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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
RISA for Amibroker (AFL)
Based RSI indicator that emphasizes “overselling” areas. When RISA > 150 is a good idea wait for RISA turns down, and buy
Indicator / Formula
_SECTION_BEGIN("RISA");
RSI1 = RSI( periods = 5 ) ;
RSI2 = RSI( periods = 15 ) ;
RSI3 = RSI( periods = 25 ) ;
RSI8 = RSI( periods = 200 ) ;
RSI9 = ( RSI8 / RSI1 -1 ) * 100 ;
RSI11 = ( RSI8 / RSI3 -1 ) * 100 ;
Filter = RSI9 > 110 ;
AddColumn( RSI3, " RSI25 " ) ;
AddColumn( RSI9, "OT200,5 % ", 1.4, IIf( RSI9 < 0, colorGreen, colorRed ) );
AddColumn( RSI11, "OT200,25 % ", 1.4, IIf( RSI11 < 0, colorGreen, colorRed ) );
AddColumn( C, "Close" , 1.4, IIf( ROC (C,1 ) >= 0 , colorGreen, colorRed ) );
Plot(RSI9,"RISA",ColorRGB(255,0,0),styleLine|styleNoLabel);
_SECTION_END();4 comments
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grt job !!!!
Good Nicely working
TIMEFRAME???
Good Nicely working