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RSI/StochRSI/EMA trend assist

- Trend determined by the crossover of the 4hr 13 and 26 EMA's (or whatever you set the Short and Mid term EMA to)
- Oversold conditions (Stoch RSI and RSI) are shown with a black candle
- Black candle and large green arrow below = Potential long WITH the trend
- Black candle and small green circle below = Potential long AGAINST the trend (used better as a warning to watch trade in case exit required.)
- Overbought Conditions (Stoch RSI and RSI) are shown with a yellow candle
- Yellow candle and large red arrow above = Potential shot WITH the trend
- Yellow candle with small red circle above = Potential short AGAINST the trend (used better as a warning to watch trade in case exit required.)
Best used to confirm your TA and provide additional confirmation on market conditions. (not as a standalone buy sell indicator)
I've found it useful for keeping my head right by showing me clearly the trend on the larger timeframes and keeping me out of the market until I see conditions that meet my entry criteria. Backtesting seems to show good results on the 1hr (default settings)
- Oversold conditions (Stoch RSI and RSI) are shown with a black candle
- Black candle and large green arrow below = Potential long WITH the trend
- Black candle and small green circle below = Potential long AGAINST the trend (used better as a warning to watch trade in case exit required.)
- Overbought Conditions (Stoch RSI and RSI) are shown with a yellow candle
- Yellow candle and large red arrow above = Potential shot WITH the trend
- Yellow candle with small red circle above = Potential short AGAINST the trend (used better as a warning to watch trade in case exit required.)
Best used to confirm your TA and provide additional confirmation on market conditions. (not as a standalone buy sell indicator)
I've found it useful for keeping my head right by showing me clearly the trend on the larger timeframes and keeping me out of the market until I see conditions that meet my entry criteria. Backtesting seems to show good results on the 1hr (default settings)
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受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用它,没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。