Function StochRSI

GoldOANDA

Huraian

⋅ 13 Ogs 2019 pukul 16.01

Stochastic Relative Strength Index developed by Tushar Chande and Stanley Kroll.
This script has been written to eliminate the period variable.(Integer)
Thus, it can be used comfortably in adaptive period scripts ! (For example : Adaptive Moving Average , KAMA , FAMA .. etc. )
All efforts goes to ChaosTrader (tradingview.com/script/I6rPLr4c-StochRSI/) ,
RicardoSantos (tradingview.com/script/32ohT5SQ-Function-Highest-Lowest/) ,
Hpotter for barcolor codes (iff) (tradingview.com/script/8cuqB2BM-FSK-Fast-and-Slow-Kurtosis-Backtest/)

I hope it will help your new ideas . Best regards ! Noldo .

Nota Keluaran

⋅ 9 Sep 2019 pukul 02.34

Dear users, I made a big mistake. I have analyzed the Stochastic Oscillator function instead of StochRSI.This is the correct function. Also added alarms. Best regards !

Nota Keluaran

⋅ 9 Sep 2019 pukul 02.42

Added some values for better observation.

Nota Keluaran

⋅ 10 Sep 2019 pukul 15.01

UPDATE :The rsi code pattern prepared by Tradingview is used. (Line 65 ) Because it is much more efficient where the period is less than 1.

Nota Keluaran

⋅ 11 Sep 2019 pukul 01.11

This is the most effective version than the others.

Nota Keluaran

⋅ 11 Sep 2019 pukul 01.17

This is to avoid distress if the variable average period drops to values between 0 and 1. (RSI Functions )

Nota Keluaran

⋅ 11 Sep 2019 pukul 15.51

Update : Colors

Relative Strength Index (RSI)Stochastic Oscillator Stochastic RSI (STOCH RSI)function variable dynamic oversold overbought

Komen

BiO-618

⋅ 13 Ogs 2019 pukul 17.58

Nice! Thanks ^^

Noldo

⋅ 25 Ogs 2019 pukul 12.01

[Edit ]

For alerts :

alertcondition(possig ==1 , title='Buy Signal', message='Buy Signal ')
alertcondition(possig ==-1, title='Sell Signal', message='Sell Signal ')

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