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Stochastic RSI - Shagal by Rakesh Sahgal
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Would someone be kind enough to send me the formula for the StoRSI oscillator?

Thanks in advance.

Tom Alexander


Here you go Pete


Stochastic RSI - Shagal

Periods:= Input("Enter number of periods for RSI", 1, 20, 16);
stochp:= Input("Enter number of periods for the Stochastic", 1, 20, 8);
slowp:= Input("Enter number of slowing periods for the Stochastic", 1, 20, 2);

(Sum(RSI(periods) - LLV(RSI(periods),stochp), slowp ) /
Sum(HHV(RSI(periods),stochp) - LLV(RSI(periods),stochp), slowp) ) * 100

 

Source / From: TOP
http://purebytes.com/archives/metastock/

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