OPEN-SOURCE SCRIPT
RSI, ADX & Stochastic Oscillator
Overview: This versatile indicator combines the Relative Strength Index (RSI), Average Directional Index (ADX), and Stochastic Oscillator to provide a comprehensive analysis of market conditions. You can customize all settings to suit your trading strategy.
Components:
RSI: Measures momentum and identifies overbought (above 70) and oversold (below 30) conditions.
ADX: Gauges trend strength, with values above 25 indicating a strong trend.
Stochastic Oscillator: Identifies potential reversal points, with values above 80 indicating overbought and below 20 indicating oversold conditions.
Benefits:
Holistic Analysis: Combines momentum, trend strength, and reversal signals for a well-rounded market view.
Enhanced Decision-Making: Helps traders make informed decisions by considering multiple market aspects.
Customizable Settings: Tailor each component’s parameters to fit your specific trading needs.
This tool is designed to help traders navigate the market with greater confidence and precision.
Note: If you want any changes in this script, feel free to contact me on Telegram and Instagram @maulikbhattt.
Components:
RSI: Measures momentum and identifies overbought (above 70) and oversold (below 30) conditions.
ADX: Gauges trend strength, with values above 25 indicating a strong trend.
Stochastic Oscillator: Identifies potential reversal points, with values above 80 indicating overbought and below 20 indicating oversold conditions.
Benefits:
Holistic Analysis: Combines momentum, trend strength, and reversal signals for a well-rounded market view.
Enhanced Decision-Making: Helps traders make informed decisions by considering multiple market aspects.
Customizable Settings: Tailor each component’s parameters to fit your specific trading needs.
This tool is designed to help traders navigate the market with greater confidence and precision.
Note: If you want any changes in this script, feel free to contact me on Telegram and Instagram @maulikbhattt.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.
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.