OPEN-SOURCE SCRIPT

G-Oscillator Strength v.1

2 535
Hello this is my new indicator. Purpose of this indicator is to find the strength of the trend.

This indicator was developed by RSI(14) and Stochastic(50)

How to used

Red = RSI(14) & Sto(50) < 40 [ Strong bear ]

Lightblue = RSI(14) >= 50 and Sto(40) < 50 [weak bull]

Darkblue = RSI(14) & Sto(40) >= 50 [Strong bull]

Green = Sto(40) >= 80 [Exterme bull]

Yellow = RSI(14) < 50 and Sto(40) >= 50

Buy&Sell

Buy signal for this indicator is Lightblue to Darkblue

Sell signal is Green to Darkblue or Darkblue to Yellow

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.