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Over Sold Strategy by Paolo F. Tiberi

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Over Sold Strategy by Paolo F. Tiberi

Description:

This indicator combines three powerful momentum-based technical tools to identify oversold buy opportunities:
* Stochastic RSI Crossover: Detects when momentum shifts upward from oversold territory.
* Commodity Channel Index (CCI): Confirms deep oversold conditions below a customizable threshold.
* Relative Strength Index (RSI): Adds an additional confirmation layer by requiring RSI to be below a set level.

A buy signal is plotted when all three conditions align:
1. %K crosses above %D in StochRSI, both below the lower band
2. CCI is below a user-defined threshold (default: -175)
3. RSI is below a buy threshold (default: 25)

This tool is designed for traders seeking to catch early bullish reversals after sharp downward moves. All parameters are fully adjustable for flexible strategy development.

Includes alert support so you never miss a setup.

To request access send you TradingView Username to the free telegram group: t.me/+DBLM5FTa7vw4NDZl

Penafian

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