OPEN-SOURCE SCRIPT
Nasdaq DowJones STOCH+RSI

Alternative & UPDATED version of my previous indicator for spread trading.
This indicator can work pretty well also with other indices or correlated assets such as nasdaq100 and dax40.
The spikes from one side of the channel or the orizzontal lines signal a possible entry signal for a spread trading strategy.
This indicator can work pretty well also with other indices or correlated assets such as nasdaq100 and dax40.
The spikes from one side of the channel or the orizzontal lines signal a possible entry signal for a spread trading strategy.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.