Stochastic RSI+

Applies signal values to significant changes in momentum and can be used in conjunction with other indicators and analysis to improve trade timing.

Both "Signal Up" and "Signal Down" can be used for alerts.
The magnitude of the signal is the difference between K and D.
(See the code for the logic and implementation.)

Signal Up occurs when momentum is within the band and moving upward.
Signal Down occurs when momentum is within the band and moving downward.

Interpretation Note:
The Stochastic RSI is known for false signals, so it should never be used as a pure buy or sell signal. It is useful as a warning or to help with trade timing.
A good example of this is: If you are bullish on a stock, and the signal is negative (signal down), then it may be wise to not buy until the recent change in momentum has dissipated.

發行說明

Improved code readability.
Added K mode.
Added 6 (phase) alert conditions.

發行說明

Improved alter text.

發行說明

Fixed bug in signalUp and signalDown logic affecting alerts.

發行說明

Improved sample chart.

發行說明

Added option for VAWMA
Improved input layout.

發行說明

Updated to PineScript v5 and fixed issues with signal bands.

發行說明

histbase doesn't work right if the upper boundary (ceiling) isn't defined.

發行說明

Added option to use MFI instead of RSI.

Electrified

開源腳本

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. 您可以收藏它以在圖表上使用。