IncRSIONArray - MetaTrader 5 Library | Forex Indicator Download - MT4/MT5 Resources

The method OnInit( ) function with the following parameters is called in the initialization( ) function:

The method OnCalculate() is called with the following parameters in the resolve() function:

Test_RSIOnArray.mq5 is a sample indicator showing CRSIOnArray class application. The IncRSIONArray file must be placed in the terminal data folder MQL5\Include\IncOnArray (the IncOnArray folder must be created).

The CMAOnArray class in the IncMAOnArray file is required to work properly. Can be found here .

The Relative Strength Index technical indicator (RSI) is a price following oscillator that ranges from 0 to 100. A popular way to analyze the RSI is to look for divergences where a security makes a new high but the RSI fails to surpass the previous high. This divergence signals an imminent reversal. When the RSI then turns lower and breaks below the recent low, it is said to have completed a "failure swing." A failed move is considered confirmation that a reversal is imminent.

Attachment download

📎 incmaonarray.mqh (5.07 KB)

📎 incrsionarray.mqh (3.09 KB)

📎 test_rsionarray.mq5 (2.71 KB)

Source: MQL5 #652