[KBCUSTOM] Histogramified Stochastic RSI

2 thg 9, 2021

The public and regular stoch RSI does not come with a histogram which makes it hard to tell the magnitude of any cross. This version comes with one enabled by default and with includes buy and sell triggers on specified crosses.

Buy & Sell Options:

• KB Cross Factor: this is the minimum stochastic change between candles that needs to be exceeded in order to trigger a buy or sell signal. For instance, if the previous candle has a value of -20, and the next one has 10, then the factor should be 30 in order for it to trigger a signal.
  
• KB Cross Threshold: in order to minimize bad signals due to weak trend, you can set the minimum stochastic value any candle should have for an order signal to trigger. For instance, say the stochastic has a good cross factor (i.e. 30) and is met, and the stochastic has a value of 10 but your cross threshold is set at 20, then the signal will not trigger unless it is actually 20 or higher.
  

Let me know how it works.
Cheers.

2 thg 9, 2021

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