Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
RSI DYNAMIC for Amibroker (AFL)
Copy & Paste Friendly
Back
_SECTION_BEGIN("RSI DYNAMIC");
i=0;
Period = Param("Period", 12, 2, 30, 1);
myRSI = RSI(Period);
Adev = StDev(myRSI, 3*Period);
Hiline = 50 + 2.2*Adev;
Loline = 40 - 1.6*Adev;
Plot(myRSI,"",colorBlue,8);
Plot(Hiline,"",colorRed,4);
Plot(Loline,"",colorGreen,4);
Title = " " +Name() +
" Dynamic RSI Threshold, t = " +
WriteVal(period, format=1.0) + " ";
Buy = (RSI(12)<= Loline);
Sell = (RSI(12)>= Hiline);
PlotShapes(Buy*shapeUpArrow,colorGreen);
PlotShapes(Sell*shapeDownArrow,colorRed);
R1=RSI(12)<= Loline ;
R2=RSI(12)>= Hiline ;
IIf(R1,i+1,i);
RSIStatus=WriteIf(R1,"Bullish",WriteIf(R2,"Bearish",WriteIf(IsNull(RSI(12)),"N/A","Neutral")));
RSIColor=IIf(R1,colorGreen,IIf(R2,colorRed,colorLightGrey));
Filter = 1;
AddTextColumn(RSIStatus,"RSI DYNAMIC",1,colorWhite,RSIColor);
_SECTION_END();