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2 / 5 (Votes 4)

oscillator, amibroker

This indicator uses dynamic overbought/oversold zones with the classic RSI indicator to improve performance and reduce false signals.

Submitted by agent301 over 13 years ago

Submitted by tigernifty over 13 years ago

Submitted by janet0211 over 15 years ago

Submitted by prasadmuni over 13 years ago

Submitted by reb over 15 years ago

Submitted by pipstar over 15 years ago

Copy & Paste Friendly

p = Param("Periods", 14, 2, 100, 1 );
r = RSI( p );
w = 1.8 * StDev( r, p );

Plot( r, "RSI(" + p +")", colorBlack, styleThick );
Plot( 50 + w, "OB", colorLightBlue, styleThick );
Plot( 50 - w, "OS", colorLightBlue, styleThick );

allbars = LastValue( Cum(1) ) - 2 * p - 1;

Plot( LastValue( MA( 50 + w, allbars ) ), "MeanOB", colorRed, styleNoLabel );
Plot( LastValue( MA( 50 - w, allbars ) ), "MeanOS", colorRed, styleNoLabel  );

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Self Adjusting RSI for Amibroker (AFL)
kaiji
about 16 years ago
Amibroker (AFL)

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