RSI Colored Afl Make Easier to Analyze

RSI WITH OVERBOUGHT & OVERSOLD COLORED AMIBROKER AFL

RSI with Overbought & Oversold colored for Amibroker Afl is a modify afl. This is actually modify base on overbought & oversold zone situation. This is RSI Indicator, with colored Overbought and Oversold area , to make easier to analyze. Many trader agree that this is the best RSI afl forever.

 Image of AFL [amibroker formula language].

RSI WITH OVERBOUGHT & OVERSOLD COLORED

RSI – Relative Strength Indicator is developed by J. Welles Wilder and introduced in his book, New Concepts in Technical Trading Systems, the Relative Strength Index (RSI) is an extremely popular momentum oscillator.

The RSI compares the magnitude of a stock’s recent gains to the magnitude of its recent losses and turns that information into a number that ranges from 0 to 100. It takes a single parameter, the number of time periods to use in the calculation.

The Image show the color zone of overbought & oversold. This makes a sense by one touch for trade.



RSI trading system afl & Amibroker RSI formula is a similar pattern. If you want to find out RSI crossover aflRSI buy sell signal afl deeply than read our other article.

HERE IS RSI WITH OVERBOUGHT & OVERSOLD COLORED AMIBROKER AFL CODE

Click here to download this AFL

How to use Amibroker AFL

  • Download Amibroker AFL.
  • Now copy the afl file and paste it to \Program Files\AmiBroker\Formulas\Custom. [For 32 bit]
  • If You have 64 bit operating system than paste it to  \Program Files(x86)\AmiBroker\Formulas\Custom.
  • Go to formula section of Amibroker and you will get the afl in Custom folder.

RSI Colored Afl Make Easier to Analyze
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