Pierre-StochRSI-K3-D3-RSI9-Stoch14-lightBackground.txt

//@version=5
// Pierre use RSI length 9 instead of the default 14
// Note setting thresholds at 85 and 15 for more stringinet resetting criteria
indicator(title="Stoch-RSI", shorttitle="Stoch-RSI", format=format.price, precision=2, timeframe="", timeframe_gaps=true)
smoothK = input.int(3, "K", minval=1)
smoothD = input.int(3, "D", minval=1)
//lengthRSI = input.int(14, "RSI Length", minval=1)
lengthRSI = input.int(9, "RSI Length", minval=1)
lengthStoch = input.int(14, "Stochastic Length", minval=1)
src = input(close, title="RSI Source")
rsi1 = ta.rsi(src, lengthRSI)
k = ta.sma(ta.stoch(rsi1, rsi1, rsi1, lengthStoch), smoothK)
d = ta.sma(k, smoothD)
//plot(k, "K", color=#696969)
//plot(d, "D", color=#C0C0C0)
plot(k, "", color=color.black)
plot(d, "", color=color.silver)
//h0 = hline(80, "Upper Band", color=color.gray)
//h1 = hline(20, "Lower Band", color=color.gray)
h0 = hline(90, "Upper Band", color=color.gray)
h1 = hline(10, "Lower Band", color=color.gray)
//h50 = hline(50, "Lower Band", color=color.gray)
//fill(h0, h1, color=color.rgb(33, 150, 243, 90), title="Background")