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RSI Overbought and oversold Audio for Amibroker (AFL)

Rating:
3 / 5 (Votes 3)
Tags:
oscillator, amibroker

This indicator is to identify RSI oversold and overbought levels with audio anouncement to bring user focus

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("RSI");

SetChartOptions(0,0,chartGrid30|chartGrid70);
RP = Param("RSI",14,2,20,1);
UL= Param("Upper Limit",70,0,100,1);
LL= Param("Lower Limit",30,0,100,1);
PlotGrid(UL,colorBlue);    
PlotGrid(LL,colorBlue); 
Plot(50, "",colorDarkBlue,styleDots+styleNoLine);
R= RSIa(C, RP);
Plot(R, "RSI",  colorBlue, styleLine);
Overbought=70;
Oversold=30;
Plot(Overbought,"Overbought Zone",colorRed);
Plot(Oversold,"Oversold Zone",colorGreen); 

PlotOHLC( R,R,50,R, "", IIf( R > 50, colorRed , colorGreen ), styleCloud | styleClipMinMax, LL, UL ); 


myRSI  = RSI( RP);
if (SelectedValue(myRSI)   < Oversold) Say(" Oversold Zone ");
if (SelectedValue(myRSI) >   Overbought) Say("Overbought Zone ");



_SECTION_END();

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