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RSI/STOCH Color candles for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker
Simple OHLC plot with the color of the candles defined by the current value of the RSI/STOCHD. From violet to red, RSI/STOCHD oversold to overbought. Enjoy!
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Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 | Indicator = ParamList("Indicator", "RSI|STOCH");C_mode = ParamList("Color mode", "CM1|CM2");function rcolor(r){ Saturation0 = 255; Brightness0 = 255; Minr = LLV(r, BarCount); Maxr = HHV(r, BarCount); rn = (r-Minr)/(Maxr-Minr); if(C_mode == "CM1") { Hue0 = 220-int(rn*220.0); } else { rn = (rn/sqrt(1.0+rn^2))*sqrt(2); Hue0 = 220-int(rn*220.0); } return ColorHSB(Hue0, Saturation0, Brightness0);}Iperiod = Param("Indicator period", 13, 2, 50);if(Indicator == "RSI") { Ivalue = RSI(Iperiod);} else { Ivalue = StochD(Iperiod, 3, 3);}Plot(C, "Close", rcolor(Ivalue), styleCandle); |
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