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MC RSI + Stoch (multi-level bands)

14
This indicator combines RSI and Stochastic Oscillator into a single panel for easier market analysis. It is designed for traders who want both momentum context and precise timing, with multiple reference levels for better decision-making.

🔧 Features

RSI (Relative Strength Index) with adjustable length (default 14).

Stochastic Oscillator (default 18, 9, 5) with smoothing applied to %K.

Both oscillators plotted in the same scale (0–100) for clear comparison.

Custom horizontal levels:

10 & 90 (purple)

20 & 80 (teal)

30 & 70 (blue)

40 & 60 (gray)

50 midline (red) for balance point reference.

Optional shaded band between 20–80 for quick visualization of momentum extremes.

Toggle switches to show/hide RSI or Stochastic independently.

🎯 How to Use

RSI gives the overall momentum strength.

Stochastic provides faster entry/exit signals by showing short-term momentum shifts.

Use the multi-level bands to identify different market conditions:

10/90 = Extreme exhaustion zones.

20/80 = Overbought/oversold boundaries.

30/70 = Secondary confirmation levels.

40/60 = Neutral momentum bands.

50 = Midline equilibrium.
Phát hành các Ghi chú
This indicator combines RSI and Stochastic Oscillator into a single panel for easier market analysis. It is designed for traders who want both momentum context and precise timing, with multiple reference levels for better decision-making.

🔧 Features

RSI (Relative Strength Index) with adjustable length (default 14).

Stochastic Oscillator (default 18, 9, 5) with smoothing applied to %K.

Both oscillators plotted in the same scale (0–100) for clear comparison.

Custom horizontal levels:

10 & 90 (purple)

20 & 80 (teal)

30 & 70 (blue)

40 & 60 (gray)

50 midline (red) for balance point reference.

Optional shaded band between 20–80 for quick visualization of momentum extremes.

Toggle switches to show/hide RSI or Stochastic independently.

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.