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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
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RSI of a Volume weighted moving average for Amibroker (AFL)
Rating:
4 / 5 (Votes 5)
Tags:
oscillator, amibroker
Indicating Overbought-Oversold Zones
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Indicator / Formula
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_SECTION_BEGIN("RSI of a Volume weighted moving average"); SetChartBkGradientFill( ParamColor("BgTop", colorBlack), ParamColor("BgBottom", colorBlack),ParamColor("titleblock",colorBlack )); periods=Param("VWMA periods ",5,2,200,1); smoothing=Param("exp. smoothing of VWMA",3,2,200,1); rsiperiods=Param("rsi periods",14,2,200,1); Vwma = Sum((Volume*Close),periods)/Sum (Volume,periods); svwma=EMA(Vwma,smoothing); Plot(RSIa(SVwma,rsiperiods),"RSI of VWMA ",colorCustom14,styleThick,styleLine); Plot(70,"",colorGreen,styleDots,styleLine); Plot(30,"",colorRed,styleDots,styleLine); _SECTION_END();
3 comments
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good for me thanks
Good
Very useful indeed.
Regards,
TA_MakDee from Dhaka, Bangladesh.