Indicator for getting StochRSI reading while looking at RSI.
White background plots RSI lows and highs over lookback period. (14 is the default)
Both lines are smoothed like original RSI.
Standard RSI already stylized
Standard Overbought and Oversold line stylized + middle line
Moving Average, can set length and exponential or simple
MA can be colored based on direction
MA has crosses when yellow, likely soon before a reversal
MACD rendered as candles to make it easier on the eyes. Candles are hollow when the MACD line moves opposite direction of the trend, which can signal a weakening trend.
Credit to @lukescream for the original code that I modified to make the multi RSI dynamic. 4 timeframes plus live time frame RSI can be plotted together to visualize areas of confluence.
www.tradingview.com
Strong buy above 0.5
Buy above 0
I am missing a couple indicators but the rating seems to be working for the most part.
MTF function is in works.
etc...
This mimics the performance of the strategy created by Vdub FX Sniper, the user should buy when it marks green and sell when it marks yellow, however i can't get to the alert system trigger effectively, any ideas?
![XBTUSD.P: MACD [Moving Average Convergence/Divergence]](https://s3.tradingview.com/b/byjz336q_mid.png "MACD [Moving Average Convergence/Divergence]")
