To compare each indicator's performance toggle between the various buy and sell methods while watching results in the Strategy Tester pane.
OSC = Oscillates between crossing the chosen Lo or Hi levels for either RSI or Stochastic/Stochastic RSI.
CROSS = When the Stochastic or Stochastic RSI k crosses d.
Outer gray band equals Stochastic/StochasticRSI range.
Inner gray band equals RSI range.
NOTICE: This script does not require access from me, simply open Indicators on chart and search for "RSI vs Stochastic vs Stochastic RSI". By accessing this script you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Phát hành các Ghi chú
⋅
Revision 2
Added all possible combinations.
Added numerals to list of methods.
Phát hành các Ghi chú
⋅
Revision 2 (typo above - should have been Revision 1 )
Added original Stochastic RSI indicator by Tushar S. Chande, in (1994) "The New Technical Trader" and "Stocks & Commodities V. 11:05: Stochastic RSI And Dynamic Momentum Index".
NOTE: The original Stochastic RSI indicator oscillates between 0 and 1. It's plot has been multiplied by 100 only for viewing at same scale as other indicators.
Added dedicated variables for each indicator.
Added plot colors for each indicator.
Added option to toggle fill colors.
Phát hành các Ghi chú
⋅
Revision 3
Added Auto Date Range. Renamed OSC method choices to CrossUp / CrossDn to more clearly denote direction. Updated to Pine v4.
@azizgokbas, per above description... NOTICE: This script does not require access from me, simply open Indicators on chart and search for "RSI vs Stochastic vs Stochastic RSI". By accessing this script you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
legalPie58799
⋅
Hi Alerts dont work please help me thanks
allanster
⋅
@legalPie58799, greetings and thanks for your interest. This strategy script predates TradingView adding the ability to perform alerts in these type of scripts. So this script was designed only for backtests and was never intended to be used with alerts or as a standalone strategy. It is meant only as an experiment to compare performance between a few popular oscillators and methods of using those oscillators.
UnknownUnicorn5847574
⋅
nice one
Phantom1412
⋅
Hi, when I tried to setup a buy and a sell alerts with it, I noticed there are no extra option to separate them, I can only bind this chart into a single alert with a mixture of buy and sell signals, can you make something like a secondary column in the alert page which give options to choose those options in the first page of the script (e.g when a sell signal triggered from this alert, do A, else another alert, when a buy signal triggered, do B)
allanster
⋅
@Phantom1412, this strategy script predates TradingView adding the ability to perform alerts in those type of scripts. I may update it at some point in time to include alerts, but it was designed only for backtests and was never intended to be used as a standalone strategy. It is meant only as a way to compare performance between a few popular oscillators.
Phantom1412
⋅
@allanster, Thanks for replying, I see, I saw your profile has many indicators, which show how good you are and I'm amazed, I guess you do have your concern and I totally understand, do you have any like any recommendation standalone strategy you mentioned that I can put it in my paper trading bots to try them out? I totally understand no indicator is perfect and all are based on market conditions but would love to try out a few nice ideas out there, great works BTW
allanster
⋅
@Phantom1412, thanks for the kind words. Currently the majority of my published works are free, but as a rule I do not give any trading advice or make any performance claims regarding any of my scripts.
can I get access to this script?