Guppy RSI
Guppy RSI, an element within Amibroker AFL, focuses on utilizing the Relative Strength Index (RSI) within the Guppy system. Utilizing the Amibroker data feed, this AFL calculates RSI values to assess market conditions’ overbought or oversold levels. Traders interpret Guppy RSI readings to identify potential trend reversals or continuations, aligning their strategies with RSI signals within the Guppy framework.
/_SECTION_BEGIN("RSI");
a = Param("rsi", 21, 2, 90, 1, 10 );
b1 = Param("period1", 3, 2, 300, 1, 10 );
b2 = Param("period2", 33, 2, 300, 1, 10 );
COLORRSI= IIf (EMA( RSI(a), 3 )>Ref(EMA( RSI(a), 3 ),-1), colorGreen,colorRed);
COLORRSI1= IIf (EMA( RSI(a), 33 )>Ref(EMA( RSI(a), 33 ),-1), colorBlue,colorDarkBlue);
//Plot( RSI( 21), "", colorWhite, styleThick );
Plot( EMA( RSI(a), 3 ), "",colorYellow, styleThick, styleNoLabel );
Plot( EMA( RSI(a), 4 ), "",colorRSI, styleNoLabel);
Plot( EMA( RSI(a), 5 ), "",colorRSI, styleNoLabel);
Plot( EMA( RSI(a), 7 ), "",colorRSI, styleNoLabel);
Plot( EMA( RSI(a), 9 ), "",colorRSI, styleNoLabel);
Plot( EMA( RSI(a), 11 ), "",colorRSI, styleNoLabel);
Plot( EMA( RSI(a), 13 ), "",colorRSI, styleNoLabel);
Plot( EMA( RSI(a), 15 ), "",colorRSI, styleNoLabel);
Plot( EMA( RSI(a), 17 ), "",colorRSI, styleNoLabel);
Plot( EMA( RSI(a), 19 ), "",colorRSI, styleNoLabel);
Plot( EMA( RSI(a), 21 ), "",colorOrange, styleThick, styleNoLabel);
Plot( EMA( RSI(a), 33 ), "",colorAqua, styleThick, styleNoLabel );
Plot( EMA( RSI(a), 36 ), "", COLORRSI1, styleNoLabel );
Plot( EMA( RSI(a), 40 ), "",COLORRSI1, styleNoLabel );
Plot( EMA( RSI(a), 44 ), "",COLORRSI1, styleNoLabel );
Plot( EMA( RSI(a), 50 ), "",COLORRSI1, styleNoLabel );
Plot( EMA( RSI(a), 55 ), "",COLORRSI1, styleNoLabel);
Plot( EMA( RSI(a), 60 ), "",COLORRSI1, styleNoLabel);
Plot( EMA( RSI(a), 65 ), "",COLORRSI1, styleNoLabel );
Plot( EMA( RSI(a), 70 ), "",COLORRSI1, styleNoLabel);
Plot( EMA( RSI(a), 75 ), "",colorGreen, styleThick , styleNoLabel);
ST_buy = Cross(EMA( RSI(a), b1 ), EMA( RSI(a), b2 ));
ST_Sell = Cross(EMA( RSI(a), b2 ), EMA( RSI(a), b1 ));
//w= Param("Timing Tool", 31, 2, 300, 1, 10 );
//r = Param("period", 5, 2, 300, 1, 10 );
//MT_buy = Cross(CCI(w), EMA( CCI(w), r ));
//MT_Sell = Cross(EMA( CCI(w), r ), CCI(w));
//PlotShapes(shapeSmallCircle, COLORRSI1);
PlotShapes(shapeUpTriangle * ST_buy, colorWhite);
PlotShapes(shapeDownTriangle * ST_Sell, colorWhite);
//PlotShapes(shapeSmallUpTriangle * MT_buy, colorGreen);
//PlotShapes(shapeSmallDownTriangle * MT_Sell, colorGreen);
// 5 crosses 21 : short term
_SECTION_END();