Re: Finding the Stochastic of the Relative Strength

[Craig DeHaan <cdehaan@xxxxxxxxxxxx>]

Larry,  Here's a configurable formula for the StochRSI oscillator to
quickly find what time periods/method you prefer to work with.



mp1:=Input("RSI Periods",1,377,13);

mp2:=Input("Stochastic Periods",1,377,13);

mp3:=Input("Smoothing Periods",1,377,8);

mat:=Input("MA Type: S, E, W",1,3,2); {1=S,2=E,3=W}



If(mat=1,

Mov((RSI(mp1)-LLV(RSI(mp1),mp2))/(.0000001+HHV(RSI(mp1),mp2)-LLV(RSI(mp1),mp2)),mp3,S)*100,



If(mat=2,

Mov((RSI(mp1)-LLV(RSI(mp1),mp2))/(.0000001+HHV(RSI(mp1),mp2)-LLV(RSI(mp1),mp2)),mp3,E)*100,



If(mat=3,

Mov((RSI(mp1)-LLV(RSI(mp1),mp2))/(.0000001+HHV(RSI(mp1),mp2)-LLV(RSI(mp1),mp2)),mp3,W)*100,0)))



Craig



L Petersen wrote:
> 
> Good Sunday morning...
> 
> I am trying to find the stochastic of the relative strength.  Doing so
> is apparently not as easy as dropping the stochastic onto the chart of
> the relative strength, or using the Indicators Dialog.  Any help will be
> appreciated.
> 
> I am working with ver. 6.51, and 3 to 5 minute charts.  Jake Bernstein
> (The Compleat Day Trader) suggests that the stochastic of the relative
> strength is a good smoothing indicator of day trade buy and sell points.
> 
> [Image]
> I hope that this is possible
> 
> Larry