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Bollinger Bands Stochastic RSI Extreme Signal

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This is the finalized code released to the public that I created in a video linked here.

This indicators combines a Bollinger Band and Stochastic RSI to produce signals for possible price reversal. The signals are displayed by default as green arrows for bullish and red arrows for bearish.

To trigger a signal the indicator checks for the following:

(Bullish)
  • A candle closes above the upper Bollinger Band
  • The following candle closes within the upper Bollinger Band
  • The RSI Stochastic is below the set threshold (10 by default)


(Bearish)
  • A candle closes below the lower Bollinger Band
  • The following candle closes within the lower Bollinger Band
  • The RSI Stochastic is above the set threshold (90 by default)


הערות שחרור
Added alert functionality

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.