Hello everyone,
I am trying to write a piece of script to identify candlestick patterns for daily/intra week trade. As part of the script, I am planning to check the indicators as well. Can someone help me as which indicator to use for this? As of now, I have the following two indicators
1. rsi with over bought/sold levels at 70/30
2. stochastic with over bought/sold levels at 70/30
As of now I am checking for both of them with Boolean AND.
Can someone please help me with their experience here? I am looking out for suggestions like
1. any new indicator?
2. if I can use one of the rsi or stochastic alone
3. if I can use Boolean OR with rsi or stochastic
4. what time period to use to find out rsi or stochastic
5. And any other valuable inputs
thank you
nagarjuna
I am trying to write a piece of script to identify candlestick patterns for daily/intra week trade. As part of the script, I am planning to check the indicators as well. Can someone help me as which indicator to use for this? As of now, I have the following two indicators
1. rsi with over bought/sold levels at 70/30
2. stochastic with over bought/sold levels at 70/30
As of now I am checking for both of them with Boolean AND.
Can someone please help me with their experience here? I am looking out for suggestions like
1. any new indicator?
2. if I can use one of the rsi or stochastic alone
3. if I can use Boolean OR with rsi or stochastic
4. what time period to use to find out rsi or stochastic
5. And any other valuable inputs
thank you
nagarjuna