OPEN-SOURCE SCRIPT

StochRSI + MACD with Fixed TP Exit

301
Autor WickDipper
Liquidity Finder: The liquidity zones are heuristic and based on volume and swing points. You may need to tweak the volumeThreshold and lookback to match the asset's volatility and timeframe.

Timeframe: This script works on any timeframe, but signals may vary in reliability (e.g., higher timeframes like 4H or 1D may reduce noise).

Customization: You can modify signal conditions (e.g., require only RSI or MACD) or add filters like trend direction using moving averages.

Backtesting: Use TradingView's strategy tester to evaluate performance by converting the indicator to a strategy (replace plotshape with strategy.entry/strategy.close).

Penafian

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