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### WiseTrader Toolbox

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

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### RSI divergence for Amibroker (AFL)

Rating:

3 / 5 (Votes 4)

Tags:

oscillator, amibroker

You can change the parameters of the RSI.

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### Indicator / Formula

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// RSI divergence // Backgraund color White P = Param("Priod RSI", 14, 2, 14, 1); VRSI = RSI(P); Length = 100; Lapse = 3; fUp = VRSI > Ref(VRSI, -1) & VRSI > Ref(VRSI, 1) & VRSI >55; fDown = VRSI < Ref(VRSI, -1) & VRSI < Ref(VRSI, 1) & VRSI < 45; Div = 0; for(i = Length; i < BarCount; i++) { // Down if(fUp[i]) { k = i-1; do { if(VRSI[k] > VRSI[i] & fUp[i] & fUp[k]) { if(C[k] < C[i] & i-k > Lapse) { Div[i] = 1; } k = i-Length; } else k = k-1; } while( k > i-Length ); } //////////////////////////// // Up if(fDown[i]) { k = i-1; do { if(VRSI[k] < VRSI[i] & fDown[i] & fDown[k]) { if(C[k] > C[i] & i-k > Lapse) { Div[i] = -1; } k = i-Length; } else k = k-1; } while( k > i-Length ); } } Fon = IIf(Div == 0, 0, 1); Col = IIf(Div == 1, 4, IIf(Div == -1, 5, 1)); Color = IIf(Div == 1, 48, IIf(Div == -1, 14, 1)); Color = IIf(fUp == 1, 48, IIf(fDown == 1, 14, 1)); Div = IIf(Div == 0, Null, abs(Div)); Fon = abs(Div); Title = EncodeColor(4)+"RSI(" + WriteVal(P, 2.0) + ")" + EncodeColor(1) + " ="+WriteVal(RSI(P)); Plot( RSI(P), "RSI", Col, 5); Plot( 25,"", 4, 16+4096); Plot( 75,"", 4, 16+4096); Plot(Fon, "", Color, 16384+32768+4096, MinValue = 0, MaxValue = 1); _SECTION_END();

### 2 comments

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1.zagreusGreat !!

tx ;)

2.MactoubIs someone able to create code for Buy Sell commands?