OPEN-SOURCE SCRIPT
已更新

RSI, STOCHASTIC, KELTNER AND EMA CROSSES COMBINED

14562
I have combined RSI and Stochastic but also added an keltner channel and then also two EMA's.

How the indicator works is the background turns green when the rsi and stochastic are below 20 and the keltner channel is below X and also your fast ema is below your slow ema and then vice versa for sell signals.

Feel free to leave a comment on what you think and what could be improved on it because i know their is some fine tuning to do and some improvement that can be made and I'm sure i'll be updating this myself.

All the variables are interchangable and the indicator has alert functionality.
版本注释
Added Engulfing Candles, Hammer and Shooting Star candles and doji candles that can be seen with the appropriate arrow.
版本注释
*wrong chart
版本注释
Added divergences to the script and also added alerts(didnt realise i didnt have in the first place). Minor changes i have also changed the colours of the different candlestick patterns for easier recognition and removed the stochastic from the overlay to clear it all up.

There will be more updates/improvements to come.

I hope you like it and if you have any suggestions please leave them in the comments

cheers
版本注释
*cleared up screenshot*
版本注释
In this small update i have added MA/EMA Envelope indicator into the combination since it synergises well with Keltner channels i have also changed the rsi band into two bands highlighting the area between 20-30 with a green band and also 70-80 with a red band but i have also removed the candlestick labels as they were often cluttering the chart(Just remove the forward slashes from the plotshape variables at the bottom of the script to bring them back).

I have also made the setting a lot easier to read and understand while also employing the ability to remove the different indicators from the combination.

I have left the settings as i use them which has mainly been lower timeframes and at the moment they are set on the 5 minute timeframe. The Envelope indicator has to be changed to suite yourself but also for the timeframe your using.

Since first publishing this script and slowly updating it, this indicator has been really good at finding reversals but i would not recommend trading the signals as soon as they pop up. Bullish and Bearish Divergence's will bring the price action further into overbought or oversold and can stop you out but i will update the script to accomodate for this in the future, so just be weary when the the buy and sell signals appear.

I hope you like my combination indicator.

Trade safe.

Cheers

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。