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RSI of a Volume weighted moving average for Amibroker (AFL)
limit
over 12 years ago
Amibroker (AFL)

Rating:
4 / 5 (Votes 5)
Tags:
oscillator, amibroker

Indicating Overbought-Oversold Zones

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("RSI of a Volume weighted moving average");

SetChartBkGradientFill( ParamColor("BgTop", colorBlack),
ParamColor("BgBottom", colorBlack),ParamColor("titleblock",colorBlack ));
periods=Param("VWMA periods ",5,2,200,1);
smoothing=Param("exp. smoothing of VWMA",3,2,200,1);
rsiperiods=Param("rsi periods",14,2,200,1);
Vwma = Sum((Volume*Close),periods)/Sum (Volume,periods);
svwma=EMA(Vwma,smoothing);
Plot(RSIa(SVwma,rsiperiods),"RSI of  VWMA ",colorCustom14,styleThick,styleLine);
Plot(70,"",colorGreen,styleDots,styleLine);
Plot(30,"",colorRed,styleDots,styleLine);

_SECTION_END();

3 comments

1. aboali

good for me thanks

2. northstar

Good

3. Ta_MakDee

Very useful indeed.

Regards,
TA_MakDee from Dhaka, Bangladesh.

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