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%B RSI Indicator for Amibroker (AFL)
Rating:
4 / 5 (Votes 2)
Tags:
%B RSI indicator with adjustable parameters.
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Indicator / Formula
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_SECTION_BEGIN("%B RSI");
P = ParamField("Price field",-1);
Periods = Param("Periods", 17, 2, 100, 1 );
Width = Param("Width", 2, 0, 10, 0.05 );
//Color = ParamColor("Color", colorCycle );
//Style = ParamStyle("Style");
//Plot( BBandTop( P, Periods, Width ), "BBTop" + _PARAM_VALUES(), Color, Style );
//Plot( BBandBot( P, Periods, Width ), "BBBot" + _PARAM_VALUES(), Color, Style );
BandWidthRSI = BBandTop(RSI(17), Periods, Width) - BBandBot(RSI(17),Periods, Width);
bRSI =(RSI(17) - BBandBot(RSI(17), Periods, Width)) / BandWidthRSI;
Plot( bRSI, "%b of RSI", colorRed);
_SECTION_END();0 comments
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