Stochastic RSI+

2021년 2월 16일

Applies signal values to significant changes in momentum and can be used in conjunction with other indicators and analysis to improve trade timing.

Both "Signal Up" and "Signal Down" can be used for alerts.
The magnitude of the signal is the difference between K and D.
(See the code for the logic and implementation.)

Signal Up occurs when momentum is within the band and moving upward.
Signal Down occurs when momentum is within the band and moving downward.

Interpretation Note:
The Stochastic RSI is known for false signals, so it should never be used as a pure buy or sell signal. It is useful as a warning or to help with trade timing.
A good example of this is: If you are bullish on a stock, and the signal is negative (signal down), then it may be wise to not buy until the recent change in momentum has dissipated.

2021년 2월 27일

릴리즈 노트

• Improved code readability.
  
• Added K mode.
  
• Added 6 (phase) alert conditions.
  

2021년 3월 2일

릴리즈 노트

Improved alter text.

2021년 3월 8일

릴리즈 노트

Fixed bug in signalUp and signalDown logic affecting alerts.

2021년 3월 8일

릴리즈 노트

Improved sample chart.

2021년 8월 29일

릴리즈 노트

• Added option for VAWMA
  
• Improved input layout.
  

2023년 3월 2일

릴리즈 노트

Updated to PineScript v5 and fixed issues with signal bands.

2023년 3월 2일

릴리즈 노트

histbase doesn't work right if the upper boundary (ceiling) isn't defined.

2023년 3월 2일

릴리즈 노트

Added option to use MFI instead of RSI.