OPEN-SOURCE SCRIPT
Stoch RSI Buy/Sell Signals with Alerts
This color code helps a novice know when to buy and when to sell
What Each Section Does
Header: //version=5 tells TradingView which Pine Script version to use.
Indicator setup: indicator("Stoch RSI Buy/Sell Signals with Alerts", overlay=false) names your script and sets it to plot in a separate panel.
Inputs: Adjustable parameters for RSI length, Stoch length, and smoothing. You can tweak these in the settings panel.
Calculations: Builds RSI, then Stoch RSI, then smooths into %K and %D lines.
Signals: Defines buy (green) and sell (red) conditions based on crossovers and thresholds.
Color logic: Dynamically changes the %K line color (green/red/gray).
Plots: Draws %K (colored) and %D (blue) lines.
Background shading: Adds light green/red shading when signals fire for easy visual scanning.
Alerts: Pops up TradingView alerts when buy/sell conditions trigger, so you don’t miss them.
✅ Publishing Notes
Paste this into a new blank Pine Script editor starting at line 1.
Save and add it to your chart.
You’ll see the %K line flip colors, background shading, and alerts firing when conditions are met.
What Each Section Does
Header: //version=5 tells TradingView which Pine Script version to use.
Indicator setup: indicator("Stoch RSI Buy/Sell Signals with Alerts", overlay=false) names your script and sets it to plot in a separate panel.
Inputs: Adjustable parameters for RSI length, Stoch length, and smoothing. You can tweak these in the settings panel.
Calculations: Builds RSI, then Stoch RSI, then smooths into %K and %D lines.
Signals: Defines buy (green) and sell (red) conditions based on crossovers and thresholds.
Color logic: Dynamically changes the %K line color (green/red/gray).
Plots: Draws %K (colored) and %D (blue) lines.
Background shading: Adds light green/red shading when signals fire for easy visual scanning.
Alerts: Pops up TradingView alerts when buy/sell conditions trigger, so you don’t miss them.
✅ Publishing Notes
Paste this into a new blank Pine Script editor starting at line 1.
Save and add it to your chart.
You’ll see the %K line flip colors, background shading, and alerts firing when conditions are met.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.