Added signal functionality to StochRSI 2 Set Default Resolution of StochRSI 1 to "D" and StochRSI 2 to "240"
Last Edited: 5/19/16 Description: This is a basic Stochastic histogram that essentially shows when the indicator is either above or below the 50 level. Colors can be customized to your liking. Length and smoothing factor can be adjusted...
A weighted average of Hourly, Daily, Weekly and Monthly Stochastic.
Uses SMI (Stochastic Momentum Index) to set bar colors: When SMI above overbought, bar color is red. When SMI is between 0 and overbought, bar color is maroon When SMI is between oversold and 0, bar color is green When SMI is below oversold, bar color is lime. When SMI crosses above or below 0, bar color is orange.
This strategy combines the classic stochastic strategy to buy when the stochastic is oversold with a classic MACD strategy to buy when the MACD histogram value goes above the zero line. Only difference to the classic stochastic is a default setting of 71 for overbought (classic setting 80) and 29 for oversold (classic setting 20). Therefore this strategy goes...
Depending on the new trend - Fisher 100 crossing 0; Set an alert on each Long/Short "crossing down", 0.8 (or anything below 0.99), "on condition"
UPDATE: added CCI to the list of oscilators.
Update: added Fisher Transform to the list of oscillators.
EXPERIMENTAL: fixed some mixed signals :p request for MarxBabu.
EXPERIMENTAL: Request for MarxBabu.
Request for Khizon01: corrected a issue with the default stoch rsi settings (14 smoothing when it should be 3), can always change back since the 14 settings were better performing at the current chart. added option to just open buy trades or sell trades separately and close were previously swing trade occur. added plot titles.
What about to display Stochastic Oscilator in EMA-ATR Bands? If you like the idea I would code advanced version
This strategy combines the classic RSI strategy to sell when the RSI increases over 70 (or to buy when it falls below 30), with the classic Stochastic Slow strategy to sell when the Stochastic oscillator exceeds the value of 80 (and to buy when this value is below 20). This simple strategy only triggers when both the RSI and the Stochastic are together in a...
Price Overlay for Multiple Method Choice Divergence Detection:
RSI, EMA of RSI, EMA of RSI's EMA, and Stochastic. V2 added Price Bar Coloring. Buy when Orange or Green, Sell when Yellow or Red.
Sniper Stochastics is a triple stochastic system. Basically, watch the 20 and 80 crossovers. However, the settings of the three stochastics correspond to Fibonacci numbers 55, 89, and 144. Since we have a fast, medium and slow speed stochastics; we can also watch the crossovers. I have found that When the Red (144) is on top, it usually signals a turn...
This script will give you red or green columns as an indication for oversold/overbought based upon the rsi and stochastic both being at extreme levels (you set). The default oversold is at 35. If Stochastic and RSI fall below 35, you will get a green column (Both indicators at the extreme). Play with your levels to see how your stock reacts. RSI and Stochastic...