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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 almost 15 years ago

Submitted by prasadmuni over 12 years ago

Submitted by reb almost 15 years ago

Submitted by pipstar almost 15 years ago

Copy & Paste Friendly

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
about 15 years ago
Amibroker (AFL)

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