Combines classic RSI and StochRSI in one script, with heatmaps for oversold and overbought zones. Use it with the black template :)
K and D values from Stoch are merged in one line, changing colors according to the bearish or bullish crossovers between them Red to green -> Bullish crossover, consider an entry. Its signaled with a green cross Green to red -> Bearish crossover, consider getting out. Its signaled with a green cross
RSI is plotted with a thick gray line. Green lines indicate the oversold zone, consider an entry Red lines indicate the overbought zone, consider an exit
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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.