OPEN-SOURCE SCRIPT
stochastic + tsv
Stochastic, Stochastic RSI with TSV band indicator
This indicator uses 4 indicators to produce long/short entry signal. Buy/Sell signals are trigged only when every indicator points same direction.
Indicators and long/short condition for each indicator included in this script are as follows.
- EMA: long condition when close > ema 200, short for close < ema 200. Optional
- Stochastic: if stoch K touched oversold line, long condition would be activated until K crosses 50 line. From overbought to 50 for short condition.
- Stochastic RSI: Same with Stochastic
- TSV band: tsv > 0 for long, tsv < 0 for short.
This indicator uses 4 indicators to produce long/short entry signal. Buy/Sell signals are trigged only when every indicator points same direction.
Indicators and long/short condition for each indicator included in this script are as follows.
- EMA: long condition when close > ema 200, short for close < ema 200. Optional
- Stochastic: if stoch K touched oversold line, long condition would be activated until K crosses 50 line. From overbought to 50 for short condition.
- Stochastic RSI: Same with Stochastic
- TSV band: tsv > 0 for long, tsv < 0 for short.
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