OPEN-SOURCE SCRIPT
WealthElf Bungee
Overview
The WealthElf Bungee helps traders identify overbought/oversold conditions and momentum shifts using multiple stochastic timeframes, RSI, and Williams %R. You can look at any of these infdividualy, or an average of all to provide an aggregated concensus view (how I use it)
How to Use
Fixed OverBought/OverSold Levels – Default 80/20, customizable in settings.
Variable OverBought/OverSold Levels – based on StdDev of the average line, customizable in settings.
Indicators – Toggle Stochastic (8, 16, 34, 76), RSI (2), and Williams %R (2) as needed.
Average Line & EMA – Tracks overall momentum; green = bullish, red = bearish.
Alerts – Signals when indicators cross key levels.
Use it to time entries/exits and improve decision-making within your broader strategy. 🚀
The WealthElf Bungee helps traders identify overbought/oversold conditions and momentum shifts using multiple stochastic timeframes, RSI, and Williams %R. You can look at any of these infdividualy, or an average of all to provide an aggregated concensus view (how I use it)
How to Use
Fixed OverBought/OverSold Levels – Default 80/20, customizable in settings.
Variable OverBought/OverSold Levels – based on StdDev of the average line, customizable in settings.
Indicators – Toggle Stochastic (8, 16, 34, 76), RSI (2), and Williams %R (2) as needed.
Average Line & EMA – Tracks overall momentum; green = bullish, red = bearish.
Alerts – Signals when indicators cross key levels.
Use it to time entries/exits and improve decision-making within your broader strategy. 🚀
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 des publications est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.