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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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1 2 3 4 5 6 7 8 9 10 11 12 13 14 | _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.