OPEN-SOURCE SCRIPT
Mis à jour RSI + Stochastics
Super basic concept.
Take profit when both rsi and stochastic are overbought and vice versa.
Overbought and oversold are not necessarily indications that a market will reverse contrary to what some people teach. Markets can stay overbought much longer than oversold and therefore I find more value from the oversold signals(red signals).
Occasionally these signals will catch the exact top/ bottom but it would be risky to take a trade based on these signals alone. You can see these signals as take profit signals or even signs of a possible reversal.
Given the nature of these two indicators it will not perform well in a strong trend, so always use with confluence. Personally I would only use the oversold signals but I left it in case anybody finds it useful.
Take profit when both rsi and stochastic are overbought and vice versa.
Overbought and oversold are not necessarily indications that a market will reverse contrary to what some people teach. Markets can stay overbought much longer than oversold and therefore I find more value from the oversold signals(red signals).
Occasionally these signals will catch the exact top/ bottom but it would be risky to take a trade based on these signals alone. You can see these signals as take profit signals or even signs of a possible reversal.
Given the nature of these two indicators it will not perform well in a strong trend, so always use with confluence. Personally I would only use the oversold signals but I left it in case anybody finds it useful.
Notes de version
Added alerts (finally) 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.