Zamboniman

Bollinger Bands %b & RSI & Stochastic Smoothed Indicator & Alert

This indicator displays RSI , a normalized Bollinger Band &b (Usual 0 -1 range of BB normalized to the OBOS range of RSI ), and a normalized smoothed Stochastic (again, normalized to the OBOS of RSI ) simultaneously with a single indicator.

It also displays buy and sell signals based upon the above.

The stochastic can be turned on and off, and the sell signal calculation will be changed accordingly ( Stochastic not used to calculate buy signal).

All periods, OBOS levels, deviation, etc, are user adjustable. The buy and sell arrows can be optionally turned off.

The indicator supports alerts for the buy and sell signals.

This is a considerably rewritten, cleaned up, and updated version of my BB %b & RSI Indicator and Alert with many more features, and including a stochastic .

This indicator is mainly for use with Cryptocurrencies in shorter time periods to display possible trade opportunities. Can also be used with Forex.




Versionshinweise: Typos fixed
Versionshinweise: more typos fixed
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Kommentare

Can it be used with any types of interval?
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Hello, what is the interval?
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AntoFibo levith
@levith, I think it is 15 min candles
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does it repaint???
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I would love to use this combination indicator. However, when I tried to add the script to the chart, it showed multiple errors. I guess it's because there may have been some changes to the pine editor. Can you please update the script so that it can be run in today's pine editor?
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Dixonism Dixonism
I just noticed that I can successfully add your indicator through the Indicators & Strategies library. However, when I copied your script to the pine editor and tried to add the script to the chart, it showed multiple errors. I'm not sure why.
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Thanks you, Zamboniman.
Did you do a backtest for this indicator?
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Thank You soo much!

Do you by any chance have a video or further documentation on how to use this for Buy & Sell, I prefer not to use the alerts. Thanks
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Please be aware, sudden market drops in altcoins producing a 'buy' signal , like we saw this morning, are indeed great possible trade entry points. But I suggest in those cases to not wait for a corresponding sell signal, as the market for a given coin will often settle lower. Instead, look to sell at approximately half the drop for a tidy profit.

As always, don't take my thoughts as anything other than speculative ruminations and never invest more than you can lose.
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Thank you !! but it indicates for me only sell zones
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