RAJASWAMY NIFTY CLINIC TREND for Amibroker (AFL)
rajaswamy about 15 years ago Amibroker (AFL)
THIS IS AN RSI INDICATORE FOR ONLY TODO INTRADAY TRADE IT WONT PROVIDE FAKE SIGNALS FOR FURTHER DETAILS RAJASWAMY MAIL ME @YAHOO.COM
Indicator / Formula
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_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
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FOR ME IT GIVES GOOD RESULT IN MY PERSONAL TRADING TRY IT
hi,but there are no signals on this chart , its simple rsi chart , how to trade on this , plz tell .?
Buy-Sell signals are very late…basically based on double top-double bottom