OPEN-SOURCE SCRIPT

Stochastic + RSI, Double Strategy (by ChartArt)

This strategy combines the classic RSI strategy to sell when the RSI increases over 70 (or to buy when it falls below 30), with the classic Stochastic Slow strategy to sell when the Stochastic oscillator exceeds the value of 80 (and to buy when this value is below 20).

This simple strategy only triggers when both the RSI and the Stochastic are together in a overbought or oversold condition. The one hour chart of the S&P 500 worked quite well recently with this double strategy.

By the way this strategy should not be confused with the 'Stochastic RSI', which measures the RSI only.

All trading involves high risk; past performance is not necessarily indicative of future results.
CLASSICRelative Strength Index (RSI)Stochastic Oscillatorstrategy

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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