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Stochastic & RSI Oscillator with Signals (Custom by TitikSona)

📊 Overview
The Stochastic & RSI Oscillator with Signals is an educational trading tool that combines two Stochastic oscillators with an RSI filter, and highlights potential market conditions using visual signals. It provides a multi-layered view of short-term and long-term momentum, helping traders observe overbought and oversold areas with visual markers.
⚙️ Core Components
1. Dual Stochastic System
- Stochastic 1 (Fast): K=12, D=3, Slowing=20
- Stochastic 2 (Slow): K=100, D=8, Slowing=8
- Provides both short-term and longer-term momentum perspectives
2. RSI Filter
- 26-period RSI with adjustable upper (default 70) and lower (default 30) levels
- Highlights neutral, overbought, and oversold conditions
🎯 Signals & Visualization
- Buy Signal: Both Stochastic lines indicate oversold AND RSI is within the defined range
- Sell Signal: Both Stochastic lines indicate overbought AND RSI is within the defined range
- Signals are displayed as green (BUY) and red (SELL) triangles on the oscillator window
- Labels show current Stochastic and RSI values for each signal
- Alerts can be enabled to notify when conditions are met
- Background shading indicates potential overbought (red) or oversold (green) zones
- A table displays real-time indicator readings and signal status
💡 How to Use
- Observe signals as informational markers, not guaranteed entry points
- Compare fast vs. slow Stochastic readings to understand short-term vs. long-term trends
- Use RSI to confirm whether market momentum is moderate
- Combine with other technical analysis tools, such as support/resistance, trendlines, or price action for context
⚠️ Risk Management
- This indicator is **educational** and does not guarantee profitable trades
- Always practice proper position sizing and risk control
- Test thoroughly in demo or paper trading environments before live application
🆓 Open & Free
- Fully open-source and free to use or modify for learning purposes
The Stochastic & RSI Oscillator with Signals is an educational trading tool that combines two Stochastic oscillators with an RSI filter, and highlights potential market conditions using visual signals. It provides a multi-layered view of short-term and long-term momentum, helping traders observe overbought and oversold areas with visual markers.
⚙️ Core Components
1. Dual Stochastic System
- Stochastic 1 (Fast): K=12, D=3, Slowing=20
- Stochastic 2 (Slow): K=100, D=8, Slowing=8
- Provides both short-term and longer-term momentum perspectives
2. RSI Filter
- 26-period RSI with adjustable upper (default 70) and lower (default 30) levels
- Highlights neutral, overbought, and oversold conditions
🎯 Signals & Visualization
- Buy Signal: Both Stochastic lines indicate oversold AND RSI is within the defined range
- Sell Signal: Both Stochastic lines indicate overbought AND RSI is within the defined range
- Signals are displayed as green (BUY) and red (SELL) triangles on the oscillator window
- Labels show current Stochastic and RSI values for each signal
- Alerts can be enabled to notify when conditions are met
- Background shading indicates potential overbought (red) or oversold (green) zones
- A table displays real-time indicator readings and signal status
💡 How to Use
- Observe signals as informational markers, not guaranteed entry points
- Compare fast vs. slow Stochastic readings to understand short-term vs. long-term trends
- Use RSI to confirm whether market momentum is moderate
- Combine with other technical analysis tools, such as support/resistance, trendlines, or price action for context
⚠️ Risk Management
- This indicator is **educational** and does not guarantee profitable trades
- Always practice proper position sizing and risk control
- Test thoroughly in demo or paper trading environments before live application
🆓 Open & Free
- Fully open-source and free to use or modify for learning purposes
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.