OPEN-SOURCE SCRIPT

Stoch RSI Buy/Sell Signals with Alerts

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This color code helps a novice know when to buy and when to sell

What Each Section Does
Header: //version=5 tells TradingView which Pine Script version to use.

Indicator setup: indicator("Stoch RSI Buy/Sell Signals with Alerts", overlay=false) names your script and sets it to plot in a separate panel.

Inputs: Adjustable parameters for RSI length, Stoch length, and smoothing. You can tweak these in the settings panel.

Calculations: Builds RSI, then Stoch RSI, then smooths into %K and %D lines.

Signals: Defines buy (green) and sell (red) conditions based on crossovers and thresholds.

Color logic: Dynamically changes the %K line color (green/red/gray).

Plots: Draws %K (colored) and %D (blue) lines.

Background shading: Adds light green/red shading when signals fire for easy visual scanning.

Alerts: Pops up TradingView alerts when buy/sell conditions trigger, so you don’t miss them.

✅ Publishing Notes
Paste this into a new blank Pine Script editor starting at line 1.

Save and add it to your chart.

You’ll see the %K line flip colors, background shading, and alerts firing when conditions are met.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.