PROTECTED SOURCE SCRIPT
Updated SBuy (Beyond Candle)
The primary objective of utilizing the Stochastic indicator is to pinpoint potential 'Buy Zones' on a price chart, where an asset is typically considered oversold and poised for a potential recovery
Release Notes
we're adjusting the hourly condition. Instead of requiring the k_h12_req series to have specifically crossed below the 20 threshold within the last three 12-hour candles, the updated logic will now simply check if the value of k_h12_req has been less than 20 on any of those three candles, providing a broader capture of oversold conditions without the strict crossing requirement, thereby potentially offering more entry signals for your analysis.Release Notes
we're adjusting the hourly condition. Instead of requiring the k_h12_req series to have specifically crossed below the 20 threshold within the last three 12-hour candles, the updated logic will now simply check if the value of k_h12_req has been less than 20 on any of those three candles, providing a broader capture of oversold conditions without the strict crossing requirement, thereby potentially offering more entry signals for your analysisProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.