Cycle Low (RSI + StochRSI) – v5 John.K

Cycle Low (RSI + StochRSI) – v5 John.K
This tool is designed to detect potential cycle lows by combining RSI and Stochastic RSI oversold signals.

RSI Oversold + Cross → confirms momentum exhaustion

StochRSI Cross from Oversold → confirms short-term cycle turn

Score System (0–4) → evaluates confluence strength

Strict Mode → requires both RSI and StochRSI to be oversold for A+ signals

One-Bar Tolerance → allows RSI & StochRSI to cross within 1 bar

Anchor Option → optional reference level for cycle projection

Signals are plotted directly on the candles as green triangles (CL) when conditions are met.
Adjust thresholds (RSI, Stoch, Score) to control signal frequency.