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Anthony,
TS gives me a pop alert whenever RSI touches upper or lower band.
Is it possible to write an alert responsive after the first touch
when rsi fails to reach upper/lower band and turns down/up within 3-
periods (signal probably more significant)?
Regards,
Steven
--- In amibroker@xxxxxxxxxxxxxxx, Anthony Faragasso <ajf1111@xxxx>
wrote:
> steven,
>
> What kind of alert signal does tradestation give you, when using
this
> code....
>
> Anthony
>
> stevenjaksic wrote:
>
> > Hi Anthony,
> >
> > Thanks a lot! I have compared Amibroker's graph with the
> > Tradestation one and it perfectly matches. Yes, I would like
> > Alertmarker added if possible.
> > Again thanks for the great piece of code, this application RSI
with
> > Volatility Bands is used in this manner:
> >
> > When the RSI is near an extreme high or low and touches
volatility
> > band the indicator will follow the strong move and will pull back
> > from the bend. The signal comes when RSI tries to resume former
> > trend and fails to challenge outer band for the second time. You
> > don't need divergence or any other signal, only failure of RSI to
> > reach upper or lower band for the second time.
> >
> > I would like to thank other guys also for the effort (Bob and
Sid).
> >
> > Best Regards,
> >
> > Steven
> >
> >
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, Anthony Faragasso
<ajf1111@xxxx>
> > wrote:
> > > Steven,
> > >
> > > Try this, load into Indicator builder.....select Show dates and
> > Middle
> > > if you want to ....
> > >
> > > let me know if this is similar to Tradestation's....also, I
will
> > add the
> > > Alertmarker if you want.
> > >
> > > //Input:
> > > Coefdwn=2.1;
> > > Coefup=2.3;
> > >
> > > //ATR custom
> > >
> > > Per=14;
> > > TH= IIf(Ref(RSIa(C,Per), -1) > RSIa(C,Per), Ref(RSIa(C,Per), -
1),
> > > RSIa(C,Per));
> > > TL= IIf(Ref(RSIa(C,Per), -1) < RSIa(C,Per), Ref(RSIa(C,Per), -
1),
> > > RSIa(C,Per));
> > > TR= TH - TL;
> > > Truerangecustom=MA(TR, per);
> > >
> > > //Plot(Truerangecustom,"",colorRed,styleLine);
> > >
> > >
> > > Plot1=MA(RSIa(Close,14),6)+(Coefup*MA(TrueRangeCustom,15));
> > > Plot2=MA(RSIa(Close,14),6)-(Coefdwn*MA(TrueRangeCustom,15));
> > > Plot3=RSIa(Close,14);
> > >
> > > Plot(Plot1,"Plot1",colorYellow,styleLine);
> > > Plot(Plot2,"plot2",colorYellow,styleLine);
> > > Plot(Plot3,"Plot3",colorRed,styleLine);
> > >
> > > /*IF CheckAlert Then Begin
> > > If Plot1 Crosses Above Plot2 OR Plot1 Crosses Below Plot2
> > > OR Plot1 Crosses Above Plot3 OR Plot1 Crosses Below Plot3
> > > OR Plot2 Crosses Above Plot3 OR Plot2 Crosses Below Plot3
> > > Then Alert=True;
> > > End;*/
> > >
> > >
> > > Anthony
> > >
> > > stevenjaksic wrote:
> > >
> > > > Hi guys,
> > > >
> > > > I need a help with Tradestation formula I want to translate
to
> > AFL,
> > > > basically it's RSI with Volatility bands applied, I dont'
believe
> > > > AFL has coef and truerange function.
> > > >
> > > > Thanks in advance,
> > > >
> > > > Steven
> > > >
> > > > Input: Coefdwn(2.1),Coefup(2.3);
> > > > Plot1((Average((RSI(Close,14)),6))+(Coefup*(Average
> > (TrueRangeCustom
> > > > ((RSI(Close,14)),(RSI(Close,14)),(RSI
(Close,14))),15))),"Plot1");
> > > > Plot2((Average((RSI(Close,14)),6))-(Coefdwn*(Average
> > (TrueRangeCustom
> > > > ((RSI(Close,14)),(RSI(Close,14)),(RSI
(Close,14))),15))),"Plot2");
> > > > Plot3((RSI(Close,14)),"Plot3");
> > > > IF CheckAlert Then Begin
> > > > If Plot1 Crosses Above Plot2 or Plot1 Crosses Below
Plot2
> > > > or Plot1 Crosses Above Plot3 or Plot1 Crosses Below
Plot3
> > > > or Plot2 Crosses Above Plot3 or Plot2 Crosses Below
Plot3
> > > > Then Alert=TRUE;
> > > > End;
> > > >
> > > >
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