1Copy the scriptPress Copy script above, or the copy button on the code below.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
89 lines of Pine Script v4 from Combined Stoch_RSI_MACD Long_Short.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
A bullish state occurs when Stochastic rises above 20 and stays below 80, RSI is above 50, and the MACD line is above its signal line. A bearish state triggers when Stochastic drops below 80, RSI falls below 50, and MACD drops below its signal line. Settings allow adjusting Stochastic parameters and MACD periods. It operates on the main chart with built-in alert conditions, though visual plots are commented out in the code.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
K
int
14
periodK
D
int
3
periodD
Smooth
int
3
smoothK
Fast Length
int
12
fast_length
Slow Length
int
26
slow_length
Source
source
close
srcMACD
Signal Smoothing
int
9
signal_length
Oscillator: 1 - SMA / 0 - EMA
bool
false
sma_source
Signal Line: 1 - SMA / 0 - EMA
bool
false
sma_signal
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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