OPEN-SOURCE SCRIPT
Aggiornato MY:TDI/STOCH
█ MY TDI / STOCH INDICATOR
This indicator shows a panel to display the Oversold and Overbought zones based on TDI and STOCHASTIC
The panel contains multiple elements :
• The top straight band : The STOCHASTIC overbought area
• The bottom straight band : The STOCHASTIC oversold area
• The middle waving band : The TDI Bollinger Bands
• The RSI line in Yellow
• 6 STOCHASTIC Lines : Period 15, 32 and 50
Behavior :
• When the STOCHASTIC lines are in the overbought area, their color changes from GRAY to RED
• When the 6 STOCHASTIC lines are in the overbought area, the top band background changes from GRAY to RED
• When the STOCHASTIC lines are in the oversold area, their color changes from GRAY to GREEN
• When the 6 STOCHASTIC lines are in the overbought area, the top band background changes from GRAY to RED
• When the RSI line is BELOW the Bollinger Bands, and with an oversold RSI, the line's color changes from YELLOW to GREEN
• When the RSI line is BELOW the Bollinger Bands, and with an oversold RSI, the Bollinger Bands changes from GRAY to GREEN
• When the RSI line is ABOVE the Bollinger Bands, and with an overbought RSI, the line's color changes from YELLOW to RED
• When the RSI line is ABOVE the Bollinger Bands, and with an overbought, the Bollinger Bands changes from GRAY to RED
A buy signal is when both Bollinger Bands background and Top+Bottom bands background are GREEN
A sell signal is when both Bollinger Bands background and Top+Bottom bands background are RED
THIS INDICATOR IS NOT BULLET PROOF, IT ONLY GIVES AN INDICATION ON POTENTIAL REVERSAL DUE TO OVERSOLD OR OVERBOUGHT.
IT IS NOT BECAUSE IT TRIGGERS A BUY OR SELL SIGNAL, THAT THE PRICE WON'T CONTINUE IN THE SAME DIRECTION FOR A COUPLE MORE CANDLES.
DON'T USE THIS INDICATOR BLINDLY, FOLLOW YOUR OWN ANALYSIS, AND USE THIS INDICATOR AS CONFIRMATION.
Alerts are available to notify you when a market is about (5min) to close or open.
To create an alert
• Open your chart
• Right click on the chart window
• Add Alerts for...
• Condition: chose My:TDI/STOCH - {{ticker}} - {{interval}} - Buy (for example)
• Options : Once per bar
• (OPTIONAL) update the title and description
• Validate
This indicator shows a panel to display the Oversold and Overbought zones based on TDI and STOCHASTIC
The panel contains multiple elements :
• The top straight band : The STOCHASTIC overbought area
• The bottom straight band : The STOCHASTIC oversold area
• The middle waving band : The TDI Bollinger Bands
• The RSI line in Yellow
• 6 STOCHASTIC Lines : Period 15, 32 and 50
Behavior :
• When the STOCHASTIC lines are in the overbought area, their color changes from GRAY to RED
• When the 6 STOCHASTIC lines are in the overbought area, the top band background changes from GRAY to RED
• When the STOCHASTIC lines are in the oversold area, their color changes from GRAY to GREEN
• When the 6 STOCHASTIC lines are in the overbought area, the top band background changes from GRAY to RED
• When the RSI line is BELOW the Bollinger Bands, and with an oversold RSI, the line's color changes from YELLOW to GREEN
• When the RSI line is BELOW the Bollinger Bands, and with an oversold RSI, the Bollinger Bands changes from GRAY to GREEN
• When the RSI line is ABOVE the Bollinger Bands, and with an overbought RSI, the line's color changes from YELLOW to RED
• When the RSI line is ABOVE the Bollinger Bands, and with an overbought, the Bollinger Bands changes from GRAY to RED
A buy signal is when both Bollinger Bands background and Top+Bottom bands background are GREEN
A sell signal is when both Bollinger Bands background and Top+Bottom bands background are RED
THIS INDICATOR IS NOT BULLET PROOF, IT ONLY GIVES AN INDICATION ON POTENTIAL REVERSAL DUE TO OVERSOLD OR OVERBOUGHT.
IT IS NOT BECAUSE IT TRIGGERS A BUY OR SELL SIGNAL, THAT THE PRICE WON'T CONTINUE IN THE SAME DIRECTION FOR A COUPLE MORE CANDLES.
DON'T USE THIS INDICATOR BLINDLY, FOLLOW YOUR OWN ANALYSIS, AND USE THIS INDICATOR AS CONFIRMATION.
Alerts are available to notify you when a market is about (5min) to close or open.
To create an alert
• Open your chart
• Right click on the chart window
• Add Alerts for...
• Condition: chose My:TDI/STOCH - {{ticker}} - {{interval}} - Buy (for example)
• Options : Once per bar
• (OPTIONAL) update the title and description
• Validate
Note di rilascio
Update initial config defaultScript open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.