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RSI + Stochastic (Custom by TitikSona)

📊 Overview
The RSI + Stochastic Combo is a powerful and clean oscillator that combines two of the most popular momentum indicators - RSI and Stochastic - into a single, easy-to-read window. Designed for traders who want multiple confirmations in one view, this indicator helps identify overbought and oversold conditions with precision.
⚙️ Indicator Components
RSI (Relative Strength Index)
Period: 11 (customizable)
Color: Solid Blue line
Levels: 30 (oversold), 50 (midline), 70 (overbought)
Stochastic Oscillator
%K Period: 100
%D Period: 8
Slowing: 8
Colors: Solid White (%K), Light White (%D)
Levels: 20 (oversold), 80 (overbought)
🎯 Trading Signals
Overbought Conditions:
🔴 RSI above 70 AND Stochastic %K above 80
Red background highlight
Alert notification available
Oversold Conditions:
🟢 RSI below 30 AND Stochastic %K below 20
Green background highlight
Alert notification available
📊 Visual Features
Clear Color Scheme:
Blue: RSI line
White: Stochastic %K and %D lines
Red Dotted: Overbought levels (70 RSI, 80 Stochastic)
Green Dotted: Oversold levels (30 RSI, 20 Stochastic)
Gray Dotted: Midline (50)
Background Highlights:
Red Zone: When either RSI > 70 or Stochastic > 80
Green Zone: When either RSI < 30 or Stochastic < 20
💪 Key Benefits
Dual Confirmation - RSI and Stochastic work together for higher accuracy
Clean Visualization - No clutter, easy to interpret
Customizable Parameters - Adjust all settings to your preference
Automatic Alerts - Get notified when both indicators align
Multi-Timeframe Compatible - Works on all timeframes
🚀 How to Use
For Buy Opportunities:
Look for green background zones
Wait for both RSI < 30 and Stochastic < 20
Consider entering when both indicators start turning up
For Sell Opportunities:
Look for red background zones
Wait for both RSI > 70 and Stochastic > 80
Consider entering when both indicators start turning down
⚡ Pro Tips
Confluence Trading: Use zones where both indicators signal simultaneously
Divergence Detection: Watch for price making new highs/lows while indicators don't confirm
Trend Confirmation: Use in conjunction with trend analysis for better results
Timeframe Analysis: Apply same settings across multiple timeframes for confirmation
🛠 Customization Options
All parameters are adjustable:
RSI length and source
Stochastic periods and slowing
Colors and line styles
Alert conditions
🎯 Ideal For
Swing Traders - Identifying reversal points
Day Traders - Finding intraday extremes
Position Traders - Timing entries and exits
All Market Types - Stocks, Forex, Crypto, Commodities
⭐ If this indicator helps your trading, please give it a like and follow for more tools!
🔔 Enable alerts to never miss trading opportunities when both indicators align!
The RSI + Stochastic Combo is a powerful and clean oscillator that combines two of the most popular momentum indicators - RSI and Stochastic - into a single, easy-to-read window. Designed for traders who want multiple confirmations in one view, this indicator helps identify overbought and oversold conditions with precision.
⚙️ Indicator Components
RSI (Relative Strength Index)
Period: 11 (customizable)
Color: Solid Blue line
Levels: 30 (oversold), 50 (midline), 70 (overbought)
Stochastic Oscillator
%K Period: 100
%D Period: 8
Slowing: 8
Colors: Solid White (%K), Light White (%D)
Levels: 20 (oversold), 80 (overbought)
🎯 Trading Signals
Overbought Conditions:
🔴 RSI above 70 AND Stochastic %K above 80
Red background highlight
Alert notification available
Oversold Conditions:
🟢 RSI below 30 AND Stochastic %K below 20
Green background highlight
Alert notification available
📊 Visual Features
Clear Color Scheme:
Blue: RSI line
White: Stochastic %K and %D lines
Red Dotted: Overbought levels (70 RSI, 80 Stochastic)
Green Dotted: Oversold levels (30 RSI, 20 Stochastic)
Gray Dotted: Midline (50)
Background Highlights:
Red Zone: When either RSI > 70 or Stochastic > 80
Green Zone: When either RSI < 30 or Stochastic < 20
💪 Key Benefits
Dual Confirmation - RSI and Stochastic work together for higher accuracy
Clean Visualization - No clutter, easy to interpret
Customizable Parameters - Adjust all settings to your preference
Automatic Alerts - Get notified when both indicators align
Multi-Timeframe Compatible - Works on all timeframes
🚀 How to Use
For Buy Opportunities:
Look for green background zones
Wait for both RSI < 30 and Stochastic < 20
Consider entering when both indicators start turning up
For Sell Opportunities:
Look for red background zones
Wait for both RSI > 70 and Stochastic > 80
Consider entering when both indicators start turning down
⚡ Pro Tips
Confluence Trading: Use zones where both indicators signal simultaneously
Divergence Detection: Watch for price making new highs/lows while indicators don't confirm
Trend Confirmation: Use in conjunction with trend analysis for better results
Timeframe Analysis: Apply same settings across multiple timeframes for confirmation
🛠 Customization Options
All parameters are adjustable:
RSI length and source
Stochastic periods and slowing
Colors and line styles
Alert conditions
🎯 Ideal For
Swing Traders - Identifying reversal points
Day Traders - Finding intraday extremes
Position Traders - Timing entries and exits
All Market Types - Stocks, Forex, Crypto, Commodities
⭐ If this indicator helps your trading, please give it a like and follow for more tools!
🔔 Enable alerts to never miss trading opportunities when both indicators align!
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TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です!無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です!無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。