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RSI Chart Label for TOS chart
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RSI Chart Label for TOS chart

  #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.

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RSI Chart Label for TOS chart-atr-label.jpg  
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  #2 (permalink)
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  #3 (permalink)
Elite Member
Oceanside, CA
Futures Experience: Intermediate
Platform: MB Trading, Thinkorswim
Favorite Futures: Stocks
Posts: 3 since Aug 2011
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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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  #4 (permalink)
Elite Member
NW Florida
Futures Experience: Intermediate
Platform: OX and TOS
Favorite Futures: Futures Options, Stocks
opts's Avatar
Posts: 234 since Aug 2012
Thanks: 29 given, 109 received

Multi timeframe RSI label issues

Soooo...I am trying to create a multi-time frame RSI label but having some issues. The label works for the current chart but the daily label is blacked out. I have tried some other inputs or structure but the best I could get was this or the daily label is pegged at 50....any thoughts?

declare upper;

input length = 14;
input RSIOverbought = 70.00;
input RSIOversold = 30.00;
#input aggregationPeriodday = AggregationPeriod.dAY;
#input aggregationPeriodmin = AggregationPeriod.MIN;

def RSID = reference RSI(length, price = close(period = "day" )).RSI;
def RSIchart = reference RSI(length,price = close).rsi;

AddLabel(yes, "RSIDay: " + Round(RSID, 2), if RSID >= RSIOverbought then Color.RED else if RSID <= RSIOversold then Color.GREEN else Color.WHITE);

AddLabel(yes, "RSI: " + Round(RSIchart, 2), if RSIchart >= RSIOverbought then Color.RED else if RSIchart <= RSIOversold then Color.GREEN else Color.WHITE);


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