The 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)
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