### Stock Portfolio Organizer

The ultimate porfolio management solution.

### WiseTrader Toolbox

**#1** Selling **Amibroker** Plugin featuring:

### Better RSI vizualization for trend finder for Amibroker (AFL)

This RSI will give you better visualization for overbrought and oversold condition. Also it give you idea about RSI divergence. Positive divergence : RSI is forming rising high where as price is forming falling low. That means market will go up. Also is easy to visualize just the opposite one RSI negative divergence.

### Screenshots

### Indicator / Formula

_SECTION_BEGIN("RSIMinMax"); SetChartOptions(0,0,chartGrid30|chartGrid50|chartGrid70); periods = Param( "Periods", 14, 2, 200, 1 ); maxClip = Param( "maxClip", 80, 1, 100, 1 ); minClip = Param( "minClip", 20, 1, 100, 1 ); Plot( RSI( periods), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); r = RSI(periods); PlotOHLC( r,r,50,r, "", IIf( r > 50, colorRed, colorBrightGreen ), styleCloud | styleNoLabel | styleClipMinMax, minClip, maxClip ); max1Clip = Param( "max1Clip", 70, 1, 100, 1 ); min1Clip = Param( "min1Clip", 30, 1, 100, 1 ); r = RSI(periods); PlotOHLC( r,r,50,r, "", IIf( r > 50, colorBlue, colorOrange ), styleCloud | styleNoLabel | styleClipMinMax, min1Clip, max1Clip ); max2Clip = Param( "max2Clip", 55, 1, 100, 1 ); min2Clip = Param( "min2Clip", 45, 1, 100, 1 ); r = RSI(periods); PlotOHLC( r,r,50,r, "", IIf( r > 50, colorYellow, colorYellow ), styleCloud | styleNoLabel | styleClipMinMax, min2Clip, max2Clip ); max3Clip = Param( "max3Clip", 46, 1, 100, 1 ); min3Clip = Param( "min3Clip", 54, 1, 100, 1 ); r = RSI(periods); PlotOHLC( r,r,50,r, "", IIf( r > 50, colorGreen, colorRed ), styleCloud | styleNoLabel | styleClipMinMax, min3Clip, max3Clip ); _SECTION_END();

### 7 comments

#### Leave Comment

Please login here to leave a comment.

Back
1.kv_maligiGood one.

Max & min limits are 80 and 20? or 70 & 30 ?

thanks

viswanath

2.somanathdasmax and min 70 & 30

3.bchandra bhaveits a good afl…

4.mehra3580superb

5.saifulislam656405Good AFL

6.cvaji79good afl ……

i need to do one coding …. an u help that ……

7.abbasiGood AFL