BB %b & RSI Indicator & Alert
Indicator for displaying both RSI and a normalized Bollinger Bands %b (Usual 0 - 1 range of BB normalized to the 30 - 70 OB/OS range of RSI) simultaneously.
Settable periods for RSI and BB, and settable standard deviation for BB.
When both Bollinger Bands %b and RSI are OB/OS then the column will turn blue and a buy/sell arrow will appear in the indicator provided other conditions pertaining to the OB/OS condition in one of the last two candles are also met.
You can also set an alert on the arrow indicator appearing.
I use this mainly for Cryptocurrencies, though it is usable in Forex, for shorter time periods to indicate possible trade opportunities.
Settable periods for RSI and BB, and settable standard deviation for BB.
When both Bollinger Bands %b and RSI are OB/OS then the column will turn blue and a buy/sell arrow will appear in the indicator provided other conditions pertaining to the OB/OS condition in one of the last two candles are also met.
You can also set an alert on the arrow indicator appearing.
I use this mainly for Cryptocurrencies, though it is usable in Forex, for shorter time periods to indicate possible trade opportunities.
Versionsinformation:
Small bugfix
Versionsinformation:
Small bugfix
Versionsinformation:
- Several enhancements and tweaks
- Added selectable combination alert or individual buy or sell alerts
- Moved buy and sell arrows to opposite sides to enhance visibility (often obscured by plot lines before)
- Added selectable combination alert or individual buy or sell alerts
- Moved buy and sell arrows to opposite sides to enhance visibility (often obscured by plot lines before)
Versionsinformation:
Fixed typo in alert.
Versionsinformation:
small fix
Versionsinformation:
Removed limitation for up/down arrows only on 60 minute charts or less. Added separate alerts for buy or sell. A few other small tweaks.
Versionsinformation:
Small tweaks.