Zero Cross Buy/Sell — Indicator by umur.ozkul

Relative Strength Index (RSI) Stochastic RSI (STOCH RSI)

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

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 a publication is governed by House Rules. You can favorite it to use it 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.

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