OPEN-SOURCE SCRIPT
Updated

Stochastic Trend

15 959
Dear community,

I've made another simple trading bot for you to use. This bot is based on the Stochastic Oscillator. It only produces long trades currently.

I changed the oscillation period to a much longer one, which in turn creates opportunities to trade long term trends.
The bot goes long when the Entry lines is crossed from below and it will close its long position once the Exit line has been crossed from above.
Release Notes
Added alerts

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.