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#1 Selling Amibroker Plugin featuring:
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RSI Divergences with Buy/ Sell for Amibroker (AFL)
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_SECTION_BEGIN("RSI DIVERGENCE"); GraphXSpace=7; n=Param("% Reverse ",20,0,100,1); Buy=Sell=0; Var = Zig(RSI(), n); t= Trough(RSI(), n, 1); p= Peak(RSI(), n, 1); x[0] =Var[0]; price[0] = C[0]; j=0; // bearish divergence for ( i=0; i<BarCount; i++) { if(Var[i] == p[i]) { j++; x[j] =Var[i]; price[j] =C[i]; if(x[j] <x[j-1] && price[j-1]< price[j]) Sell[i] =1; } } // bullish divergence for ( i=0; i<BarCount; i++) { if(Var[i] == t[i]) { j++; x[j] =Var[i]; price[j] =C[i]; if(x[j] >x[j-1] && price[j]<price[j-1]) Buy[i] =1; } } //Plot(Var, "", 40, styleThick); Plot(RSI(n),"RSI",IIf(RSI(n) <= 30, colorBrightGreen,IIf(RSI(n) <= 50, colorGreen,IIf(RSI(n) <= 70, colorRed,colorPink))),stylethick); PlotShapes ( IIf(Sell, shapeCircle, shapeNone), colorGold, 0 , Var,0); PlotShapes ( IIf(Sell, shapeDownArrow, shapeNone), colorRed, 0 , Var,-10); PlotShapes( IIf(Buy, shapeCircle, shapeNone), colorGold, 0, Var,0); PlotShapes( IIf(Buy, shapeUpArrow, shapeNone), colorBrightGreen, 0, Var,-10); Plot(70, "Overbought", colorRed,styledots) ; Plot(30, "Oversold", colorGreen,styledots) ; Plot(50, "Center", colorBlue,styledots) ; _SECTION_END();