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Triple Oscillator Combo(RSI,StochRSI,MFI) Illuminated
This oscillator basically is three in one oscillator with every overbought/oversold condition on different levels being illuminated/highlighted in the oscillator background for ease of spotting potential trade opportunity .
Oscillators involved :-
1. RSI (Relative Strength Index)
2. StochRSI (Stocahstic Relative Strength Index)
3. MFI (Money Flow Index)
Tip :
a. While spotting bullish/bearish divergences, RSI is recommended more than MFI .
b. While spotting oversold/overbought conditions, MFI is recommended more than RSI (that is why MFI oversold/overbought conditions are
highlighted much brighter than that of RSI in the oscillator background).
c. Always use Stoch RSI with other indicators and never as a stand alone/independent (use Stoch RSI as grain of a salt) as it just helps you position
your entry exit better .
> You can always change configuration in setting/format as per your own requirement.
Oscillators involved :-
1. RSI (Relative Strength Index)
2. StochRSI (Stocahstic Relative Strength Index)
3. MFI (Money Flow Index)
Tip :
a. While spotting bullish/bearish divergences, RSI is recommended more than MFI .
b. While spotting oversold/overbought conditions, MFI is recommended more than RSI (that is why MFI oversold/overbought conditions are
highlighted much brighter than that of RSI in the oscillator background).
c. Always use Stoch RSI with other indicators and never as a stand alone/independent (use Stoch RSI as grain of a salt) as it just helps you position
your entry exit better .
> You can always change configuration in setting/format as per your own requirement.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.