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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.
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보호된 스크립트입니다
이 스크립트는 비공개 소스로 게시됩니다. 하지만 제한 없이 자유롭게 사용할 수 있습니다 — 여기에서 자세히 알아보기.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.