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Stochastic RSI
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=66996
Forum: 48 · Topic 66996 · 1 post(s)
Stochastic RSI
Alexander.Gettinger · Sat Nov 24, 2018 5:31 pm
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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