OPEN-SOURCE SCRIPT

RSI + Stoch RSI Arrows (AND / OR Toggle)

501
Get a BUY signal (green arrow) when Stoch RSI & RSI is low to enter trades at a discount.

Get a SELL signal (red arrow) when Stoch RSI & RSI is high to exit trades at a premium.

Fully adjustable.
- Can use Stoch RSI AND/OR RSI values for signals.
- Can adjust values for Stoch RSI and RSI conditions.
For example, high momentum stocks may require a higher RSI value to enter trades during pull backs.
- Can adjust for timeframes.
For example, lower timeframes are more volatile and appropriate for scalping and entries. Higher timeframes can be used for swing trading.

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