Here is a custom x4 timeframes Stochastic RSI screener to add on your charts.
Options
Repaint mode : if enabled: values are updated in live, if disabled: values are updated once the concerned candle is closed
Default parameters
Timeframes: 1, 5, 15, 60
Repaint mode: enabled
Notes Use the lowest timeframe configured on the screener to get real values A classic x3 multi-timeframe Stochastic RSI indicator is also available https://fr.tradingview.com/script/OwRzXzIb/
リリースノート
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This update includes the indicator and the screener I previously developed.
Updates:
The oscillator prints the fourth timeframe which have already been included in the screener
The screener is now including a warning field to show overbought/oversold signals convergence, which could indicate an incoming movement reversal (Warnings are calculated on the three lowest timeframes (the highest is ignored))
Warnings are calculated on the three lowest timeframes (the highest is ignored)
The screener can be disabled
Overbought and Oversold signals are now based on the average value between K and D lines
Up and Down triangles have been added to the oscillator to show OB/OS convergences
Visual improvements
Note: This is an indicator, not a complete and trustable strategy
Hope you'll enjoy it :)
リリースノート
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Updates
A column showing each timeframe's RSI value has been added to the screener
Floating values have been limited to only 2 digits after the comma
A second warning field concerning the three lowest timeframes' RSI have been added to show OB/OS convergences
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Update
New option to select which timeframe(s) must be taken into consideration for convergence signals (Selected timeframes can be distinguished in the screener, followed by a * char in the timeframes column).
If you plan to use the screener only and to move it on your main chart, you can now disable displays of stochastic rsi lines and zones. (thx to @EtCrt for the idea)
リリースノート
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Updates
A new color mode has been added. When enabled, it automatically apply the appropriate color from green to red (on the screener, and also on lines when the average mode is enabled). This is the new default color mode.
Thank you so much for sharing this, been looking for it!
Btw, how to make the info bar be on the upper part of the chart? since it occupy lots of space at the bottom
noop-noop
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@EtCrt, You're welcome, and thanks for your feedback :)
As far as I know, pinescript does not support data display on both panes at the same time (due to the overlay parameter)
A quick workaround would be to add 2x this indicator on your chart.
1/ On the first one (bottom indicator), you can disable the screener in options, in order to display stochRSI lines only.
2/ On the second (to get the screener on your main pane), just drag and crop the screener on your main pane. The last thing is to disable all lines drawings in this second indicator options.
It's a bit "McGyverish" and makes you waste an indicator slot, which is not really convenient, but it makes you able to get the bottom indicator without the screener, as well as displaying the screener without stochRSI lines on your main chart.
EtCrt
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@noop42, Thank you for the tips! Hope you will come out with more awesome indicators in the future! 👏
noop-noop
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@EtCrt, Script updated, I added a single checkbox option to disable drawings in the options menu ;)
Hello sir thank you for this indicator can you please in th alarm section the condition of Rsi above 80 for all time frames selected and stoch above 90 for all time frames selected thanks
SonicTheHedgeTrader
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Thank you very much!
MihirRathodd5
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@noop42, Hi, hope you might be doing great. Could you please share the exact buy / sell conditions ? since its difficult to understand for a layman like me to generate live trades from the same. Looking forward to your reply. Regards Mihir Rathod
meganxann18
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Any chance you can make this a colored MA on the chart? Having to "replay" to see past Bear of Bull trends. Would love to just see past momentums on the chart =)
Btw, how to make the info bar be on the upper part of the chart? since it occupy lots of space at the bottom