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Buy On Dip V2

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This Setup Show When To Buy On Dip. (not 100% working, just as guidance)

Almost same like V1. but with volume.

The idea is combined from other script (thanks to all scriptwriter) and modified by me.

Main Idea Line and Histogram are derived and modified by:
1. Stochastic RSI ( purple and yellow)
2. Ema/Sma ( Black and orange)
3. Volume

how to interpret same as default Stochastic Rsi.

For Histogram and background:

1. Green mean buy pressure strong then sell pressure
2. Red mean sell pressure strong then buy pressure
3. Buy On Dip entry when the green is just to appear or for safe wait untill green bar above 20% line. (not 100% working, just as guidance)


Can Combined With my previous setup, Buy On Dip previos version and Mix MA.



Tested At Stock Market Bursa Malaysia, maybe can use at FOREX.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.