UPDATE:
IMPORTANT!!! MAKE SURE "RECALCULATE AFTER ORDER FILLED" IS CHECKED. I will have it on by default in the future.
This is a continuation of my previous scripts of two MACD indicators with a Stochastic RSI indicator.
New features:
- Alternate MACD time interval
You can now set the time interval for the second MACD indicator to a different resolution...
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...
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.
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...
![EURUSD: [STRATEGY][RS]MarxBabu 4 Oscillators V0](https://s3.tradingview.com/2/21JnEuwF_mid.png "[STRATEGY][RS]MarxBabu 4 Oscillators V0")
![EURUSD: [STRATEGY][RS]MarxBabu 4 Oscillators V0](https://s3.tradingview.com/j/jG5QmbAr_mid.png "[STRATEGY][RS]MarxBabu 4 Oscillators V0")
![DWTI: [RS]Khizon (DWTI) Strategy V0](https://s3.tradingview.com/l/lBUPkGLN_mid.png "[RS]Khizon (DWTI) Strategy V0")
