OPEN-SOURCE SCRIPT
4 in 1 - MA, MACD, Stochastic and RSI
It consolidates four of the most popular technical analysis tools into a single script. It displays the Moving Averages on the main chart (Overlay) and stacks the MACD, Stochastic, and RSI into a single bottom panel using vertical offsets.
This script uses Vertical Offsets to prevent the lines from overlapping:
RSI lives at 0 - 100.
Stochastic lives at 120 - 220 (It adds +120 to the values).
MACD lives around 300 (It adds +300 to the values).
Note: Do not rely on the specific numbers on the far right Y-axis for the MACD or Stochastic, as they have been artificially shifted up. Rely on the visual crossovers and the relative position of the lines.
This script uses Vertical Offsets to prevent the lines from overlapping:
RSI lives at 0 - 100.
Stochastic lives at 120 - 220 (It adds +120 to the values).
MACD lives around 300 (It adds +300 to the values).
Note: Do not rely on the specific numbers on the far right Y-axis for the MACD or Stochastic, as they have been artificially shifted up. Rely on the visual crossovers and the relative position of the lines.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.