OPEN-SOURCE SCRIPT
Updated Zero Cross Buy/Sell
This is an oscillator.
Buy on zero cross from below.
Sell on zero cross from above.
It prevents risky buys when price is too high and too low. It is capable of recognizing long bear runs to prevent you prom buying
Best used with Bollinger Bands.
Based on RSI and Stochastic RSI
Buy on zero cross from below.
Sell on zero cross from above.
It prevents risky buys when price is too high and too low. It is capable of recognizing long bear runs to prevent you prom buying
Best used with Bollinger Bands.
Based on RSI and Stochastic RSI
Release Notes
Tidied up source code so that it can easily be used in a strategy as a function.Changed color defaults so that the main trend D is more visible
Release Notes
Added short title
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 publications is governed by House rules. You can favorite it to use it on a chart.
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