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RSI Chart Label for TOS chart
Started:March 21st, 2014 (05:19 AM) by SmallMK Views / Replies:1,283 / 2
Last Reply:April 1st, 2014 (12:41 PM) Attachments:1

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RSI Chart Label for TOS chart

Old March 21st, 2014, 05:19 AM   #1 (permalink)
Trading Apprentice
KL Malaysia
Futures Experience: Advanced
Platform: TOS, Tradestation
Favorite Futures: Stocks
Posts: 1 since Mar 2014
Thanks: 0 given, 0 received

RSI Chart Label for TOS chart

Hi just looking to display 4day RSI label (95overbought, 5oversold) - simliar to appearance as attached ATR label.

If in overbought/oversold label to appear red otherwise default white.

Attached Thumbnails
RSI Chart Label for TOS chart-atr-label.jpg  
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Old March 21st, 2014, 05:19 AM   #2 (permalink)
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Old April 1st, 2014, 12:41 PM   #3 (permalink)
Elite Member
Oceanside, CA
Futures Experience: Intermediate
Platform: MB Trading, Thinkorswim
Favorite Futures: Stocks
Posts: 3 since Aug 2011
Thanks: 0 given, 0 received

try this,

def rsi = RSIWilder("over bought" = 95, "over sold" = 5, price = close(period = AggregationPeriod.FOUR_DAYS));
AddLabel(yes, rsi, if rsi >= 95 or rsi <= 5 then Color.RED else Color.WHITE);

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