PROTECTED SOURCE SCRIPT
Stochastic Pullback Above/Below Previous Week High/Low
This script was designed to help swing traders identify pullbacks on trending markets by generating long and short opportunities as explained below:
LONG OPPORTUNITIES: Oversold conditions on Stochastic (14) as long as the oversold candles are located completely above the previous week high.
SHORT OPPORTUNITIES: Overbought conditions on Stochastic (14) as long as the overbought candles are located completely below the previous week low.
Preferable TF: H1
LONG OPPORTUNITIES: Oversold conditions on Stochastic (14) as long as the oversold candles are located completely above the previous week high.
SHORT OPPORTUNITIES: Overbought conditions on Stochastic (14) as long as the overbought candles are located completely below the previous week low.
Preferable TF: H1
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.