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#1 Selling Amibroker Plugin featuring:
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RSI Up Down for Amibroker (AFL)
Rating:
3 / 5 (Votes 4)
Tags:
oscillator, trading system, amibroker
This indicator is available in Falcon charts from http://reliable.co.in/ .This is very lesser known but good indicator available in Falcon. This is based on RSI.
Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 | function RSIUP( period ){av = Param("EMA",10,1,100,1);P = N = 0;EM = EMA(C,av);result = Null;K = 2/(period + 1);for( i = 1; i < BarCount; i++ ){diff = EM[ i ] - EM[ i - 1 ];W = S = 0;if( diff > 0 ) W = diff;if( diff < 0 ) S = -diff;P = ( ( period -1 ) * P + W ) / period;N = ( ( period -1 ) * N + S ) / period;if( i >= period )result[ i ] = P;}return result;} function RSIDN( period ){av = Param("EMA",10,1,100,1);P = N = 0;EM = EMA(C,av);result = Null;K = 2/(period + 1);for( i = 1; i < BarCount; i++ ){diff = EM[ i ] - EM[ i - 1 ];W = S = 0;if( diff > 0 ) W = diff;if( diff < 0 ) S = -diff;P = ( ( period -1 ) * P + W ) / period;N = ( ( period -1 ) * N + S ) / period;if( i >= period )result[ i ] = N;}return result;} Title = "RSI Up Down";pr = Param("Period",14,1,100,1);Plot( RSIUP( pr ), "RSI UP", colorGreen );Plot( RSIDN( pr ), "RSI Down", colorRed );Buy = Cross( RSIUP( pr ),RSIDN( pr ));Sell = Cross(RSIDN( pr ),RSIUP( pr ));shape = Buy * shapeUpArrow + Sell * shapeDownArrow;PlotShapes( shape, IIf( Buy, colorGreen, colorRed ) ); |
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