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2 / 5 (Votes 4)

oscillator, amibroker

This indicator uses dynamic overbought/oversold zones with the classic RSI indicator to improve performance and reduce false signals.

Submitted by agent301 over 12 years ago

Submitted by tigernifty over 12 years ago

Submitted by janet0211 over 14 years ago

Submitted by prasadmuni about 12 years ago

Submitted by reb over 14 years ago

Submitted by pipstar over 14 years ago

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p = Param("Periods", 14, 2, 100, 1 );
r = RSI( p );
w = 1.8 * StDev( r, p );

Plot( r, "RSI(" + p +")", colorBlack, styleThick );
Plot( 50 + w, "OB", colorLightBlue, styleThick );
Plot( 50 - w, "OS", colorLightBlue, styleThick );

allbars = LastValue( Cum(1) ) - 2 * p - 1;

Plot( LastValue( MA( 50 + w, allbars ) ), "MeanOB", colorRed, styleNoLabel );
Plot( LastValue( MA( 50 - w, allbars ) ), "MeanOS", colorRed, styleNoLabel  );

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Self Adjusting RSI for Amibroker (AFL)
kaiji
almost 15 years ago
Amibroker (AFL)

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