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Stoch Rsi for Amibroker (AFL)
vclaudio
almost 10 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 7)
Tags:
oscillator, amibroker

A simple and useful tool that I use often to recognize the trend

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("STOCHRSI");
// REM RSI indicator
 
rise=Max(0,Close-Ref(Close,-1));
fall=Max(0,Ref(Close,-1)-Close);
mmrise=Wilders(rise,21);
mmfall=Wilders(fall,21);
RS=mmrise/mmfall;
mioRSI=100-100/(1+RS);
 
//  REM Stocastic indicator
 
upper=HHV(High,21);
lower=LLV(Low,21);
oscillator=(Close-lower)/(upper-lower)*100;
lineaK=MA(oscillator, 21);
 
// REM StochRSI
 
stkrsi=((mioRSI*lineaK)/100)*1.43;
 
// return oscilla AS "StochRSI"
 
Plot(stkrsi,"StochRSI",colorBlue,styleLine);
_SECTION_END();

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