PROTECTED SOURCE SCRIPT

PyTai Top/Bottom Finder v0.1

26
When the average StochRSI line rises high (near or above 80), it often signals the asset's price is approaching the peak or end of an uptrend, as momentum becomes overextended across multiple timeframes—aligning with your view on run endings. Conversely, a low average (near or below 20) suggests exhaustion in a downtrend, hinting at potential bottoms. The cluster columns amplify this: wide green bars (high positive netScore) show broad oversold agreement for bullish reversals, while red bars indicate overbought consensus for bearish turns. However, StochRSI can remain extreme in strong trends, so combine with price action or volume to avoid false signals; backtest on your assets to refine thresholds, as shorter smoothing (e.g., 1-3) increases sensitivity but noise.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.