Custom Formula Collection
Stochastic Relative Strength Index
In his book The New Technical Trader, Tushar Chande defines the Stochastic RSI as:
StochRSI = (RSI - RSIL)/(RSIH -RSIL)
where RSIL and RSIH are the lowest and highest values of the RSI over a given period.
In his book he uses 14 periods. The MetaStockTM formula for the Stochastic RSI is:
((RSI(14) - LLV(RSI(14) ,14))/((HHV(RSI(14) ,14)) - LLV(RSI(14),14)))
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- Creating Custom Formulas
- Absolute Breadth Index
- Advance / Decline Line with Negative Volume
- ADX/ADXR Custom (without rounding)
- Alpha and Beta
- Arms Index (TRIN)
- Average-Modified Method
- Breadth Thrust
- CCI Moving Average Crossover System Test
- Chande's Momentum Oscillator
- Combining Trend and Oscillator Signals System Test
- Commodity Channel Index Buy and Sell Signals
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- Comparative Relative Strength Exploration
- Coppock Curve
- Derivative Moving Average
- Detrended Price Oscillator
- Disparity Index
- Displaying the Price of a Security in 32nds and 64ths
- Divergence between the Close and an Indicator
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- Elder Ray and The Force Index
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- Investor Preference Index
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- Ken Roberts' Formulas
- Kurtosis Indicator
- MACD Histogram
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- Market Facilitation Index Expert Advisor
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- Martin Pring's KST Formulas
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- McClellan Oscillator
- McClellan Summation Index
- Modified VIX Indicator
- Money Flow Index
- Moving Average of Only One Day of a the Week
- Natenberg's Volatility
- New Advance Decline Line
- Pathfinder Trading System
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- Price Action Indicator (PAIN)
- Price Volume Rank
- Random Walk Index
- Rate of Change Since a Specific Date
- Regression Oscillator and the Slope/Close Indicator
- Relative Strength Index, Custom (RSI)
- Relative Volatility Index (RVI)
- Slope of a Line
- Slope of a Linear Regression Line
- Standard Error Bands
- STIX Oscillator
- Stochastic %D
- Stochastic Relative Strength Index
- Tick Line Momentum Oscillator
- Trading Channel Index
- Wilder's Volatility
- WillSpread by Larry Williams
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