Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Bollinger Band % RSI for Amibroker (AFL)

5 / 5 (Votes 1)
oscillator, amibroker

Bollinger Band based RSI

Percent BB RSI

This indicator is based on bollinger bands of the RSI indicator. The plot is the percentage distance the RSI indicator is between the top and bottom bollinger bands.


Indicator / Formula

Copy & Paste Friendly
MA_20 = MA (C,20);   		//This is the middle line
periods = Param( "Periods", 14, 2, 200, 1 );
brsi	=RSI(periods );
BBTop = BBandTop (brsi,20,2);	//Upper Bollinger Band 
BBBottom = BBandBot (brsi,20,2);	//Lower Bollinger  Band 
PercentB = (brsi- BBBottom) / (BBTop - BBBottom);  // Bollinger %B indicator Calculation
Plot( PercentB ," PercentB RSI ",colorGreen,styleThick);


Leave Comment

Please login here to leave a comment.