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Conventional RSI - Chartink for Amibroker (AFL)
Rating:
2 / 5 (Votes 4)
Tags:
oscillator, amibroker
This is the RSI different from amibroker RSI and it was a non smoothed traditional n conventional RSI. Which is similar to chartink and chhartnexus.
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 | //RSI// this is different from amibroker inbuilt RSI and similar to the chartink or chartnexus.//created on 18/12/2015 by MKP ManikandanPeriod = Param("Period", 14, 2, 100 );Diff = C - Ref( C, -1 );Up = Max( Diff, 0 );Dn = Max( -Diff, 0 );UpSum = Sum( Up, Period );DnSum = Sum( Dn, Period );RS = IIf( DnSum != 0, UpSum / DnSum, 100 );CRSI = 100 - 100 / ( 1 + RS );Plot( CRSI, "CRSI"+Period, colorBlue );Plot(70,"Overbought",colorRed,styleLine);Plot(30,"Oversold",colorGreen,styleLine);_SECTION_END(); |
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