator" //--- Indicator Window and Level Properties --- #property indicator_separate_window #property indicator_buffers 3 // %K, %D, and RSI calculation buffer #property indicator_plots 2 #property indicator_level1 20.0 #property indicator_level2 80.0 #property indicator_minimum -10.0 #property indicator_maximum 110.0 //--- Plot 1: %K line #property indicator_label1 "%K" #property indicator_type1 DRAW_LINE #property indicator_color1 clrBlue #property indicator_style1 STYLE_SOLID #property indicator_width1 1 //--- Plot 2: %D line #property indicator_label2 "%D" #property indicator_type2 DRAW_LINE #property indicator_color2 clrOrange #property indicator_style2 STYLE_SOLID #property indicator_width2 1 //--- Input Parameters --- input int InpLengthRSI = 14; // RSI Length input int InpLengthStoch = 14; // Stochastic Length (%K Period) input int InpSmoothD = 3; // %D Smoothing (Signal Line) input ENUM_APPLIED_PRICE InpAppliedPrice = PRICE_CLOSE; // RSI Source Price //--- Indicator Buffers --- double BufferK[]; double BufferD[]; double BufferRSI[]; //--- Global Variables --- int ExtLengthRSI, ExtLengthStoch, ExtSmoothD; int handle_rsi; //--- Forward declarations for helper functions --- double Highest(const double &array[], int period, int current_pos); double Lowest(const double &array[], int period, int current_pos); //+------------------------------------------------------------------+ //| Custom indicator initialization function. | //+------------------------------------------------------------------+ void OnInit() { ExtLengthRSI = (InpLengthRSI < 1) ? 1 : InpLengthRSI; ExtLengthStoch = (InpLengthStoch < 1) ? 1 : InpLengthStoch; ExtSmoothD = (InpSmoothD < 1) ? 1 : InpSmoothD; SetIndexBuffer(0, BufferK, INDICATOR_DATA); SetIndexBuffer(1, BufferD, INDICATOR_DATA); SetIndexBuffer(2, BufferRSI, INDICATOR_CALCULATIONS); ArraySetAsSeries(BufferK, false); ArraySetAsSeries(BufferD, false); ArraySetAsSeries(BufferRSI, false); handle_rsi = iRSI(_Symbol, _Period, ExtLengthRSI, InpAppliedPrice); if(handle_rsi == INVALID_HANDLE) Print("Error creating iRSI handle."); IndicatorSetInteger(INDICATOR_DIGITS, 2); PlotIndexSetInteger(0, PLOT_DRAW_BEGIN, ExtLengthRSI + ExtLengthStoch - 2); PlotIndexSetInteger(1, PLOT_DRAW_BEGIN, ExtLengthRSI + ExtLengthStoch + ExtSmoothD - 3); IndicatorSetString(INDICATOR_SHORTNAME, StringFormat("Fast StochRSI(%d,%d,%d)", ExtLengthRSI, ExtLengthStoch, ExtSmoothD)); } //+------------------------------------------------------------------+ //| Fast Stochastic RSI 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[]) { if(rates_total < ExtLengthRSI + ExtLengthStoch) return(0); //--- STEP 1: Get RSI values from the standard indicator if(BarsCalculated(handle_rsi) < rates_total) return(0); if(CopyBuffer(handle_rsi, 0, 0, rates_total, BufferRSI) <= 0) return(0); //--- Main calculation loop for(int i = 0; i < rates_total; i++) { //--- STEP 2: Calculate Fast %K on the RSI buffer --- if(i >= ExtLengthRSI + ExtLengthStoch - 2) { // Since RSI is both high, low, and close, we use it for all double highest_rsi = Highest(BufferRSI, ExtLengthStoch, i); double lowest_rsi = Lowest(BufferRSI, ExtLengthStoch, i); double range = highest_rsi - lowest_rsi; if(range > 0.00001) // Use a small tolerance for floating point numbers BufferK[i] = (BufferRSI[i] - lowest_rsi) / range * 100.0; else BufferK[i] = (i > 0) ? BufferK[i-1] : 50.0; } else { BufferK[i] = 0; } //--- STEP 3: Calculate %D (Signal Line) as an SMA of %K --- if(i >= ExtLengthRSI + ExtLengthStoch + ExtSmoothD - 3) { double sum = 0; for(int j = 0; j < ExtSmoothD; j++) { sum += BufferK[i-j]; } BufferD[i] = sum / ExtSmoothD; } else { BufferD[i] = 0; } } return(rates_total); } //+------------------------------------------------------------------+ //| Finds the highest value in a given period of an array. | //+------------------------------------------------------------------+ double Highest(const double &array[], int period, int current_pos) { double res = array[current_pos]; for(int i = 1; i < period; i++) { int index = current_pos - i; if(index < 0) break; if(res < array[index]) res = array[index]; } return(res); } //+------------------------------------------------------------------+ //| Finds the lowest value in a given period of an array. | //+------------------------------------------------------------------+ double Lowest(const double &array[], int period, int current_pos) { double res = array[current_pos]; for(int i = 1; i < period; i++) { int index = current_pos - i; if(index < 0) break; if(res > array[index]) res = array[index]; } return(res); } //+------------------------------------------------------------------+ //+------------------------------------------------------------------+