Relative Strength Index (Bar Color UI) free

by Fron in category Oscilator at 11/07/2022
Description

Relative Strength Index (Bar Color Base) 
 

Relative Strength Index (Bar Color Based)  Is A Visual Chart  Interface Rather Than RSI Being a Segregated oscillator indicator Which Would normally be displayed Below the chart.  Relative Strength Index (Bar Color Base) Indicator Overlays the OverBought and the Oversold Levels(Parameters that you can Manipulate, as well OHLC).  This Indicator Works best  with others Indicators. OverBought and the Oversold Levels Are changed with Bar Color Distinction. 

https://www.vivapeiro.com/

Example Purposes ONLY

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Formula / Source Code
Language: C#
Trading Platform: cAlgocTrader
´╗┐using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class Yo : Indicator
    {


        [Parameter("Periods", DefaultValue = 337)]
        public int perid { get; set; }

        [Parameter("OHLC ")]
        public DataSeries Source { get; set; }




        [Parameter(DefaultValue = 70)]
        public int MaxLevel { get; set; }

        [Parameter(DefaultValue = 30)]
        public int MinLevel { get; set; }







        protected override void Initialize()
        {

            var vma = Indicators.RelativeStrengthIndex(Source, perid);



        }

        public override void Calculate(int index)
        {
            var Price = Source;

            var vma = Indicators.RelativeStrengthIndex(Source, perid);


            if (vma.Result.LastValue > MaxLevel)
            {

                Chart.SetBarColor(Price.Count, Color.FromHex("#00868A"));
            }

            if (vma.Result.LastValue < MinLevel)
            {
                Chart.SetBarColor(Price.Count, Color.FromHex("#D19292"));

            }
            return;


        }
    }
}
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