Stochastic RSI Indicator For Amibroker

Stochastic RSI Indicator For Amibroker
 

//www.aflcode.com
PeriodRSI = Param( "PeriodRSI", 13, 1, 250, 1 );
PeriodStoch = Param( "PeriodStoch", 8, 1, 250, 1 );
MAType = Param( "MAType", 1, 1, 2, 1 );
PeriodSK = Param( "PeriodSK", 5, 1, 250, 1 );
PeriodSD = Param( "PeriodSD", 3, 1, 250, 1 );
Upper = Param( "Upper", 70, 50, 100, 1 );
Lower = Param( "Lower", 30, 0, 50, 1 );

irsi = RSI( PeriodRSI );
llvRsi = LLV( irsi, PeriodStoch );
hhvRsi = HHV( irsi, PeriodStoch );

StoRSI = 100 * ((irsi- llvRsi) / Max(hhvRsi - llvRsi, 0.0001));

if( MAType == 1 )
{
    SK = MA( StoRSI, PeriodSK );
    SD = MA( SK, PeriodSD );
}

if( MAType == 2 )
{
    SK = EMA( StoRSI, PeriodSK );
    SD = EMA( SK, PeriodSD );
}

Plot( SK, "DTOscSK", ParamColor( "ColorSK", colorBlueGrey ), styleLine );
Plot( SD, "DTOscSD", ParamColor( "ColorSD", colorWhite ), styleDashed );
Plot( 0, "ZeroLine", ParamColor( "ColorZero", colorWhite ), styleLine );
Plot( Upper, "Upper", ParamColor( "ColorUpper", colorRed ), styleLine );
Plot( Lower, "Lower", ParamColor( "ColorLower", colorGreen ), styleLine );

2 thoughts on “Stochastic RSI Indicator For Amibroker”

    1. 15 min time frame would be the best for this stochastic RSI indicator. It works great with forex and commodity market. I haven’t tried it yet with cash and future market. If anybody did, then please let us know.

       

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