Stoch, RSI, MACD bullish

[rajaodu1]

HI Script Guru's,

Can you please help to create a script with the logic as follows. Add

(1) Slow stochastic (%K) with 14 and 3 parameter.
(2) RSI
(3) MACD (12,26,9)

If Slow stochastic is above 50% AND RSI is above 50% and MACD is above signal then candle color turns to GREEN
If slow stochastic is below 50% AND RSI is below 50% and MACD is below signal then candle color turns to RED
If all 3 conditions do not meet, then the candle color turns to Yellow.

Thanks in advance for your help

 

[Svanoy]

plot RSI = reference RSI().RSI;
RSI.Hide();
plot SlowK = reference StochasticFull(80,20,14,3,high,low,close,3,AverageType.SIMPLE).FullK;
SlowK.Hide();
plot MACD = reference MACD(12,26,9,AverageType.EXPONENTIAL).Value;
MACD.Hide();

AssignPriceColor(if SlowK > 50 && RSI > 50 && MACD > 0 then Color.Green else if SlowK< 50 && RSI < 50 && MACD < 0 then Color.Red else Color.Yellow);

 

[rajaodu1]

Wow @Svanoy that was fast. Thank you very much. Let me check them

 

[Ajordan930]

Give this a try.

# === Candle Color + Arrows for Stoch/RSI/MACD Alignment ===

# === INPUTS ===
input colorCandles = yes;
input rsiLength = 14;
input stochKLength = 14;
input stochDLength = 3;
input stochSlowing = 3;
input macdFastLength = 12;
input macdSlowLength = 26;
input macdSignalLength = 9;
input arrowOffsetATRmult = 1.0;
input atrLength = 14;

# === INDICATORS ===

# RSI
def rsi = RSI(rsiLength);

# MACD
def macdValue = MACD(macdFastLength, macdSlowLength, macdSignalLength).Value;
def macdSignal = MACD(macdFastLength, macdSlowLength, macdSignalLength).Avg;

# Slow Stochastic %K
def fullK = StochasticFull(stochKLength, stochDLength, stochSlowing).FullK;

# ATR for offsetting arrows
def atr = Average(TrueRange(high, close, low), atrLength);

# === CONDITIONS ===
def isBullish = fullK > 50 and rsi > 50 and macdValue > macdSignal;
def isBearish = fullK < 50 and rsi < 50 and macdValue < macdSignal;

# === CANDLE COLORING ===
AssignPriceColor(
if !colorCandles then Color.CURRENT
else if isBullish then Color.GREEN
else if isBearish then Color.RED
else Color.YELLOW
);

# === ARROWS ===

plot bullishArrow = if isBullish then low - atr * arrowOffsetATRmult else Double.NaN;
bullishArrow.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
bullishArrow.SetDefaultColor(Color.GREEN);
bullishArrow.SetLineWeight(3);

plot bearishArrow = if isBearish then high + atr * arrowOffsetATRmult else Double.NaN;
bearishArrow.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
bearishArrow.SetDefaultColor(Color.RED);
bearishArrow.SetLineWeight(3);

 

[rajaodu1]

Thank you @Ajordan930 Its helpful.

 

[rajaodu1]

plot RSI = reference RSI().RSI;
RSI.Hide();
plot SlowK = reference StochasticFull(80,20,14,3,high,low,close,3,AverageType.SIMPLE).FullK;
SlowK.Hide();
plot MACD = reference MACD(12,26,9,AverageType.EXPONENTIAL).Value;
MACD.Hide();

AssignPriceColor(if SlowK > 50 && RSI > 50 && MACD > 0 then Color.Green else if SlowK< 50 && RSI < 50 && MACD < 0 then Color.Red else Color.Yellow);

Can you please help here.

1. Can you add MTF capability.
2. Can you add green vertical line for bull ( SlowK > 50 && RSI > 50 && MACD > 0 ) and red vertical lines for bear (SlowK > 50 && RSI > 50 && MACD > 0), giving me an option to limit number of lines to be shown.

Thanks in advance

 

[Ajordan930]

Can you please help here.

1. Can you add MTF capability.
2. Can you add green vertical line for bull ( SlowK > 50 && RSI > 50 && MACD > 0 ) and red vertical lines for bear (SlowK > 50 && RSI > 50 && MACD > 0), giving me an option to limit number of lines to be shown.

Thanks in advance

Try this. Not 100% sure if this is what you had in mind but to do a MTF option I am not sure that is possible. This allows HTF

# === Inputs ===
input useMTF = yes;
input higherTF = AggregationPeriod.HOUR;
input rsiLength = 14;
input slowKLength = 14;
input slowDLength = 3;
input macdFastLength = 12;
input macdSlowLength = 26;
input macdSignalLength = 9;
input maxLines = 10;
input showArrows = yes;
input showLabels = yes;

# === MTF Source Selection ===
def priceClose = if useMTF then close(period = higherTF) else close;
def priceHigh = if useMTF then high(period = higherTF) else high;
def priceLow = if useMTF then low(period = higherTF) else low;

# === RSI ===
def rsi = RSI(rsiLength, priceClose);

# === Stochastic FullK ===
def fullK = reference StochasticFull(
overbought = 80, oversold = 20,
KPeriod = slowKLength, DPeriod = slowDLength,
priceH = priceHigh, priceL = priceLow, priceC = priceClose,
slowingPeriod = slowDLength, averageType = AverageType.SIMPLE
).FullK;

# === Manual MACD Calculation ===
def macdFast = ExpAverage(priceClose, macdFastLength);
def macdSlow = ExpAverage(priceClose, macdSlowLength);
def macdValue = macdFast - macdSlow;

# === Signal Logic ===
def bull = fullK > 50 and rsi > 50 and macdValue > 0;
def bear = fullK < 50 and rsi < 50 and macdValue < 0;
def neutral = !bull and !bear;

# === Candle Coloring ===
AssignPriceColor(
if bull then Color.GREEN
else if bear then Color.RED
else Color.YELLOW
);

# === Vertical Line Drawing with Limit ===
def signal = bull or bear;
def barCounter = if signal then barCounter[1] + 1 else barCounter[1];
def lastN = HighestAll(barCounter);
def showLine = barCounter >= lastN - maxLines;

AddVerticalLine(bull and showLine, "BULL", Color.GREEN, Curve.SHORT_DASH);
AddVerticalLine(bear and showLine, "BEAR", Color.RED, Curve.SHORT_DASH);

# === Arrows (optional) ===
plot bullArrow = if showArrows and bull and showLine then low - TickSize() * 5 else Double.NaN;
bullArrow.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
bullArrow.SetDefaultColor(Color.GREEN);
bullArrow.SetLineWeight(2);

plot bearArrow = if showArrows and bear and showLine then high + TickSize() * 5 else Double.NaN;
bearArrow.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
bearArrow.SetDefaultColor(Color.RED);
bearArrow.SetLineWeight(2);

# === Summary Label ===
AddLabel(showLabels,
if bull then "Trend: BULLISH"
else if bear then "Trend: BEARISH"
else "Trend: NEUTRAL",
if bull then Color.GREEN else if bear then Color.RED else Color.GRAY
);

# === Alerts ===
Alert(bull, "BULLISH Condition Triggered", Alert.BAR, Sound.Chimes);
Alert(bear, "BEARISH Condition Triggered", Alert.BAR, Sound.Bell);

 

[rajaodu1]

@Ajordan930 I received a notification with your modified code. Copied them. The code was not working for MTF. So I removed and just added vertical lines. This is how it looks. It puts vertical line for every green/red candle (picture 1). Is it possible to add vertical line only when first green / red candle formed (I drew manually) . May be I dont need MTF for now. Thanks for your effort and helping me

 

[Ajordan930]

Can you please help here.

1. Can you add MTF capability.
2. Can you add green vertical line for bull ( SlowK > 50 && RSI > 50 && MACD > 0 ) and red vertical lines for bear (SlowK > 50 && RSI > 50 && MACD > 0), giving me an option to limit number of lines to be shown.

Thanks in advance

Might be worth looking at this one dashboard just added to the group

@Ajordan930 I received a notification with your modified code. Copied them. The code was not working for MTF. So I removed and just added vertical lines. This is how it looks. It puts vertical line for every green/red candle (picture 1). Is it possible to add vertical line only when first green / red candle formed (I drew manually) . May be I dont need MTF for now. Thanks for your effort and helping me

Ahh I will modify later today when I get back home. So basically the original code but vertical line 1st candle vs. arrows?

 

[rajaodu1]

I would like to go with vertical line. Because the line will be on the face (chart). Thank you

 

[Ajordan930]

I would like to go with vertical line. Because the line will be on the face (chart). Thank you

I am struggling to get the vertical line code to plot versus candles and I don't have a lot of experience with vertical lines. I will try to take a look at this again later this week.