Better RSI vizualization for trend finder for Amibroker AFL –
Better RSI vizualization for trend finder for Amibroker AFL is saying everything, Formula for intraday traders. But i would say that this afl for all those people who want to trade again n again n again daily for small profits, that means this afl formula is for scalpers. So see first trend in max timeframes, and trade on that . for small profits with small stoploss. So scalp the trend with the formula.
Here is the Better RSI vizualization for trend finder for Amibroker AFL
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_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(); |
How to use Better RSI vizualization for trend finder for Amibroker AFL,
- Download the Better RSI vizualization for trend finder for Amibroker AFL .
- Now copy the afl file and paste it to \Program Files\AmiBroker\Formulas\Custom.
- Now go to formula section of Amibroker and you will get the afl in Custom folder.
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