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I added the buy and sell clause to the Reverse RSI formula so I can
scan the crossovers, but I am getting several errors. Would someone
help me convert this indicator into an exploration. I appreciate it.
Here is the code:
WildPer = Param("Wilder Time Periods", 14, 1, 100, 1 );
Value = Param("RSI value", 50, 1, 100, 0.1 );
Field = Param("Price Field (0-close, 1-high, 2-low)", 0, 0, 2, 1 );
Mode = Param("Mode (0-RSI, 1-ReverseRSI)", 1, 0, 1, 1 );
function RevRSI( value, array, periods )
{
AU = Wilders( Max( array - Ref( array, -1 ), 0 ), periods );
AD = Wilders( Max( Ref( array, -1 ) - array, 0 ), periods );
x = ( periods - 1 ) * ( AD * value / (100 - value) - AU);
return IIf( x >= 0, array+x, array + x * (100 - value)/value );
}
array = IIf( Field == 0, Close, IIf( Field == 1, High, Low ) );
aname = WriteIf( Field == 0, "Close", WriteIf( Field == 1, "High",
"Low" ) );
if( Mode == 0 ) /* RSI */
{
Plot( RSIa( array, WildPer ), "RSI( " + aname + ", " + WildPer + ")",
colorRed );
}
else
{
Plot( array, aname, colorBlack );
Plot( RevRSI( value, array, WildPer ), "ReverseRSI( " + aname + ", " +
WildPer + ")", colorBlue, styleThick );
}
Buy=Cross(( array, aname, colorBlack ),(RevRSI( value, array, WildPer ));
Sell=Cross((RevRSI( value, array, WildPer ),( array, aname, colorBlack ));
Buy=ExRem(Buy,Sell);
Sell=ExRem(Sell,Buy);
PlotShapes(Buy*shapeUpArrow,colorGreen);
PlotShapes(Sell*shapeDownArrow,colorYellow);
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