Superalgos - RSI and StochRSI

RSI and StochRSI

Summary: Price momentum oscillators to forecast market trends

The RSI and StochRSI Indicators

According to Investopedia the Stochastic RSI (StochRSI) is an indicator used in technical analysis that ranges between zero and one (or zero and 100 on some charting platforms) and is created by applying the Stochastic oscillator formula to a set of relative strength index (RSI) values rather than to standard price data. Using RSI values within the Stochastic formula gives traders an idea of whether the current RSI value is overbought or oversold.

The StochRSI oscillator was developed to take advantage of both momentum indicators in order to create a more sensitive indicator that is attuned to a specific security's historical performance rather than a generalized analysis of price change.

RSI and StochRSI Products & Properties

Product Variable	Properties
rsi	rsi, stochRSI

Example:

chart.at15min.rsi.stochRSI > chart.at15min.rsi.rsi

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1. Zeus By @9808us

2. Directional Movement Index (DMI) - Zeus Indicator

3. Donchian Channel - Zeus Indicator

4. Ichimoku Cloud - Zeus Indicator

5. Wave Trend - Zeus Indicator

6. Super Trend - Zeus Indicator

7. Squeeze Momentum

8. Aroon

9. RSI and StochRSI

10. Double Super Trend

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