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Sidus V2 MT4
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Sidus V2 MT4

  #1 (permalink)
Elite Member
Futures Experience: Beginner
Platform: MT4, Ninja Trader
Favorite Futures: EUR/USD
Posts: 495 since Oct 2009
Thanks: 400 given, 626 received

Sidus V2 MT4

I found this indicator and it appears as if it is using the 14EMA, 21EMA, and cross of the 17RSI to determine an entry. However, when I put these indicators on the chart I get a different entry visually than the arrow. For example, the arror seems to occur before the 14/21 cross in some instances. Could someone look at the code and determine what it is doing? Am I missing something?


//| Sidus v.2 Entry Indicator.mq4 |
//| |
//| Ideas by Sidus |
#property copyright "Sidus"
#property link ""

#property indicator_chart_window
#property indicator_buffers 4
#property indicator_color1 Blue
#property indicator_color2 Red
#property indicator_color3 Blue
#property indicator_color4 DodgerBlue

#include <WinUser32.mqh>
//---- input parameters
extern int FastEMA=14;
extern int SlowEMA=21;
extern int RSIPeriod=17;
extern bool Alerts=false;
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];
//double rsi_sig[];
//---- variables
int sigCurrent=0;
int sigPrevious=0;
double pipdiffCurrent=0;
double pipdiffPrevious=0;
//| Custom indicator initialization function |
int init()
//---- indicators
//| Custom indicator deinitialization function |
int deinit()

//| Custom indicator iteration function |
int start()
int limit;
int counted_bars=IndicatorCounted();
double rsi_sig=0;
bool entry=false;
double entry_point=0;

//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;

//---- main loop
for(int i=0; i<limit; i++)
//---- ma_shift set to 0 because SetIndexShift called abowe
rsi_sig = iRSI(NULL, 0, RSIPeriod, PRICE_CLOSE, i);


Comment("pipdiffCurrent = "+pipdiffCurrent+" ");
if (pipdiffCurrent>0 && rsi_sig>50)
sigCurrent = 1; //Up
else if (pipdiffCurrent<0 && rsi_sig<50)
sigCurrent = 2; //Down
if (pipdiffCurrent>0)
sigCurrent = 1; //Up
else if (pipdiffCurrent<0)
sigCurrent = 2; //Down

if (sigCurrent==1 && sigPrevious==2)
ExtMapBuffer4[i-1] = High[i-1]-5*Point;
//ExtMapBuffer3[i] = Ask;
else if (sigCurrent==2 && sigPrevious==1)
ExtMapBuffer3[i-1] = Low[i-1]-5*Point;
//ExtMapBuffer4[i] = Bid;


if(Alerts && entry)
if (sigPrevious==1)
MessageBox("Entry point: buy at "+entry_point+"!!", "Entry Point", MB_OK);
else if (sigPrevious==2)
MessageBox("Entry point: sell at "+entry_point+"!!", "Entry Point", MB_OK);



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