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 ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Determine price at a specific RSI for Amibroker (AFL)

Rating:
4 / 5 (Votes 5)
Tags:
oscillator, amibroker, pivots

RSI Levels – appplied to Price Chart shows how far tomorrow’s closing price has to move in order for the RSI to cross the 70, 50 & 30 levels. Modified for black background and ami 5.00

Screenshots

Similar Indicators / Formulas

Coppock Modified
Submitted by sandek007 over 14 years ago
RSI 2 with Averages
Submitted by MelloTrader over 13 years ago
Klinger Oscillator
Submitted by Yohannes almost 14 years ago
Netto-Trend Reversal Index
Submitted by sherbaaz over 14 years ago
HEIKIN ASHI CANDLESTICK OSCILLATOR
Submitted by AndrewThomas almost 14 years ago
Volume MACD
Submitted by RAJESH D. over 14 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Determine price at a specific RSI");
// RSI Levels - appplied to Price Chart shows how far 
// tomorrow's closing price has to move in order for 
// the RSI to cross the 70, 50 & 30 levels. 

pd = Param("Periods",13,5,144,1); 
pds = 2*pd-1;//     (Adjustment for Wilders MA) 
aa = Close-Ref(Close,-1); 
uu = EMA(Max(0,aa),pds); 
dd=  EMA((Max(0,0-aa)),pds); 

rf = IIf(C>2,1000,10000); 

c1 = Param("Upper Level",70,50,90,1); 
qq1 =100/(100-c1)-1; 
ff1 = qq1*dd-uu; 
ff2 = ff1/qq1; 
f1 = Max(ff1,ff2); 
UL = Close + f1*(pds-1)/2; 
UL = IIf(UL>C,floor(UL*rf),ceil(UL*rf))/rf; 

c2 = Param("Equilibrium",50,50,50,0); 
qq2 =100/(100-c2)-1;// [=1] 
ff = dd-uu; 
MM = Close + ff*(pds-1)/2; 
MM = IIf(MM>C,floor(MM*rf),ceil(MM*rf))/rf; 

c3 = Param("Lower Level",30,10,50,1); 
qq3 =100/(100-c3)-1; 
ff1 = qq3*dd-uu; 
ff2 = ff1/qq3; 
f3 = Min(ff1,ff2); 
LL = Close + f3*(pds-1)/2; 
LL = IIf(LL>C,floor(LL*rf),ceil(LL*rf))/rf; 

Plot(UL,"",colorRed,1); 
Plot(MM,"",colorYellow,32); 
Plot(LL,"",colorGreen,1); 

Cbr = IIf(UL<C,27,IIf(LL>C,32,IIf(MM>C,11,8))); 
PlotOHLC(O,H,L,C,"",cbr,styleCandle); 

Title = Name() + "  -  RSI(" + WriteVal(pd,0.0) + ")  -  Close=" +  WriteVal(Close,0.3) + "    UL=" +  WriteVal(UL,0.4) + "    MM=" +  WriteVal(MM,0.4) + "    LL=" +  WriteVal(LL,0.4);
_SECTION_END();

_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) ));
Plot( C, "Close", ParamColor("Color", colorWhite ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
if( ParamToggle("Tooltip shows", "All Values|Only Prices" ) )
{
 ToolTip=StrFormat("Open: %g\nHigh:  %g\nLow:   %g\nClose:  %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 )));
}
_SECTION_END();



_SECTION_BEGIN("GIP-3");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) ));
Plot( C, "Close", ParamColor("Color", colorWhite ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
if( ParamToggle("Tooltip shows", "All Values|Only Prices" ) )
{
 ToolTip=StrFormat("Open: %g\nHigh:  %g\nLow:   %g\nClose:  %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 )));
}

// -- what will be our lookback range for the hh and ll?
nBars = Param("Number of bars", 12, 5, 40);
bTrace = Param("Include trace output", 1, 0, 1);
nNoPivsInSetup = Param("No. Pivs in Setup", 4, 3, 4, 1);
bShowTCZ = Param("Show TCZ", 1, 0, 1); 
nMinBarsBtwPivs = Param("Min. number of bars btw. pivots", 1, 1, 10, 1);
nMinPctBtwPivs = Param("Min. percent diff. btw. pivots", .05, .04, .2, .01);
bLastBarCanBePiv = Param("Last bar can be a pivot", 1, 0, 1); 
retrcTolerance = .01;
tczTolerance = .005;
nNumBarsToScan = 120;

// -- added from exploration version 20040204
nExploreBarIdx = 0;
nExploreDate = 0;
nCurDateNum = 0;
DN = DateNum();
DT = DateTime();

// -- key exploration variables
bTCZLong = False;
bTCZShort = False;
nAnchorPivIdx = 0;

ADX8 = ADX(8);

// 1 - INDICATOR, 2 - COMMENTARY, 3 - SCAN, 
// 4 - EXPLORATION, 5 - BACKTEST / Optimize 
if(Status("action")==1) {
	bDraw = True;
	bUseLastVis = Param("Use last visible bar", 1, 0, 1);
} else {
	bDraw = False;
	bUseLastVis = False;
	bTrace = False;
	nExploreDate = Status("rangetodate");
	for (i=LastValue(BarIndex());i>=0;i--) {
		nCurDateNum = DN[i];
		if (nCurDateNum == nExploreDate) {
			nExploreBarIdx = i;
		}
	}
// -- if(Status("action")==1...
}

GraphXSpace=7;

// -- basic candle chart
// -- if this appears inside if block, strange
//    drawing results!
PlotOHLC(Open, High, Low, Close, 
	"BIdx = " + BarIndex() + 
	"\n" + "O = " + O + "\n"+"H = "+ H + "\n"+"L  = " + L 
	+ "\n"+"C ",
	colorWhite, styleCandle); 


// -- Create 0-initialized arrays the size of barcount
aHPivs = H - H;
aLPivs = L - L;
aHPivHighs = H - H;
aLPivLows = L - L;
aHPivIdxs = H - H;
aLPivIdxs = L - L;
aAddedHPivs = H - H;
aAddedLPivs = L - L;
aLegVol = H - H;
aRetrcVol = H - H;

nHPivs = 0;
nLPivs = 0;

lastHPIdx = 0;
lastLPIdx = 0;
lastHPH = 0;
lastLPL = 0;
curPivBarIdx = 0;

// -- looking back from the current bar, how many bars 
//    back were the hhv and llv values of the previous 
//    n bars, etc.?
aHHVBars = HHVBars(H, nBars);
aLLVBars = LLVBars(L, nBars);
aHHV = HHV(H, nBars);
aLLV = LLV(L, nBars);

// -- Initialize value of curTrend
nLastVisBar = LastValue(
	Highest(IIf(Status("barvisible"), BarIndex(), 0)));

curBar = IIf(nlastVisBar > 0 AND bUseLastVis, nlastVisBar, 
	IIf(Status("action")==4 AND nExploreBarIdx > 0, nExploreBarIdx,
	LastValue(BarIndex())));

curTrend = "";
if (aLLVBars[curBar] < aHHVBars[curBar]) 
	curTrend = "D";
else 
	curTrend = "U";

// -- Loop through bars. Search for 
//    entirely array-based approach
//    in future version
/* *******************
	Find main pivots
******************* */

// -- Make sure there are enough bars!
if (curBar >= nNumBarsToScan) {
	for (i=0; i<nNumBarsToScan; i++) {
	
		// -- value of curBar dependent on two parameters
		curBar = IIf(nlastVisBar > 0 AND bUseLastVis, 
			nlastVisBar-i, 
			IIf(Status("action")==4 AND nExploreBarIdx > 0, 
			nExploreBarIdx-i,
			LastValue(BarIndex())-i));

		// -- Have we identified a pivot? If trend is down...
		if (aLLVBars[curBar] < aHHVBars[curBar]) {
	
			// ... and had been up, this is a trend change
			if (curTrend == "U") {
				curTrend = "D";
				// -- Capture pivot information
				curPivBarIdx = curBar - aLLVBars[curBar];
				aLPivs[curPivBarIdx] = 1;
				aLPivLows[nLPivs] = L[curPivBarIdx];
				aLPivIdxs[nLPivs] = curPivBarIdx;
				nLPivs++;
			}
		// -- or current trend is up
		} else {
			if (curTrend == "D") {
				curTrend = "U";
				curPivBarIdx = curBar - aHHVBars[curBar];
				aHPivs[curPivBarIdx] = 1;
				aHPivHighs[nHPivs] = H[curPivBarIdx];
				aHPivIdxs[nHPivs] = curPivBarIdx;
				nHPivs++;
			}
		// -- 	If curTrend is up...else...
		}		
	
	// -- loop through bars
	} 
}
/* *******************
	Found main pivots
******************* */

/* *************************
	Finding missed pivot(s)
************************* */

// -- Start at last bar. Reestablish curBar
curBar = 
	IIf(nlastVisBar > 0 AND bUseLastVis, 
	nlastVisBar, 
	IIf(Status("action")==4 AND nExploreBarIdx > 0, 
	nExploreBarIdx,
	LastValue(BarIndex()))
	);

// -- Make sure I found at least two of each above.
if (nHPivs >= 2 AND nLPivs >= 2) {

	lastLPIdx = aLPivIdxs[0];
	lastLPL = aLPivLows[0];
	
	lastHPIdx = aHPivIdxs[0];
	lastHPH = aHPivHighs[0];
	
	nLastHOrLPivIdx = Max(lastLPIdx, lastHPIdx);
	
	nAddPivsRng = curBar - nLastHOrLPivIdx;
	aLLVAfterLastPiv = LLV(L, nAddPivsRng);  
	nLLVAfterLastPiv = aLLVAfterLastPiv[curBar];
	aLLVIdxAfterLastPiv = LLVBars(L, nAddPivsRng);  
	nLLVIdxAfterLastPiv = curBar - aLLVIdxAfterLastPiv[curBar];
	aHHVAfterLastPiv = HHV(H, nAddPivsRng); 
	nHHVAfterLastPiv = aHHVAfterLastPiv[curBar];
	aHHVIdxAfterLastPiv = HHVBars(H, nAddPivsRng); 
	nHHVIdxAfterLastPiv = curBar - aHHVIdxAfterLastPiv[curBar];
	
	// -- Later want to add last high pivot only if
	//    not in buy mode from last and still in trade

	/*
		Note - I'm only interested in adding pivots if I'm in 
		a higher-highs or lower-lows scenario
	*/

	
	// -- OK, let's start where the last high pivot occurs after the
	//    last Low pivot
	if (lastHPIdx > lastLPIdx) {
	
		/*	There are at least two possibilities here. One is that
	   		the previous high was higher, indicating that this is a 
	   		possible short retracement or one in the making.
	   		The other is that the previous high was lower, indicating 
	   		that this is a possible long retracement in the working. 
			However, both depend on opposing pivots. E.g., if I find 
			higher highs, what if I have lower lows?  
		
			If the highs are descending, then I can consider:
	   			- a lower low, and leave it at that
	   			- a higher high and higher low
	   			- a lower low and another lower high
		*/
		if (aHPivHighs[0] < aHPivHighs[1]) {
	
			if (nLLVAfterLastPiv < aLPivLows[0] AND 
				(nLLVIdxAfterLastPiv - lastHPIdx - 1) >= nMinBarsBtwPivs
				AND nLLVIdxAfterLastPiv != curBar	) {
	
				// -- OK, we'll add this as a pivot. 
				//    Mark it for plotting...
				aLPivs[nLLVIdxAfterLastPiv] = 1;
				aAddedLPivs[nLLVIdxAfterLastPiv] = 1;
		
				//    ...and then rearrange elements in the 
				//    pivot information arrays
				for (j=0; j<nLPivs; j++) {
					aLPivLows[nLPivs-j] = aLPivLows[nLPivs-(j+1)];
					aLPivIdxs[nLPivs-j] = aLPivIdxs[nLPivs-(j+1)];
				}
				aLPivLows[0] = nLLVAfterLastPiv;
				aLPivIdxs[0] = nLLVIdxAfterLastPiv;
				nLPivs++;
	
			// -- Test whether to add piv given last piv is high 
			//    AND we have lower highs	
			}
	
		// -- Here, the last piv is a high piv, and we have 
		//    higher-highs. The most likely addition is a 
		//    Low piv that is a retracement.
		} else {
	
			if (nLLVAfterLastPiv > aLPivLows[0] AND 
				(nLLVIdxAfterLastPiv - lastHPIdx - 1) >= nMinBarsBtwPivs
				AND nLLVIdxAfterLastPiv != curBar	) {
	
				// -- OK, we'll add this as a pivot. 
				//    Mark it for plotting...
				aLPivs[nLLVIdxAfterLastPiv] = 1;
				aAddedLPivs[nLLVIdxAfterLastPiv] = 1;
		
				//    ...and then rearrange elements in the 
				//    pivot information arrays
				for (j=0; j<nLPivs; j++) {
					aLPivLows[nLPivs-j] = aLPivLows[nLPivs-(j+1)];
					aLPivIdxs[nLPivs-j] = aLPivIdxs[nLPivs-(j+1)];
				}
				aLPivLows[0] = nLLVAfterLastPiv;
				aLPivIdxs[0] = nLLVIdxAfterLastPiv;
				nLPivs++;
	
			// -- Test whether to add piv given last piv is high 
			//    AND we have lower highs	
			}	
		// -- The last piv is a high and we have higher highs 
		//    OR lower highs
		}
	
	/* ****************************************************************
		Still finding missed pivot(s). Here, the last piv is a low piv.
	**************************************************************** */
	} else {
	
		// -- First case, lower highs
		if (aHPivHighs[0] < aHPivHighs[1]) {
	
			if (nHHVAfterLastPiv < aHPivHighs[0] AND 
				(nHHVIdxAfterLastPiv - lastLPIdx - 1) >= nMinBarsBtwPivs
				AND nHHVIdxAfterLastPiv != curBar	) {
	
				// -- OK, we'll add this as a pivot. 
				//    Mark that for plotting
				aHPivs[nHHVIdxAfterLastPiv] = 1;
				aAddedHPivs[nHHVIdxAfterLastPiv] = 1;
	
				//    ...and then rearrange elements in the 
				//    pivot information arrays
				for (j=0; j<nHPivs; j++) {
					aHPivHighs[nHPivs-j] = aHPivHighs[nHPivs-(j+1)];
					aHPivIdxs[nHPivs-j] = aHPivIdxs[nhPivs-(j+1)];
				}
				aHPivHighs[0] = nHHVAfterLastPiv;
				aHPivIdxs[0] = nHHVIdxAfterLastPiv;
				nHPivs++;
	
			// -- Test whether to add piv given last piv is high 
			//    AND we have lower highs	
			}
	
		// -- Second case when last piv is a low piv, higher highs 
		//    Most likely addition is high piv that is a retracement.
		//    Considering adding a high piv as long as it is higher
		} else {
	
			// -- Where I have higher highs,
			if (nHHVAfterLastPiv > aHPivHighs[0] AND 
				(nHHVIdxAfterLastPiv - lastLPIdx - 1) >= nMinBarsBtwPivs
				AND nHHVIdxAfterLastPiv != curBar	) {
	
				// -- OK, we'll add this as a pivot. 
				//    Mark it for plotting...
				aHPivs[nHHVIdxAfterLastPiv] = 1;
				aAddedHPivs[nHHVIdxAfterLastPiv] = 1;
	
				//    ...and then rearrange elements in the 
				//    pivot information arrays
				for (j=0; j<nHPivs; j++) {
					aHPivHighs[nHPivs-j] = aHPivHighs[nHPivs-(j+1)];
					aHPivIdxs[nHPivs-j] = aHPivIdxs[nhPivs-(j+1)];
				}
				aHPivHighs[0] = nHHVAfterLastPiv;
				aHPivIdxs[0] = nHHVIdxAfterLastPiv;
				nHPivs++;
	
			// -- Test whether to add piv given last piv is high 
			//    AND we have lower highs	
			}
	
		}
			
	} 

// -- If there are at least two of each
}

/* ****************************************
// -- Done with finding pivots
***************************************** */ 

if (bDraw) {

	// -- OK, let's plot the pivots using arrows
	PlotShapes(
		IIf(aHPivs==1, shapeDownArrow, shapeNone), 
			colorRed, 0, 	High, Offset=-15);
	PlotShapes(
		IIf(aAddedHPivs==1, shapeDownArrow, shapeNone),
			colorBrown, 0, High, Offset=-15);
	PlotShapes(
		IIf(aLPivs==1, shapeUpArrow , shapeNone),		
			colorGreen, 0, Low, Offset=-15);
	PlotShapes(
		IIf(aAddedLPivs==1, shapeUpArrow , shapeNone), 
			colorBlue, 0, Low, Offset=-15);
}

/* ****************************************
// -- Done with discovering and plotting pivots 
***************************************** */ 
_SECTION_END();

3 comments

1. sacanbu

this formula cannot produce real results

2. omnarayan

thank you for this! works properly.

3. David Dune

repaint code

Leave Comment

Please login here to leave a comment.

Back