This script is a simple extension of the Built-In Stochastic RSI that also plots the RSI and prints the values of ATR and ADX of the last bar of the current timeframe to a small table in the corner.
The script can be used to define the entry for a trade when the stochastics crossed and RSI is below or above 0.50 (for going long or short).
I like to use the Stochastics and RSI indicators for pullback strategies, and with this inidcator you dont have to add both indicators to your setup. The ATR can be used to define the value of your stop-loss and the ADX (e.g. > 25) give you a hint for the strength of the current trend.
Notes de version
⋅
Set the decimals of the ATR to 4 digits
Notes de version
⋅
Stochastics separated from RSI and color option for RSI added
Notes de version
⋅
Update name and chart
Notes de version
⋅
Stochastics based on RSI, not close, low and high
Notes de version
⋅
Add alerts for overbought and oversold entries
Notes de version
⋅
Register alert for overbought or oversold
Notes de version
⋅
Typo corrected
Notes de version
⋅
Typo
Notes de version
⋅
Alert on stochastics cross when oversold or overbought
Notes de version
⋅
Upper and lower level of bands as input
Notes de version
⋅
Length RSI and stochastics separated
Notes de version
⋅
Second RSI added for longer term momentum and trend
Is it possible to display the specified alerts in the indicator? Thanks
Acceleron
⋅
Is this the same as your Scapling Indicator which you did a video for on YouTube? I don't see that "SET" indicator on your menu of indicators- only on YouTube.
trading-guide
⋅
@Acceleron, No, I dont offer paid indicators anymore, you can use the TET now, it is similar and free. But I will refactor it.