Stochastic RSI
Posted: Sat Nov 24, 2018 5:31 pmThe indicator was introduced by by Tuschar Chande and Stanley Kroll in December, 1992 Stocks and Commodities' article and combines two indicators RSI and Stochastic.
Formula:
LR = Lowest RSI(PRICE, N) for K periods
HR = Highest RSI(PRICE, N) for K periods
FAST = MVA((RSI(PRICE, N)[now] - LR) / (HR - LR) * 100), SK)
SLOW = MVA(FAST, D)
Download:
Formula:
LR = Lowest RSI(PRICE, N) for K periods
HR = Highest RSI(PRICE, N) for K periods
FAST = MVA((RSI(PRICE, N)[now] - LR) / (HR - LR) * 100), SK)
SLOW = MVA(FAST, D)
Download:
StochasticRSI_JS.jsl- (3.74 KiB) Downloaded 465 times