Stochastic Direction Strategy

This is a simple strategy based on the Stochastic Oscillator: stockcharts com/school/doku.php?id=chart_school:technical_indicators:stochastic_oscillator_fast_slow_and_full

Its purpose is to gradually build a position in a trending market (as of June 26th 2016 in most cryptocurrencies).

- direction (long/short)
- overbought/oversold
- close positions (yes/no to only increase positions)

- buy/sell/close signals plotted on a chart below

This script can easily be used as a TradingView study (for alerts) and a strategy (for backtesting). See the comments in the code.

I have added additional alert conditions to be used easily together with a trading bot reading the signals: wolfbot org /strategies/tradingview-signal-strategy/
Yet obviously you can also do manual trading on each alert.

Full time & full stack developer - professional trader https://wolfbot.org

✅ 💹 Automate your Crypto TradingView Signals ✅ 💹 https://wolfbot.org/strategies/tradingview-signal-strategy/
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Script de código aberto

Dentro do verdadeiro espírito TradingView, o autor deste script publicou ele como um script de código aberto, para que os traders possam compreender e checar ele. Um viva ao autor! Você pode usá-lo gratuitamente, mas a reutilização deste código em uma publicação é regida pelas Regras da Casa. You can favorite it to use it on a chart.

Quer usar esse script no gráfico?