MA RSI
Merging moving averages with the relative strength index, the MA RSI AFL relies on an AmiBroker data feed to offer insights into overbought or oversold market conditions. The utilization of real-time data feeds enables this AFL to provide more accurate signals, aiding traders in making informed decisions based on current market dynamics.
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_SECTION_BEGIN("MARSI");
MP = Param(" Period",13,3,100,1);
RP = Param("RSI",14,3,20,1);
UL= Param("Upper Limit",70,0,100,1);
LL= Param("Lower Limit",30,0,100,1);
PlotGrid(UL,colorBlue);
PlotGrid(LL,colorBlue);
R= RSIa( MA(C,MP), RP);
Plot(R, "RSI OF MA", colorBlue, styleLine);
PlotOHLC( R,R,50,R, "", IIf( R > 50, colorLightOrange , colorSkyblue ), styleCloud | styleClipMinMax, LL, UL );
_SECTION_END();