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RSI AUTO TRADE for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
oscillator, trading system, amibroker
13 period RSI high level is set at 70 and the low level is set at 30.
Enter trade when Price crossed down 30 and exit trade when Price crossed over 70.
Backtests were good for many stocks.
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("RSIa");
P = ParamField( "Price field" );
periods = Param("Periods", 13, 1, 200, 1 );
Upper=Param("Upper", 70, 50, 100, 1);
Lower=Param("Lower", 30, 0, 50, 1);
rsiBuy = RSIa( P, periods) < Lower;
rsiSell = RSIa( P, periods) > Upper;
Buy = ExRem( rsiBuy, rsiSell );
Sell = ExRem( rsiSell, rsiBuy );
Cover = Buy;
Short = Sell;
Plot(Upper,"Upper",ParamColor( "ColorUpper", colorRed ),styleLine);
Plot(Lower,"Lower",ParamColor( "ColorLower", colorGreen ),styleLine);
PlotShapes(IIf(Buy,shapeUpArrow,shapeNone),colorGreen,0,L);
PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),colorRed);
Plot( RSIa( P, periods), _DEFAULT_NAME(), ParamColor( "Color", colorBlue ), ParamStyle("Style") );
_SECTION_END();1 comments
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wake up admin!
wht u r approving.
wht is the “X” u found in this code?
great…..!