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RSI trend color indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=947
Forum: 17 · Topic 947 · 10 post(s)
RSI trend color indicator
Alexander.Gettinger · Tue May 04, 2010 10:44 am
moh2001 » Sat Apr 24, 2010 11:24 pm can you please convert to trading station II
Code: Select all `function Init() indicator:name(“RSI trend color indicator”); indicator:description(“”); indicator:requiredSource(core.Bar); indicator:type(core.Oscillator); indicator.parameters:addInteger(“RSI_Period”, “RSI_Period”, “Period of RSI”, 50); indicator.parameters:addInteger(“EMA_Period”, “EMA_Period”, “Period of EMA”, 25); indicator.parameters:addInteger(“PriceType”, “PriceType”, “0 - close, 1 - open, 2 - hi, 3 -low , 4 - median, 5 - typical, 6 - weighted.”, 0); indicator.parameters:addInteger(“overBought”, “overBought”, “overBought”, 50); indicator.parameters:addInteger(“overSold”, “overSold”, “overSold”, 50);
indicator.parameters:addColor(“RSI_color”, “Color of RSI”, “Color of RSI”, core.rgb(0, 255, 0)); indicator.parameters:addColor(“MA_color”, “Color of MA”, “Color of MA”, core.rgb(255, 0, 0)); indicator.parameters:addColor(“Upper_color”, “Color of Upper”, “Color of Upper”, core.rgb(0, 0, 255)); indicator.parameters:addColor(“Lower_color”, “Color of Lower”, “Color of Lower”, core.rgb(128, 128, 128)); end
local pCCI; local pATR;
local first; local source = nil; local Price=nil; local RSI = nil; local MA = nil; local RSI_Period; local EMA_Period; local PriceType; local overBought; local overSold;
local thisCCI, lastCCI;
function Prepare() source = instance.source; RSI_Period=instance.parameters.RSI_Period; EMA_Period=instance.parameters.EMA_Period; PriceType=instance.parameters.PriceType; overBought=instance.parameters.overBought; overSold=instance.parameters.overSold; Price = instance:addInternalStream(0, 0); RSI = core.indicators:create(“RSI”, Price, RSI_Period); MA = core.indicators:create(“EMA”, RSI.DATA, EMA_Period); first = source:first()+math.max(RSI_Period,EMA_Period); local name = profile:id() .. “(“ .. source:name() .. “, “ .. RSI_Period .. “, “ .. EMA_Period .. “, “ .. PriceType .. “, “ .. overBought .. “, “ .. overSold .. “)”; instance:name(name); RSIbuff = instance:addStream(“RSIbuff”, core.Line, name .. “.RSIbuff”, “RSIbuff”, instance.parameters.RSI_color, first); MAbuff = instance:addStream(“MAbuff”, core.Line, name .. “.MAbuff”, “MAbuff”, instance.parameters.MA_color, first); Upper = instance:addStream(“Upper”, core.Line, name .. “.Upper”, “Upper”, instance.parameters.Upper_color, first); Lower = instance:addStream(“Lower”, core.Line, name .. “.Lower”, “Lower”, instance.parameters.Lower_color, first); end
function Update(period, mode) if PriceType==0 then Price[period]=source.close[period]; elseif PriceType==1 then Price[period]=source.open[period]; elseif PriceType==2 then Price[period]=source.high[period]; elseif PriceType==3 then Price[period]=source.low[period]; elseif PriceType==4 then Price[period]=(source.high[period]+source.low[period])/2.; elseif PriceType==5 then Price[period]=(source.high[period]+source.low[period]+source.close[period])/3.; elseif PriceType==6 then Price[period]=(source.high[period]+source.low[period]+2.*source.close[period])/4.; end RSI:update(mode); MA:update(mode); if (period>first) then RSIbuff[period]=RSI.DATA[period]; MAbuff[period]=MA.DATA[period]; if RSI.DATA[period]>overBought then Upper[period]=RSI.DATA[period]; Upper[period-1]=RSI.DATA[period-1]; else Upper[period]=nil; if Upper[period-2]==nil then Upper[period-1]=nil; end if RSI.DATA[period]<overSold then Lower[period]=RSI.DATA[period]; Lower[period-1]=RSI.DATA[period-1]; else Lower[period]=nil; if Lower[period-2]==nil then Lower[period-1]=nil; end end end end end`
Re: RSI trend color indicator
moh2001 · Sun May 23, 2010 4:53 am
can you make signal please? thanks
Re: RSI trend color indicator
Alexander.Gettinger · Mon May 24, 2010 10:14 pm
Code: Select all `function Init() strategy:name(“Rsi trend color signal”); strategy:description(“”);
strategy.parameters:addGroup(“Parameters”);
strategy.parameters:addInteger(“RSI_Period”, “RSI_Period”, “Period of RSI”, 50); strategy.parameters:addInteger(“EMA_Period”, “EMA_Period”, “Period of EMA”, 25); strategy.parameters:addInteger(“PriceType”, “PriceType”, “0 - close, 1 - open, 2 - hi, 3 -low , 4 - median, 5 - typical, 6 - weighted.”, 0); strategy.parameters:addInteger(“overBought”, “overBought”, “overBought”, 50); strategy.parameters:addInteger(“overSold”, “overSold”, “overSold”, 50);
strategy.parameters:addString(“Period”, “Timeframe”, “”, “m5”); strategy.parameters:setFlag(“Period”, core.FLAG_PERIODS);
strategy.parameters:addGroup(“Signals”); strategy.parameters:addBoolean(“ShowAlert”, “Show Alert”, “”, true); strategy.parameters:addBoolean(“PlaySound”, “Play Sound”, “”, false); strategy.parameters:addFile(“SoundFile”, “Sound File”, “”, “”); end
local SoundFile; local gSourceBid = nil; local gSourceAsk = nil; local first;
local BidFinished = false; local AskFinished = false; local LastBidCandle = nil;
local RSI_T_C;
function Prepare() local FastN, SlowN;
ShowAlert = instance.parameters.ShowAlert; if instance.parameters.PlaySound then SoundFile = instance.parameters.SoundFile; else SoundFile = nil; end assert(not(PlaySound) or (PlaySound and SoundFile ~= “”), “Sound file must be specified”); assert(instance.parameters.Period ~= “t1”, “Signal cannot be applied on ticks”);
ExtSetupSignal(“Rsi trend color signal:”, ShowAlert);
gSourceBid = core.host:execute(“getHistory”, 1, instance.bid:instrument(), instance.parameters.Period, 0, 0, true); gSourceAsk = core.host:execute(“getHistory”, 2, instance.bid:instrument(), instance.parameters.Period, 0, 0, false);
RSI_T_C = core.indicators:create(“RSI_TREND_COLOR”, gSourceBid, instance.parameters.RSI_Period, instance.parameters.EMA_Period,instance.parameters.PriceType,instance.parameters.overBought,instance.parameters.overSold);
first = RSI_T_C.DATA:first() + 2;
local name = profile:id() .. “(“ .. instance.bid:instrument() .. “(“ .. instance.parameters.Period .. “)” .. instance.parameters.RSI_Period .. “)” .. instance.parameters.EMA_Period .. “)” .. instance.parameters.PriceType .. “)” .. instance.parameters.overBought .. “)” .. instance.parameters.overSold .. “)”; instance:name(name); end
local LastDirection=nil;
– when tick source is updated function Update() if not(BidFinished) or not(AskFinished) then return ; end
local period;
– update moving average RSI_T_C:update(core.UpdateLast);
– calculate enter logic if LastBidCandle == nil or LastBidCandle ~= gSourceBid:serial(gSourceBid:size() - 1) then LastBidCandle = gSourceBid:serial(gSourceBid:size() - 1);
period = gSourceBid:size() - 1; if period > first then if RSI_T_C.Upper[period]>RSI_T_C.Lower[period] and LastDirection~=1 then ExtSignal(gSourceAsk, period, “Buy”, SoundFile); LastDirection=1; elseif RSI_T_C.Upper[period]<RSI_T_C.Lower[period] and LastDirection~=-1 then ExtSignal(gSourceBid, period, “Sell”, SoundFile); LastDirection=-1; end end end end
function AsyncOperationFinished(cookie) if cookie == 1 then BidFinished = true; elseif cookie == 2 then AskFinished = true; end end
local gSignalBase = “”; – the base part of the signal message local gShowAlert = false; – the flag indicating whether the text alert must be shown
– Sets the base message for the signal – @param base The base message of the signals – ——————————————————— function ExtSetupSignal(base, showAlert) gSignalBase = base; gShowAlert = showAlert; return ; end
– Signals the message – @param message The rest of the message to be added to the signal – @param period The number of the period – @param sound The sound or nil to silent signal – ——————————————————— function ExtSignal(source, period, message, soundFile) if source:isBar() then source = source.close; end if gShowAlert then terminal:alertMessage(source:instrument(), source[period], gSignalBase .. message, source:date(period)); end if soundFile ~= nil then terminal:alertSound(soundFile, false); end end`
Re: RSI trend color indicator
moh2001 · Tue May 25, 2010 8:30 pm
a signal should be according to the color, not bellow or above the moving avg
Re: RSI trend color indicator
jenniferFX888 · Mon Nov 24, 2014 11:13 pm
Hi Alexander,
Would you please make an option to change width and style?
Thannks,
jennifer
Re: RSI trend color indicator
Apprentice · Tue Nov 25, 2014 3:55 am
Style Option Added.
Re: RSI trend color indicator
Apprentice · Fri Feb 13, 2015 6:18 am
Bump Up.
Re: RSI trend color indicator
rch05000 · Wed Apr 22, 2015 11:57 am
Hello Apprentice, 1) It is possible to put a signal in the crossing of the RSI and the mobile average
2) I do not arrive has to install the indicator Rsi_Trend_color_signal. I have an error, to see following image
Sorry for my English Thank you in advance RCH
Re: RSI trend color indicator
Apprentice · Thu Apr 23, 2015 5:38 am
Fixed. Make sure to re-download Rsi_Trend_Color.lua & Rsi_Trend_Color_Signal.lua alike.
Re: RSI trend color indicator
Apprentice · Wed Sep 12, 2018 5:54 am
The indicator was revised and updated.