Binary option 1 minute

Стохастик RSI и RVI
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.


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Want to use this script on a chart?
study(title="Stochastic RSI", shorttitle="Stoch RSI", overlay = true)
Per = input(5, title="Length", minval=1)
smoothK = input(3, minval=1)
smoothD = input(3, minval=1)
lengthRSI = input(14, minval=1)
lengthStoch = input(14, minval=1)
src = input(close, title="RSI Source")

rsi1 = rsi(src, lengthRSI)
K = sma(stoch(rsi1, rsi1, rsi1, lengthStoch), smoothK)
D = sma(K, smoothD)

rvi = sum(swma(close-open), Per)/sum(swma(high-low),Per)
sig = swma(rvi)
//plot(rvi, color=green, title="RVI")
//plot(sig, color=red, title="Signal")

//plot(K,  title="K")
//plot(D,  title="D")
Dn = K <= D  and K > 70 and rvi <= sig  and rvi[1] >= sig[1]
Up= K >= D  and K < 30 and rvi >= sig  and rvi[1] <= sig[1]
ARROW =  Up - Dn
plotarrow(ARROW, title="Down Arrow",  colordown=red, transp=0, maxheight=10, minheight=10)
plotarrow(ARROW, title="Up Arrow", colorup=lime,  transp=0, maxheight=10, minheight=10)