OPEN-SOURCE SCRIPT

Stochastic Trend

By FieryTrading
Updated
Dear community,

I've made another simple trading bot for you to use. This bot is based on the Stochastic Oscillator. It only produces long trades currently.

I changed the oscillation period to a much longer one, which in turn creates opportunities to trade long term trends.
The bot goes long when the Entry lines is crossed from below and it will close its long position once the Exit line has been crossed from above.
Release Notes
Added alerts
algotradingBitcoin (Cryptocurrency)botBTCCentered OscillatorscryptoOscillatorsRelative Strength Index (RSI)Trend Analysis
FieryTrading
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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.

Want to use this script on a chart?

Disclaimer