OPEN-SOURCE SCRIPT
Updated Stochastic RSI+ Support/Resistance (beta)
This indicator uses Stochastic RSI+ as a means to determine overbought and oversold conditions which subsequently define recent support and resistance levels.
Release Notes
- Use full reversal as indication to raise / lower levels.
- Changed labels for plots.
Release Notes
- Allowed configuration of reversal levels.
- Added useful alerts.
Release Notes
Added filled area for the range.Release Notes
Fixed issue with alerts. Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.