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SMOOTH RSI for Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
trading system, amibroker, exploration

Added smoothing to regular RSI.

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Indicator / Formula

Copy & Paste Friendly
 

    "MAV's Brain Storm";
    SetBarsRequired(500,0);
    _SECTION_BEGIN("RSI_LONG 30 mt Intraday");
    showsig=ParamList("Show Buy and sell signals?","Yes|No");
    //n1=7,n2=14,n3=21
    n1=7;
    n2=n1*2;
    n3=n1*3;
    Plot (EMA (RSI(n1),5), "SmoothRSI", colorYellow,styleThick);

    Cc=EMA (RSI(n1),5);
    A=EMA (RSI(n2),5);
    B=EMA (RSI(n3),5);


    Plot(A,"RSI 14",ColorRGB(100,150,150), styleLine);
    Plot(B,"",ColorRGB(100,150,150), styleLine);

    PlotOHLC( 0, A , B ,B , "Cloud", IIf(Cc > b AND Cc>50 ,colorBrightGreen,IIf(cc>b AND cc<50, colorBlue,IIf(cc<b AND cc>50, colorBlue,colorRed))), styleCloud|styleNoLabel);
    //Plot( diff, "RSI Histogram", ParamColor("Histogram color", colorBrightGreen ),  ParamStyle("Histogram style", styleHistogram | styleNoLabel, maskHistogram ) );




    Color30=IIf(V>EMA(V,10),colorBrightGreen,colorRed);
    Color50=IIf(V>1.5*EMA(V,10),colorBrightGreen,colorRed);
    Color70=IIf(V>2*EMA(V,10),colorBrightGreen,colorRed);


    Plot (50, "", color50,styleDots, styleNoLabel);
    Plot (30, "", color30,  styleNoLabel);
    Plot (70, "", color70,  styleNoLabel);
    if (showsig=="Yes")
    {
       Buy=Cross(Cc,a);
       Sell=Cross(b,Cc);
       Buy=ExRem(Buy,Sell);
       Sell=ExRem(Sell,Buy);
       shape=Buy*shapeUpArrow + Sell*shapeDownArrow;
       PlotShapes(shapeUpArrow*Buy, colorLime, 0, A, -35 );
       PlotShapes(shapeDownArrow*Sell, colorRed, 0, A, -35 );
    }

    Filter =V > 1.5*EMA (V, 10)AND EMA (RSI(7),5)<40 AND  Cross( EMA (RSI(7),5), EMA (RSI(21),5));

    AddColumn(Close,"Close",1.2);
    AddColumn(Volume,"Volume",1.0);
    AddColumn(V/EMA(V,20),"Vspurt",1.0);
    AddColumn( RSI(), "RSI", 1.2 );
    AddColumn( ROC( Close, 15 ), "ROC(15)", 1.2 );
    AddColumn( MFI(), "MFI", 1.2 );
    AddColumn( OBV(), "OBV", 1.2 );
    AddColumn( CCI(), "CCI", 1.2 );
    AddColumn( Ultimate(), "Ultimate", 1.4 );
    _SECTION_END();

    _SECTION_BEGIN("Background_Setting");
    SetChartBkGradientFill( ParamColor("BgTop", colorBlack),

    ParamColor("BgBottom", colorBlack),ParamColor("titleblock",colorBlack));
    _SECTION_END();

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