```
# RSIwithFractalPivots_Amalia
# reposted to chatroom 04.18.2018
########START Code
declare lower;
input length = 14;
input over_Bought = 70;
input over_Sold = 30;
input price = close;
input averageType = AverageType.WILDERS;
input New_HI_LO = 30;
def NetChgAvg = MovingAverage(averageType, price - price[1], length);
def TotChgAvg = MovingAverage(averageType, AbsValue(price - price[1]), length);
def ChgRatio = if TotChgAvg != 0 then NetChgAvg / TotChgAvg else 0;
plot RSI = 50 * (ChgRatio + 1);
plot OverSold = over_Sold;
plot OverBought = over_Bought;
RSI.DefineColor("OverBought", GetColor(5));
RSI.DefineColor("Normal", GetColor(7));
RSI.DefineColor("OverSold", GetColor(1));
RSI.AssignValueColor(if RSI > over_Bought then RSI.color("OverBought") else if RSI < over_Sold then RSI.color("OverSold") else RSI.color("Normal"));
OverSold.SetDefaultColor(GetColor(8));
OverBought.SetDefaultColor(GetColor(8));
plot NEWHIGH = if RSI == highest(RSI, new_HI_LO) then RSI else Double.NAN;
NEWHIGH.setpaintingStrategy(paintingStrategy.POINTS);
NEWHIGH.setdefaultColor(color.light_green);
NewHIGH.setlineWeight(1);
plot NEWLOW = if RSI == lowest(RSI, new_HI_LO) then RSI else Double.NAN;
NEWLOW.setpaintingStrategy(paintingStrategy.POINTS);
NEWLOW.setdefaultColor(color.light_RED);
NEWLOW.setlineWeight(1);
# Fractals
# 1/5/17 Amalia added Aggregation periods?
def H = RSI;
def L = RSI;
input sequenceCount = 10;
def maxSideLength = sequenceCount + 10;
def upRightSide = fold i1 = 1 to maxSideLength + 1
with count1
while count1 != sequenceCount and
count1 != -1
do if GetValue(H, -i1) > H or
(GetValue(H, -i1) == H and
count1 == 0)
then -1
else if GetValue(H, -i1) < H
then count1 + 1
else count1;
def upLeftSide = fold i2 = 1 to maxSideLength + 1
with count2
while count2 != sequenceCount and
count2 != -1
do if GetValue(H, i2) > H or
(GetValue(H, i2) == H and
count2 >= 1)
then -1
else if GetValue(H, i2) < H
then count2 + 1
else count2;
def downRightSide = fold i3 = 1 to maxSideLength + 1
with count3
while count3 != sequenceCount and
count3 != -1
do if GetValue(L, -i3) < L or
(GetValue(L, -i3) == L and
count3 == 0)
then -1
else if GetValue(H, -i3) > L
then count3 + 1
else count3;
def downLeftSide = fold i4 = 1 to maxSideLength + 1
with count4
while count4 != sequenceCount and
count4 != -1
do if GetValue(L, i4) < L or
(GetValue(L, i4) == L and
count4 >= 1)
then -1
else if GetValue(L, i4) > L
then count4 + 1
else count4;
plot UpFractal = if upRightSide == sequenceCount and
upLeftSide == sequenceCount
then RSI
else Double.NaN;
plot DownFractal = if downRightSide == sequenceCount and
downLeftSide == sequenceCount
then RSI
else Double.NaN;
UpFractal.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
UpFractal.SetDefaultColor(color.RED);
UpFractal.SetLineWeight(2);
DownFractal.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
DownFractal.SetDefaultColor(color.GREEN);
DownFractal.SetLineWeight(2);
def Pre_hi = if !isnan(upfractal) then upfractal else pre_hi[1];
plot high_line = pre_hi;
high_line.setpaintingStrategy(paintingStrategy.DASHES);
high_line.setdefaultColor(color.CYAN);
def Pre_lo = if !isnan(downFractal) then downFractal else pre_lo[1];
plot lo_line = pre_lo;
lo_line.setpaintingStrategy(paintingStrategy.DASHES);
lo_line.setdefaultColor(color.MAGENTA);
addlabel(yes,
if RSI >= OverBought && RSI >= RSI[1]
then "RSI OB & Rising: " +round(RSI, 2)
else if RSI >= OverBought && RSI < RSI[1]
then "RSI OB & Falling: " +round(RSI, 2)
else if RSI <= OverSold && RSI < RSI[1]
then "RSI OS & Falling: " +round(RSI, 2)
else if RSI <= OverSold && RSI >= RSI[1]
then "RSI OS & Rising: " +round(RSI, 2)
else if RSI < OverBought && RSI > OverSold && RSI >= RSI[1]
then "RSI Rising: " +round(RSI, 2)
else if RSI < OverBought && RSI > OverSold && RSI < RSI[1]
then "RSI Falling: " +round(RSI, 2)
else "",
if RSI >= OverBought && RSI >= RSI[1]
then color.dark_orange
else if RSI >= OverBought && RSI < RSI[1]
then color.yellow
else if RSI <= OverSold && RSI < RSI[1]
then createcolor(000, 100, 100)
else if RSI <= OverSold && RSI >= RSI[1]
then color.cyan
else if RSI < OverBought && RSI > OverSold && RSI >= RSI[1]
then color.green
else if RSI < OverBought && RSI > OverSold && RSI < RSI[1]
then color.red
else color.gray);
plot Buffer = if RSI <= OverSold then RSI - 10 else if RSI >= OverBought then RSI + 10 else double.nan;
Buffer.setdefaultColor(color.black);
Buffer.hidetitle();
Buffer.hidebubble();
####END Code
```