OPEN-SOURCE SCRIPT
Overbought RSI and Stoch MOD
This is a modification of the script by Elgrand (tradingview.com/script/8Bhhoexv-Elgrand-Overbought-Rsi-and-StochRsi-on-multiple-timeframes/). Using plotshape statement appears to produce a more precise outcome.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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