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PhysioGuy

G-Oscillator Strength v.1

PhysioGuy  
Oscillators Relative Strength Index (RSI) Stochastic Oscillator trend
128
6
oscillator relativestrengthindex stochastic trend
Hello this is my new indicator. Purpose of this indicator is to find the strength of the trend.

This indicator was developed by RSI(14) and Stochastic(50)

How to used

Red = RSI(14) & Sto(50) < 40

Lightblue = RSI(14) >= 50 and Sto(40) < 50

Darkblue = RSI(14) & Sto(40) >= 50

Green = Sto(40) >= 80

Yellow = RSI(14) < 50 and Sto(40) >= 50

Buy&Sell

Buy signal for this indicator is Lightblue to Darkblue

Sell signal is Green to Darkblue or Darkblue to Yellow
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

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.

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