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CumRSI for Amibroker (AFL)
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1 2 3 4 5 6 7 8 9 10 11 12 13 | /*Based on the book "Short term Trading strategies that Work" by Larry Connor and Cesar Alvarez.This explores for the stocks that have the CumRSI<=10 with has the high probability of profitability within the next 3-4 trading days.*/CumRSI=RSI(2)+Ref(RSI(2),-1);Plot(RSI(2),"RSI(2)",colorBlue,styleLine);Plot(95,"",colorRed,styleLine|styleThick|styleDashed);Plot(5,"",colorGreen,styleLine|styleThick|styleDashed);Filter=CumRSI<=10 AND MA(V,60)>=250000;AddColumn(RSI(2),"RSI(2)");AddColumn(V,"Volume"); |