HPotter

RSI HistoAlert

This is simple indicator modified RSI
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
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//  Copyright by HPotter v1.0 07/08/2014
// This simple indicator modified RSI
// You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
////////////////////////////////////////////////////////////
study(title="RSI HistoAlert")
RSIPeriod = input(13, minval=1)
BuyAlertLevel = input(-10)
SellAlertLevel = input(10)
RSIHistoModify = input(1.5)
hline(0, color=purple, linestyle=line)
hline(BuyAlertLevel, color=green, linestyle=dashed)
hline(SellAlertLevel, color=red, linestyle=dashed)
xPrice = close
RSIMain = (rsi(xPrice, RSIPeriod) - 50) * RSIHistoModify
rsiHcolor = iff(RSIMain >= 0 , green,
        iff(RSIMain < 0, red, black))
plot(RSIMain, color=blue, title="RSI HistoAlert")
plot(RSIMain, color=rsiHcolor, title="Histogram", style = histogram, linewidth  = 1)
Dare2 PRO
2 years ago
I thank you so much HP. This is exactly what I needed and it is beautiful.
Reply
HPotter PRO Dare2
2 years ago
You are welcome.
Reply
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