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cesar9633

RSI, Stoch, DMI Stoch / By Mochero

cesar9633 Updated   
Relative Strength Index (RSI) Stochastic Oscillator Directional Movement Index (DMI) dmistochastic
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relativestrengthindex stochastic directionalmovement dmistochastic

With this indicator, we seek to find convergence of RSI, Stoch and DMI for purchases or sales.

Search Buy when,
-Rsi over sold
-Stoch over sold
-DMI Over sold

Search Sell when,
-Rsi oon purchased
-Stoch on purchased
-DMI on purchased

Suggested values
Rsi: 4
Stoch: 5.1.1
DMI: 10.3

Suggested time, 5M 15M
Release Notes:
-Second Stoch is added.

-3 types of signals are added, with RSI, Stoch, DMI. They indicate possible reversals or changes in trends.

Suggested values
-RSI 4
-Stoch 1 (5,1,1)
-Stoch 2 (14,1,1)
-DMI (10.3)
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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