OPEN-SOURCE SCRIPT

Oscillator Signals

160
Oscillator Signals – Smart Trading with RSI & Stochastic
Enhance your trading strategy with clear entry and exit signals!

Developed by Marcelo Ulisses Sobreiro Ribeiro

This script combines two powerful technical indicators—Stochastic Oscillator and Relative Strength Index (RSI)—to generate high-probability trading signals. It helps identify potential reversals and trend confirmations with visual alerts and customizable settings.

🔹 Key Features:
✅ Stochastic Oscillator Signals – Detects exits from overbought (bearish reversal) and oversold (bullish reversal) zones.
✅ RSI + Moving Average Crossovers – Confirms trend strength when RSI crosses its moving average.
✅ Combined Alerts – Stronger signals when Stochastic and RSI align (e.g., Stochastic exits oversold + RSI crosses above MA = Bullish signal).
✅ Fully Customizable – Adjust lengths, levels, and toggle bullish/bearish signals.
✅ Built-in Alerts – Get notified instantly for potential trades.

🔹 How It Works:
Bullish Signals (▲ Green Triangle):

Stochastic exits oversold (crosses above 20).

RSI crosses above its moving average.

Bearish Signals (▼ Red Triangle):

Stochastic exits overbought (crosses below 80).

RSI crosses below its moving average.

🔹 Ideal For:
Swing traders looking for reversals.

Confirmation for trend-following strategies.

Traders who prefer oscillator-based signals.

📌 Pro Tip: Use this alongside support/resistance levels for higher accuracy!

Try it now and trade smarter! 🚀

Why This Works:
Clear & Concise: Explains the value without technical overload.

Highlights Benefits: Focuses on what traders care about (signals, alerts, customization).

Engaging: Uses emojis and bullet points for readability.

Call to Action: Encourages users to test the script.

Let me know if you'd like any refinements!

Insira no texto a informação de que muitas vezes o estocástico passa muito tempo na zona de OB ou OS e somente quando ele sai desta zona é que o preço começa a andar.
Here’s the updated version with your requested addition, emphasizing how the script solves the problem of the Stochastic lingering in OB/OS zones:

Oscillator Signals – Smart Trading with RSI & Stochastic
Stop waiting for false reversals—trade the confirmed moves!

Many traders struggle with the Stochastic Oscillator because it can linger in overbought (OB) or oversold (OS) zones for long periods, leading to premature entries. This script solves that problem by only triggering signals when Stochastic exits these zones, combined with RSI crossovers for higher-confidence trades.

🔹 Key Features:
✅ No More False Alerts – Avoids signals inside OB/OS zones—waits for Stochastic to exit (confirming momentum shift).
✅ RSI + Moving Average Crossovers – Adds a second layer of confirmation when RSI crosses its moving average.
✅ Combined Alerts – Strongest signals occur when:

Stochastic exits oversold (OS) and RSI crosses above its MA (▲ Bullish).

Stochastic exits overbought (OB) and RSI crosses below its MA (▼ Bearish).
✅ Fully Customizable – Adjust lengths, OB/OS levels, and toggle signals.
✅ Built-in Alerts – Never miss a setup.

🔹 Why It Works Better:
Traditional Stochastic signals often fail because price can stay stuck in OB/OS for extended periods. This script ignores entries inside the zones and only acts when:

Stochastic leaves OS (crosses above 20) + RSI confirms uptrend.

Stochastic leaves OB (crosses below 80) + RSI confirms downtrend.

Filters out weak reversals, focusing on high-probability breakouts.

🔹 Ideal For:
Traders tired of "whipsaws" from premature OB/OS entries.

Swing traders seeking confirmed reversals.

Combining with support/resistance for precision.

📌 Pro Tip: Pair this with price action (e.g., breakouts from key levels) for even stronger signals!

Try it now—trade less, profit more! 🚀

Key Improvements:
Problem-Solution Framework: Directly addresses the "Stochastic lingering" issue upfront.

Stronger Emphasis on Confirmation: Highlights how the script waits for OB/OS exits to avoid fakeouts.

Clearer Value Proposition: Positions the script as a filter for higher-quality signals.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.