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RSI MA for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
oscillator, amibroker
This is basically a derivative of derivative. In this case RSI from price action, and in turn MA of that RSI. Preferable to use in larger time frames like 15/30/60 Mins for swing trading.
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Indicator / Formula
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SetChartOptions(0,0,chartGrid30|chartGrid70);
periods = Param( "Periods", 15, 1, 200, 1 );
Plot( RSI( periods), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
Plot(70,"",colorGrey40,1);
Plot(30,"30",colorGrey40,1);
Plot(50,"50",colorLightGrey,styleDashed);
Plot(75,"75",colorLightGrey,styleDashed);
Plot(25,"25",colorLightGrey,styleDashed);
//Plot(MA(Close,9),"9sma", colorBrown,styleDashed, 0,0,0);
_SECTION_BEGIN("MA1");
P = ParamField("Price field",-1);
Periods = Param("Periods", 9, 2, 300, 1, 10 );
Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();0 comments
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