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Stochastic & RSI Oscillator with Signals (Custom by TitikSona)
📊 Overview
The Stochastic & RSI Oscillator with Signals is an educational trading tool that combines two Stochastic oscillators with an RSI filter, and highlights potential market conditions using visual signals. It provides a multi-layered view of short-term and long-term momentum, helping traders observe overbought and oversold areas with visual markers.
⚙️ Core Components
1. Dual Stochastic System
- Stochastic 1 (Fast): K=12, D=3, Slowing=20
- Stochastic 2 (Slow): K=100, D=8, Slowing=8
- Provides both short-term and longer-term momentum perspectives
2. RSI Filter
- 26-period RSI with adjustable upper (default 70) and lower (default 30) levels
- Highlights neutral, overbought, and oversold conditions
🎯 Signals & Visualization
- Buy Signal: Both Stochastic lines indicate oversold AND RSI is within the defined range
- Sell Signal: Both Stochastic lines indicate overbought AND RSI is within the defined range
- Signals are displayed as green (BUY) and red (SELL) triangles on the oscillator window
- Labels show current Stochastic and RSI values for each signal
- Alerts can be enabled to notify when conditions are met
- Background shading indicates potential overbought (red) or oversold (green) zones
- A table displays real-time indicator readings and signal status
💡 How to Use
- Observe signals as informational markers, not guaranteed entry points
- Compare fast vs. slow Stochastic readings to understand short-term vs. long-term trends
- Use RSI to confirm whether market momentum is moderate
- Combine with other technical analysis tools, such as support/resistance, trendlines, or price action for context
⚠️ Risk Management
- This indicator is **educational** and does not guarantee profitable trades
- Always practice proper position sizing and risk control
- Test thoroughly in demo or paper trading environments before live application
🆓 Open & Free
- Fully open-source and free to use or modify for learning purposes
The Stochastic & RSI Oscillator with Signals is an educational trading tool that combines two Stochastic oscillators with an RSI filter, and highlights potential market conditions using visual signals. It provides a multi-layered view of short-term and long-term momentum, helping traders observe overbought and oversold areas with visual markers.
⚙️ Core Components
1. Dual Stochastic System
- Stochastic 1 (Fast): K=12, D=3, Slowing=20
- Stochastic 2 (Slow): K=100, D=8, Slowing=8
- Provides both short-term and longer-term momentum perspectives
2. RSI Filter
- 26-period RSI with adjustable upper (default 70) and lower (default 30) levels
- Highlights neutral, overbought, and oversold conditions
🎯 Signals & Visualization
- Buy Signal: Both Stochastic lines indicate oversold AND RSI is within the defined range
- Sell Signal: Both Stochastic lines indicate overbought AND RSI is within the defined range
- Signals are displayed as green (BUY) and red (SELL) triangles on the oscillator window
- Labels show current Stochastic and RSI values for each signal
- Alerts can be enabled to notify when conditions are met
- Background shading indicates potential overbought (red) or oversold (green) zones
- A table displays real-time indicator readings and signal status
💡 How to Use
- Observe signals as informational markers, not guaranteed entry points
- Compare fast vs. slow Stochastic readings to understand short-term vs. long-term trends
- Use RSI to confirm whether market momentum is moderate
- Combine with other technical analysis tools, such as support/resistance, trendlines, or price action for context
⚠️ Risk Management
- This indicator is **educational** and does not guarantee profitable trades
- Always practice proper position sizing and risk control
- Test thoroughly in demo or paper trading environments before live application
🆓 Open & Free
- Fully open-source and free to use or modify for learning purposes
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.