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RAJASWAMY NIFTY CLINIC TREND for Amibroker (AFL)

Rating:
2 / 5 (Votes 3)
Tags:
oscillator, amibroker

THIS IS AN RSI INDICATORE FOR ONLY TODO INTRADAY TRADE IT WONT PROVIDE FAKE SIGNALS FOR FURTHER DETAILS RAJASWAMY MAIL ME @YAHOO.COM

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("NIFTYCLINIC Color Fill");

TimeFrameSet(in5Minute);
periods = Param( "Periods", 131, 1, 200, 1 );

RSIcolor = IIf(RSI(periods) <20, colorBrightGreen,colorRed);
Up = IIf(RSI(periods) <20, 20, RSI(periods));
Low = IIf(RSI(periods) >80, 80, RSI(periods));
Plot(30,"",colorBrightGreen);
Plot(70,"",colorCustom12);
Plot(50,"",colorBrown);

Plot(20,"",colorBrightGreen);
Plot(80,"",colorViolet);
PlotOHLC(Up, Up, Low, Low, "rsi", RSIcolor, styleCloud);
_SECTION_END();

3 comments

1. rajaswamy

FOR ME IT GIVES GOOD RESULT IN MY PERSONAL TRADING TRY IT

2. yo123

hi,but there are no signals on this chart , its simple rsi chart , how to trade on this , plz tell .?

3. y2k_netizen

Buy-Sell signals are very late…basically based on double top-double bottom

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