This indicator plots trade entry and exit signals on the price chart by combining Bollinger Bands with optional filter conditions. It calculates standard Bollinger Bands along with RSI, Aroon, and moving average filters. Reversal signals trigger when price bre
Indicator · Pine Script v4 · On the chart
Señal Compra/Venta
This indicator plots buy and sell markers on the price chart using RSI and Bollinger Bands.
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code35
Settings7inputs
LicenceCC0-1.0
Last update2 years ago8 Jan 2024
Add It to Your TradingView Chart
- 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
35 lines of Pine Script v4 from señales.pine, published under CC0-1.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
study(title="Señal Compra/Venta", shorttitle="Señal Compra/Venta", overlay=true)
// Input del usuario
rsiSource = input(title="RSI Source", type=input.source, defval=close)
rsiLength = input(title="RSI Length", type=input.integer, defval=14)
rsiOverbought = input(title="RSI Overbought Level", type=input.integer, defval=70)
rsiOversold = input(title="RSI Oversold Level", type=input.integer, defval=30)
bbSource = input(title="BB Source", type=input.source, defval=close)
bbLength = input(title="BB Length", type=input.integer, defval=20)
bbMult = input(title="BB Mult", type=input.integer, defval=2)
// Obtener el RSI
rsiValue = rsi(rsiSource, rsiLength)
isRsiOB = rsiValue >= rsiOverbought
isRsiOS = rsiValue <= rsiOversold
// Obtener Bollinger Bands
[middle, upper, lower] = bb(bbSource, bbLength, bbMult)
isBBTop = upper <= close
isBBBottom = lower >= close
isSellSignal = isRsiOB and isBBTop
isBuySignal = isRsiOS and isBBBottom
// Dibujar las señales en el gráfico
plotshape(isSellSignal, title="SELL", location=location.abovebar, color=color.new(color.red, 0), style=shape.triangledown, size=size.tiny, text="SELL")
plotshape(isBuySignal, title="BUY", location=location.belowbar, color=color.new(color.green, 0), style=shape.triangleup, size=size.tiny, text="BUY")
p1 = plot(upper, title='Upper', color=#0091ff, linewidth=1)
p2 = plot(lower, title='Lower', color=#0091ff, linewidth=1)
p3 = plot(middle, title='Middle', color=#ff0000, linewidth=1)
// Enviar una alerta si esta vela cumple las condiciones.
alertcondition(isSellSignal or isBuySignal, title="Señal Activada!", message="Señal Compra/Venta activada para XXX")
Overview
A buy triangle appears when RSI is at or below the oversold level and the close is at or below the lower band. A sell triangle appears when RSI is at or above the overbought level and the close is at or above the upper band. Inputs set the RSI source, length and levels, plus the Bollinger source, length and multiplier. It also draws the three bands and fires an alert when either signal is true. It does not manage exits or position size.
- RSI overbought and oversold thresholds
- Bollinger upper, middle and lower plots
- Buy and sell triangle markers
- Alert when either signal is true
- Configurable RSI and Bollinger inputs
Details
Published by
LucasNatoli on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Oscillators & momentum, Volatility & bands, Mean reversion
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI Source | source | close | rsiSource |
| RSI Length | int | 14 | rsiLength |
| RSI Overbought Level | int | 70 | rsiOverbought |
| RSI Oversold Level | int | 30 | rsiOversold |
| BB Source | source | close | bbSource |
| BB Length | int | 20 | bbLength |
| BB Mult | int | 2 | bbMult |
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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