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Tillson's T3 RSI for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
trading system, amibroker, t3
This is the RSI indicator using Tillson’s T3 smoothing.
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Indicator / Formula
Copy & Paste Friendly
function T3(price,periods)
{
s = 0.618;
periods = 2/(periods+1);
e1=AMA(price,periods);
e2=AMA(e1,Periods);
e3=AMA(e2,Periods);
e4=AMA(e3,Periods);
e5=AMA(e4,Periods);
e6=AMA(e5,Periods);
c1=-s*s*s;
c2=3*s*s+3*s*s*s;
c3=-6*s*s-3*s-3*s*s*s;
c4=1+3*s+s*s*s+3*s*s;
Ti3=c1*e6+c2*e5+c3*e4+c4*e3;
return ti3;
}
periods = Param( "Periods", 14, 1, 200, 1 );
Plot(RSI(Periods), "RSI-14", ParamColor("RSI color", colorRed ), ParamStyle("RSI style") );
T3oneSmoothing = Param( "T3oneSmoothing", 3, 1, 200, 1 );
Plot(t3(RSI(Periods),T3oneSmoothing),"T3 One", ParamColor("T3 One color", colorGreen ), ParamStyle("T3 One style") );
T3TwoSmoothing = Param( "T3TwoSmoothing", 5, 1, 200, 1 );
Plot(t3(RSI(Periods),T3TwoSmoothing),"T3 Two", ParamColor("T3 Two color", colorBlue ), ParamStyle("T3 Two style") );
Buy = Cover =Cross(RSI(Periods),t3(RSI(Periods),T3oneSmoothing ))*Cross(RSI(Periods),t3(RSI(Periods),T3TwoSmoothing));
Sell= Short =Cross(t3(RSI(Periods),T3oneSmoothing),RSI(Periods ))*Cross(t3(RSI(Periods),T3TwoSmoothing),RSI(Periods));1 comments
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Added buy and sell rules as posted by a user in a forum.