OPEN-SOURCE SCRIPT
Stochastic+RSI
This script combines stochastic rsi and rsi with overbought and oversold bands for RSI to better vizualize potential pivot or reversals points.
It also scans for potential divergences and pivots marked by arrows on RSI and try to predict the next movements (not super accurate on price movement prediction but it is what it is)
It also scans for potential divergences and pivots marked by arrows on RSI and try to predict the next movements (not super accurate on price movement prediction but it is what it is)
Open-source script
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 publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.