OPEN-SOURCE SCRIPT
Oscillator OB/OS Bars
Choose between 3 different oscillators (RSI, MFI, and StochRSI) to show bars when the oscillator is oversold/overbought.
Green = oversold
Red = overbought
Orange = Bearish "Reversal"
Aqua = Bullish "Reversal"
I created this to help determine patterns with other stuff I'm building. Thought others may find it useful for the same purpose, not to trade based off of this.
Used those 3 oscillators cause their OB/OS levels are clear enough (though I put no effort into the stochrsi like I should've but welp)
enjoy zzzzzz
Green = oversold
Red = overbought
Orange = Bearish "Reversal"
Aqua = Bullish "Reversal"
I created this to help determine patterns with other stuff I'm building. Thought others may find it useful for the same purpose, not to trade based off of this.
Used those 3 oscillators cause their OB/OS levels are clear enough (though I put no effort into the stochrsi like I should've but welp)
enjoy zzzzzz
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.