Download RSI ZERO LAG INDICATOR For Amibroker (AFL)

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4 / 5 (Votes 10)

oscillator, amibroker

Hi friends as per your request i am posting the RSI indicator with zero lag and provided a buy and sell signal.The rsi parameters are changed to produce a bullish and bearish colour code.Always try to trade the divergences.Can be used in all timeframes.Hope you all enjoy and wishing you luck.
Prasad Muni

Submitted by abhinavsingh about 13 years ago

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Submitted by northstar about 13 years ago

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_SECTION_BEGIN("MODIFIED RSI ");
SetChartBkColor(ParamColor("Panel color ",colorBlack));
RP = Param("RSI",14,2,20,1);
UL= Param("Upper Limit",70,0,100,1);
LL= Param("Lower Limit",30,0,100,1);
PlotGrid(UL,colorBlue);    
PlotGrid(LL,colorBlue); 
R= RSIa(C, RP);
Plot(R, "MODIFIED RSI",  colorLime, styleThick);

Overbought=70;
Oversold=30;
Plot(Overbought,"Overbought Zone",colorBlue);
Plot(Oversold,"Oversold Zone",colorGreen);

Overbought=70;
Oversold=30;
Buy = Cross(R, Oversold) AND R > Oversold;
Sell = Cross(Overbought, R) AND R < Overbought;

PlotShapes(IIf(Sell, shapeDownArrow , shapeNone), colorRed);
PlotShapes(IIf(Buy, shapeUpArrow , shapeNone), colorGreen); 

_SECTION_END();

MaxGraph=10;
Period1=Param("Period 1", 10, 5, 50, 1);
Period2=Param("Period 2", 10, 5, 50, 1);
EMA1= EMA(R,Period1);
EMA2= EMA(EMA1,Period2);
Difference= EMA1 - EMA2;
ZeroLagEMA= EMA1 + Difference;
PR=abs(ZeroLagEMA); 

Graph0=PR;

MoveAvg=MA(PR,5);  

// Graph1=MoveAvg;          Remove the // if you want a Crossover MA to plot
// Graph1Color=colorTan;

Graph0Style=4;
upbar= PR>= MoveAvg AND PR>= Ref(PR,-1) ;
downbar=(PR < MoveAvg) OR PR>= MoveAvg AND PR< Ref(PR,-1) ;
barcolor = IIf( downbar,colorRed, IIf( upbar, colorBrightGreen, 7));
Graph0BarColor = ValueWhen( barcolor != 0, barcolor );
Graph2=30;
Graph3=70;

Graph2Style=Graph3Style=Graph4Style=1;
Graph4Color=2;
Graph2Color=5;
Graph3Color=4;

6 comments

1. Muralikrishna

about 12 years ago

clear indicator for Devergens

thank u sir

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2. xray27

over 11 years ago

good indicator

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3. immu_syed@yahoo.com

over 11 years ago

how to use above coding which save extention and how input amibroker plz support me
thanks

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7. immu_syed@yahoo.com

over 11 years ago

WHERE THE FORMULA AUTOMATIC BBUY SELL SIGNAL PLZ GIVE AND ALL PROCESS ADD FORMULA AND SETTING

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8. anse

about 10 years ago

كيف اعدل هذه المعادلة لتعمل على ايمي بروكر ابليز

Indicator: RevEngRSI-EMA


{RevEng EMARSI}
inputs:
         EmaPeriod( 45 ),
         WildPeriod( 14) ;
variables:
         EmaRSI( 0 ),
         AUC(0),
         ADC(0),
         RevEngEmaRSI(0),
         X( 0 ) ;
EmaRSI = XAverage( RSI( Close,WildPeriod ), EmaPeriod);
Value1 = Iff( Close > Close[1], Close - Close[1], 0) ;
AUC = XAverage( Value1, WildPeriod ) ;
Value2 =Iff( Close[1] > Close, Close[1] - Close, 0 ) ;
ADC = XAverage( Value2, WildPeriod ) ;
X = ( WildPeriod - 1 )*( ADC * EmaRSI
 / ( 100 - EmaRSI ) - AUC ) ;
RevEngEMARSI = Iff( X >= 0, Close + X,
 Close + X * ( 100 - EmaRSI ) / EmaRSI ) ;
Plot1[-1]( RevEngEMARSI, "EmaRSI" ) ;
 
Indicator: RevEngRSI-SMA
 {RevEng SMARSI}
Inputs:
         SmaPeriod( 45 ),
         WildPeriod( 14 );
variables:
         SmaRSI( 0 ),
         AUC( 0 ),
         ADC( 0 ),
         X( 0 ),
         RevEngSmaRSI( 0 );
SmaRSI = Average( RSI( Close, WildPeriod), SmaPeriod-1);
Value1 = Iff( Close > Close[1], Close - Close[1], 0 ) ;
AUC = XAverage( Value1, WildPeriod ) ;
Value2 = Iff( Close[1] > Close, Close[1] - Close, 0 ) ;
ADC = XAverage( Value2, WildPeriod ) ;
X = ( WildPeriod - 1 ) * ( ADC * SmaRSI
 / ( 100 - SmaRSI ) - AUC ) ;
RevEngSMARSI = Iff( X >= 0, Close + X,
 Close + X * ( 100 - SmaRSI ) / SmaRSI ) ;
if CurrentBar > ( SmaPeriod ) then
         Plot1[-1] ( RevEngSMARSI, "SmaRSI" ) ;

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RSI ZERO LAG INDICATOR for Amibroker (AFL)
prasadmuni
about 12 years ago
Amibroker (AFL)

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6 comments

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Stock Portfolio Organizer

WiseTrader Toolbox

RSI ZERO LAG INDICATOR for Amibroker (AFL) prasadmuni about 12 years ago Amibroker (AFL)

Screenshots

Similar Indicators / Formulas

Indicator / Formula

6 comments

Leave Comment

RSI ZERO LAG INDICATOR for Amibroker (AFL)
prasadmuni
about 12 years ago
Amibroker (AFL)