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Re: [amibroker] Plotting RSI Histogram

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Padhu,
 
Here is a crude version of what you asked for. But i hope you'll find it easy to embellish.
 
Herbert:-
 

range = Prefs( 10 );

_N( ranstr = "("+WriteVal( range, 1.0 )+")" );

vrsi = RSI(range);

RSICOLG=IIf(Vrsi<30,colorGreen,colorBlack);

RSICOLR=IIf(Vrsi>70,colorRed,colorBlack);

Plot(IIf(Vrsi<30,Vrsi,Null), "Histogram", RSICOLG, styleHistogram );

Plot(IIf(Vrsi>70,Vrsi,Null), "Histogram", RSICOLR, styleHistogram );

Plot(IIf(Vrsi<70 AND Vrsi>30,Vrsi,Null),"",colorBlack,styleHistogram);

Buy = Cross( vrsi, 30 );

Sell = Cross( 70, vrsi );

////////////////////////////////////

----- Original Message -----
From: Padhu
Sent: Friday, April 01, 2005 8:23 AM
Subject: [amibroker] Plotting RSI Histogram

Hello,

 

I am using the below code to plot RSI as a histogram..But it plots only as a line...Basically when RSI is below 30 I would like the histogram to be Green and if rsi is above 70 i would like the histogram to be plotted Red. Appreciate if someone can share some thoughts on this. Thanks.

 

Cheers,Padhu

 

 

//--Indicator-End-- -- do not remove this line

range = Prefs( 10 );

_N( ranstr = "("+WriteVal( range, 1.0 )+")" );

Plot( vrsi = RSI(range), "RSI" + ranstr, -8 );

RSI_Sell_Red=IIf(vrsi < 50, colorRed, colorGreen);

Plot( vrsi, "Histogram", RSI_Sell_Red, 2 );

Buy = Cross( vrsi, 30 );

Sell = Cross( 70, vrsi );



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