BETTER RSI VIZUALIZATION FOR TREND FINDER FOR AMIBROKER AFL

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

_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();

_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.

BETTER RSI VIZUALIZATION FOR TREND FINDER FOR AMIBROKER AFL