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Bollinger Bands Stochastic RSI Extreme Signal

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This is the finalized code released to the public that I created in a video linked here.

This indicators combines a Bollinger Band and Stochastic RSI to produce signals for possible price reversal. The signals are displayed by default as green arrows for bullish and red arrows for bearish.

To trigger a signal the indicator checks for the following:

(Bullish)
  • A candle closes above the upper Bollinger Band
  • The following candle closes within the upper Bollinger Band
  • The RSI Stochastic is below the set threshold (10 by default)


(Bearish)
  • A candle closes below the lower Bollinger Band
  • The following candle closes within the lower Bollinger Band
  • The RSI Stochastic is above the set threshold (90 by default)


版本注释
Added alert functionality

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