- StochRSI lines turns into red once the value is less than 2 or greater than 98 (oversold, overbought).
- histogram will appear orange if it is less than 30 or greater than 70.
- histogram will appear red if both rules above are valid.
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In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.