Description
The Sylvain Vervoort Asymmetrical RSI indicator was described in the October 2008 issue of the 'Stocks & Commodities' magazine.
This indicator is used to determine trade sentiments in correlation with indicator value above and below level 50, in multiple periods, such as 10, 50, 100, and 200.
/
using System;
using cAlgo.API;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
namespace cAlgo
{
[Levels(30,50,70)]
[Indicator(IsOverlay = false, AccessRights = AccessRights.None)]
public class mRSIasymmetrical : Indicator
{
[Parameter("Period (10)", DefaultValue = 10, MinValue = 2)]
public int inpPeriod { get; set; }
[Output("RSI Asymmetrical ", LineColor = "Black", PlotType = PlotType.Line, Thickness = 1)]
public IndicatorDataSeries outRSIasymmetrical { get; set; }
private IndicatorDataSeries _delta, _up, _dn, _cnt, _upres, _dnres, _upmove, _dnmove, _rsiasymmetrical;
private MovingAverage _upavg, _dnavg, _cntavg;
protected override void Initialize()
{
_delta = CreateDataSeries();
_up = CreateDataSeries();
_dn = CreateDataSeries();
_cnt = CreateDataSeries();
_upavg = Indicators.MovingAverage(_up, (2*inpPeriod-1), MovingAverageType.Exponential);
_dnavg = Indicators.MovingAverage(_dn, (2*inpPeriod-1), MovingAverageType.Exponential);
_cntavg = Indicators.MovingAverage(_cnt, inpPeriod, MovingAverageType.Simple);
_upres = CreateDataSeries();
_dnres = CreateDataSeries();
_upmove = CreateDataSeries();
_dnmove = CreateDataSeries();
_rsiasymmetrical = CreateDataSeries();
}
public override void Calculate(int i)
{
_delta[i] = i>1 ? Bars.ClosePrices[i] - Bars.ClosePrices[i-1] : Bars.ClosePrices[i] - Bars.TypicalPrices[i];
_up[i] = Math.Max(_delta[i],0);
_dn[i] = Math.Abs(Math.Min(_delta[i],0));
_cnt[i] = _delta[i] < 0 ? 0 : 1;
_upres[i] = Math.Floor(_cntavg.Result[i] * inpPeriod + 0.5);
_dnres[i] = inpPeriod - _up[i];
_upmove[i] = _upres[i] == 0 ? 0 : _upres[i] == 1 ? _up[i] : _upavg.Result[i];
_dnmove[i] = _dnres[i] == 0 ? 0 : _dnres[i] == 1 ? _dn[i] : _dnavg.Result[i];
_rsiasymmetrical[i] = _dnmove[i] == 0 ? 100.0 : (100.0 - 100.0 / (1.0 + _upmove[i] / _dnmove[i]));
outRSIasymmetrical[i] = _rsiasymmetrical[i];
}
}
}
mfejza
Joined on 25.01.2022
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: mRSIasymmetrical.algo
- Rating: 5
- Installs: 569
- Modified: 16/05/2023 10:18
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Comments
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It was wondering if I could use this write-up on my other website, I will link it back to your website though.Great Thanks. white label payment processing