There are 2 alerts, one for a long condition and one for a short condition.
CRITERIA FOR ALERTS:
Long condition happens when the k value of the Stochastic RSI crosses above the d value AND the Rate of Change formula shows we are not going sideways
Short condition happens when the k value of the Stochastic RSI crosses below the d value AND the Rate of Change formula shows we are not going sideways
I have altered the plotting slightly to better suit an indicator.
Green background = long signal
Red background = short signal
White background = no trade/sideways zone
Note di rilascio
Added bar colors to identify signals on the chart - blue = long, yellow = short, grey = sideways
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. Per aggiungerlo al grafico, mettilo tra i preferiti.
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