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RSI in Heiken Ashi for Amibroker (AFL)
Rating:
4 / 5 (Votes 7)
Tags:
oscillator, amibroker
It shows the RSI of Heikin-Ahshi candles with respect to overbought/oversold levels.
Screenshots
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("RSI in Heiken Ashi");
periods = Param( "Periods", 15, 1, 200, 1 );
HaClose = (RSIa(Open, periods)+RSIa(High, periods)+RSIa(Low,periods)+RSIa(Close,periods))/4;
HaOpen = AMA( Ref( HaClose, -1 ), 0.5 );
HaHigh = Max( RSIa(High, periods), Max( HaClose, HaOpen ) );
HaLow = Min( RSIa(Low,periods), Min( HaClose, HaOpen ) );
PlotOHLC( HaOpen, HaHigh, HaLow, HaClose, _DEFAULT_NAME(), colorBlack, styleCandle );
Plot(70,"",colorRed,styleLine);
Plot(30,"",colorGreen,styleLine);
_SECTION_END();3 comments
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Hi and thanks a lot for this RSI.
It is indeed very efficient to determine tops, bottoms and pivots.
Cheers.
nice formula. helpful indeed. thanx dude
hi,this indi looks great,can anyone atach the .ex file ,I don’t know how to program an indicator,thanks in advance!