RSI

   Hi, Can anyone write the code so the RSI fills in with a solid colour, in the overbought and oversold areas. I noticed a lot of USA chartists do this and it can make it easier to see as the charts flip through quickly. Perhaps this will be too hard. Not sure what happens when the o'bought area is half completed. It would have to have completed I suppose

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jalna Members Profile Send Private Message Find Members Posts Add to Buddy List Regular Joined: 31 Mar 2007 Posts: 95	Post Options Post Reply Quote jalna Report Post Quote Reply Topic: RSI Posted: 28 May 2009 at 9:47pm
	Hi, Can anyone write the code so the RSI fills in with a solid colour, in the overbought and oversold areas. I noticed a lot of USA chartists do this and it can make it easier to see as the charts flip through quickly. Perhaps this will be too hard. Not sure what happens when the o'bought area is half completed. It would have to have completed I suppose

maximo Members Profile Send Private Message Find Members Posts Add to Buddy List BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232	Post Options Post Reply Quote maximo Report Post Quote Reply Posted: 30 May 2009 at 12:50am
	Yes that's not too hard. See if this is what you're after. MML is showing half completion. { Full RSI formula with areafill } n := input("Time period",14,1); nb:= n*2-1; {=wilder's smoothing } Su:=Ma(If(C-Ref(C,-1) > 0, C-Ref(C,-1), 0),nb,E); Sd:=Ma(If(C-Ref(C,-1) < 0, Ref(C,-1) - C, 0),nb,E); rs:=100-100/(1 + (Su/sd)); rs; rs1:=if(rs>=70,rs,70);rs2:=70; rs3:=if(rs<=30,rs,30);rs4:=30; [color=red; linestyle=dotted] 70; [color=lime green] 30; [name=RSI Top Fill; linestyle=fill; color=blue] rs1; rs2; [name=RSI Low Fill; linestyle=fill; color=blue] rs3; rs4; Edited by maximo - 30 May 2009 at 1:02am

jalna Members Profile Send Private Message Find Members Posts Add to Buddy List Regular Joined: 31 Mar 2007 Posts: 95	Post Options Post Reply Quote jalna Report Post Quote Reply Posted: 30 May 2009 at 10:06am
	Wonderful, yet again, thanks Maximo. Its a great quick visual