This indicator marks the area where the overbought/oversold section of the Stochastic RSI and the overbought/oversold section of the RSI overlap with arrows.
If an upward arrow appears on the indicator, it can be recognized that both StoRSI and RSI have entered the oversold zone.
When a down arrow appears, both the StoRSI and RSI can be considered to have entered...
Hello Traders!
This simple but yet efficient indicator view presents the STORSI with the following benefits:
1. the STORSI lines are plotted in a Histogram format, which allows you a totally new experience view and that is very helpful;
2. an upward and downward arrow is plotted to identify the indicator crossover/crossunder, with ON/OFF checkbox;
3. colored...