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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
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
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.