Sto2 Stochastic RSI for Bitcoin — Strategy by bennef

Stochastic RSI based oscillator with a Rate of Change function added to avoid sideways movements.

Designed around BTC/USD but may be useful elsewhere.

INSTRUCTIONS
Green = go long
Red = go short
White = No trade zone (sideways with not much volatility)

Release Notes:

Small code changes

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

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