Visualize on your chart when price in an oversold or overbought zone. A combination of Rsi and Stochasticrsi is used for higher probability. Wait for an zone to be displayed and then wait for price to exit a zone. Once this happens check candlestick patterns and support/resistance "lines" to find appropiate stoplosses for you entry or exit
הערות שחרור:
Update :
Todo :
- Upgraded to use version 4 of Pinescript
Added and extra timeframe which will show in yellow on your chart : this way you can decide to enter exit if 1H overbought/oversold is also happening on the 4H timeframe. Idea is that this will lower your entry/exit risk.
Todo :
- Make the parent timeframe display optional
Be able to choose per timeframe which parent timeframe you would like to use