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Cardwell RSI for Amibroker (AFL)

Rating:
5 / 5 (Votes 2)
Tags:
amibroker, oscillator, rsi

RSI Bull Range 80/40
RSI Bear Range 60/20

Signal filter for trend is SMA cross over against WMA.

Training by Andres Cardwell: https://vimeo.com/316709328 ( from 16 min onwards )

Screenshots

Indicator / Formula

Copy & Paste Friendly

Apply to price chart as "Insert Linked"

_SECTION_BEGIN("Cardwell RSI");
periods = Param( "Periods", 14, 1, 200, 1 );

z = RSI( periods);
 
RSILineColor = ParamColor("RSI Line Color",colorWhite);
 
Plot( z, _DEFAULT_NAME(), RSILineColor , styleLine, Null, Null, 0, 1, 2  );
Plot( 50, _DEFAULT_NAME(), colorYellow , styleDashed|styleNoTitle  );
Plot( 60, _DEFAULT_NAME(), colorRed , styleDashed|styleNoTitle  );
Plot( 70, _DEFAULT_NAME(), colorRose , styleDashed|styleNoTitle  );
Plot( 80, _DEFAULT_NAME(), colorLime , styleDashed|styleNoTitle  );
Plot( 40, _DEFAULT_NAME(), colorLime , styleDashed|styleNoTitle  );
Plot( 30, _DEFAULT_NAME(), colorRose , styleDashed|styleNoTitle  );
Plot( 20, _DEFAULT_NAME(), colorRed , styleDashed|styleNoTitle  );

Plot( WMA(z,45), "WMA 45" ,ParamColor( "Color4", colorOrange ));
Plot( MA(z,9), "SMA 9" ,ParamColor( "Color5", colorAqua ));
_SECTION_END();

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