OPEN-SOURCE SCRIPT
Güncellendi RSI+Stoch Band Oscillator

📈 RSI + Stochastic Band Oscillator
Overview:
The RSI + Stochastic Band Oscillator is a technical indicator that combines the strengths of both the Relative Strength Index (RSI) and the Stochastic Oscillator. Instead of using static thresholds, this indicator dynamically constructs upper and lower bands based on the RSI and Stochastic overbought/oversold zones. It then measures the relative position of the current price within this adaptive range, effectively producing a normalized oscillator.
Key Components:
RSI-Based Dynamic Bands:
Using RSI values and exponential moving averages of price changes, upper and lower dynamic bands are constructed.
These bands adjust based on overbought and oversold levels, offering a more responsive framework than fixed RSI thresholds.
Stochastic-Based Dynamic Bands:
Similarly, Stochastic %K and %D values are used to construct dynamic bands.
These adapt to overbought and oversold levels by recalculating potential high/low values within the lookback window.
Oscillator Calculation:
The oscillator (osc) is computed as the relative position of the current close within the combined upper and lower bands of both RSI and Stochastic.
This value is normalized between 0 and 100, allowing clear identification of extreme conditions.
Visual Features:
The oscillator is plotted as a line between 0 and 100.
Color-filled areas highlight when the oscillator enters extreme zones:
Above 100 with falling momentum: Red zone (potential reversal).
Below 0 with rising momentum: Green zone (potential reversal).
Additional trend conditions (falling/rising RSI, %K, and %D) are used to strengthen reversal signals by confirming momentum shifts.
Overview:
The RSI + Stochastic Band Oscillator is a technical indicator that combines the strengths of both the Relative Strength Index (RSI) and the Stochastic Oscillator. Instead of using static thresholds, this indicator dynamically constructs upper and lower bands based on the RSI and Stochastic overbought/oversold zones. It then measures the relative position of the current price within this adaptive range, effectively producing a normalized oscillator.
Key Components:
RSI-Based Dynamic Bands:
Using RSI values and exponential moving averages of price changes, upper and lower dynamic bands are constructed.
These bands adjust based on overbought and oversold levels, offering a more responsive framework than fixed RSI thresholds.
Stochastic-Based Dynamic Bands:
Similarly, Stochastic %K and %D values are used to construct dynamic bands.
These adapt to overbought and oversold levels by recalculating potential high/low values within the lookback window.
Oscillator Calculation:
The oscillator (osc) is computed as the relative position of the current close within the combined upper and lower bands of both RSI and Stochastic.
This value is normalized between 0 and 100, allowing clear identification of extreme conditions.
Visual Features:
The oscillator is plotted as a line between 0 and 100.
Color-filled areas highlight when the oscillator enters extreme zones:
Above 100 with falling momentum: Red zone (potential reversal).
Below 0 with rising momentum: Green zone (potential reversal).
Additional trend conditions (falling/rising RSI, %K, and %D) are used to strengthen reversal signals by confirming momentum shifts.
Sürüm Notları
Added Beacon Filter.If you feel that the beacons are too inaccurate, consider turning on the 'Stochastic Filter'.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının oluşturucusu bunu açık kaynaklı hale getirmiştir, böylece yatırımcılar betiğin işlevselliğini inceleyip doğrulayabilir. Yazara saygı! Ücretsiz olarak kullanabilirsiniz, ancak kodu yeniden yayınlamanın Site Kurallarımıza tabi olduğunu unutmayın.
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.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının oluşturucusu bunu açık kaynaklı hale getirmiştir, böylece yatırımcılar betiğin işlevselliğini inceleyip doğrulayabilir. Yazara saygı! Ücretsiz olarak kullanabilirsiniz, ancak kodu yeniden yayınlamanın Site Kurallarımıza tabi olduğunu unutmayın.
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.