OPEN-SOURCE SCRIPT

Stoch RSI M5 / M30 / H1_Brando Valencia

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Indicator Description

This indicator displays the Stochastic RSI for 5-minute, 30-minute, and 1-hour timeframes simultaneously in one stable MTF panel — no lookahead, no repainting.

Red (5m) → entry timing

Green (30m) → short-term / intraday bias

Blue (1h) → higher-timeframe context & direction

The calculation matches the TradingView default Stoch RSI (%K) exactly:

RSI length: 14

Stochastic length: 14

Smoothing: 3

Levels

Above 80 → overbought

Below 20 → oversold

50 → trend filter / equilibrium

Purpose
This indicator is not a standalone entry trigger, but a context and timing tool:

1h & 30m define direction

5m provides precise entry windows

Ideal for scalping and day trading (e.g. EUR/USD during London & New York sessions).

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.