OPEN-SOURCE SCRIPT

Stochastic RSI Heat Candles Overlay

アップデート済

This script is based on the Stochastic RSI indicator.

Candles are dynamically colored with a customizable RGB shading directly generated from the average Stochastic RSI current value.
By default, colors represent the following status -> green is overgought & red is oversold.

Options:

Shading colors: Choose between Red/Green, Green/Blue, and Blue/Red shadings to represent the SRSI heat.
Invert colors: Switch colors of the selected shading.
Third color: Select a value from 0 to 255 for the third color which does not vary.
Transparency: Select the transparency value.
Overlay style : Choose to color the whole candle, or only borders and wick.
Show candle side: If you choose to fully fill candles with the SRSI heat color , enable this option to plot shapes representing the candles directions.
Candle marks colors: Select bull and bear colors for direction shapes.
Overbought and Oversold situations are also represented by colored shapes at the top of the chart.
Standards Stochastic RSI parameters.

Examples:

Notes:

Do not forget to bring the script to the front of your chart to avoid being covered by default candles.
Next improvements would probably be a better coloring algorithm, however, do not hesitate to suggest any modifications in comments.
Initially, I shared a Stochastic RSI Heat Bollinger Bands indicator which gave me the idea to develop this one, you can find it on my profile.

リリースノート

Useless lines removed

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