New! WiseTrader Toolbox for Amibroker is now available with:
  • Advanced Adaptive Indicators
  • Advanced Pattern Exploration
  • Neural Networks
  • And Much More...
GoTo WiseTrader Toolbox

Contribute

Contribute an indicator to the library by clicking here. Note you must be logged in.

Sponsors

Popular Indicators

14 Oversold n Overbought indicators with Support n Resistance for Amibroker (AFL)

4 / 5 (Votes 11)

These codes consist day to day 14 trading formulas namely
MACD
RSI
CCI
StochK
StochD
Money Flow Index
Ultimate
ROC
Tom DeMark range expansion
ARSI
Projection Oscillator
DMI
Stdeviation Oscillator
DeMarker
mostly in range of 0-100 that we use along with price charts n that execute our trade n along with these indicators i also put support n resistace zones for comfort of a trader namely trendlines, Fibonacc lines n standard deviation line
plus overbought n oversold zone(custom) in clouded area

note – these indicators gives real time buy n sell signals without future reference or doesnot change signals as when future close changes so plz check use bar reply option n doing paper traders first

Here is a screenshot of how the indicator looks:
14_oversold_n_overbought_indicators_with_support_n_resistance

Similar Formulas

Formula

5 Comments

1. Tinych

From the one hand is nothing new, from the other very nice. Good work.

2. niladri

ARSI code section had error & caused no plot.

Suggest the following changes:

UpMove = AMA, Nz(1/UpCount) );
DnMove = AMA, Nz(1/DnCount) );

Source: http://www.traders.com/Documentation/FEEDbk_docs/2010/10/TradersTips.html

ARSI = Asymmetrical RSI

I found the ARSI plots to be better than normal RSI.

Hi,

How do I get the indicator into my platform?

Thanks.

Use the ‘Copy & Paste Friendly’ link just above the code.

5. ali32b

looking to the future is very dangerous

Please login here to leave a comment.

Main Menu

Indicators

Sponsors