Historical Stochatic (HS) [cI8DH]This indicator calculates historical stochastic (HS). It also includes the standard stoch. HS works similar to the standard stochastic . The difference is that the standard stochastic has a set look-back period, while HS looks as far back as the first bar. This allows identifying ATHs and ATLs (background highlights green and red respectively). Basically, HS shows inverse retracement from ATL to ATH in percentage.
This indicator works best on non-range bound indicators such as MACD. As you can see in the chart below, MACD is not useful to compare against periods that price is wildly different. Applying HS on MACD fixes this issue (To achieve the same results, add MACD indicator > change the source to MACD on HS settings > since MACD is a smoothed indicator, smoothing length is set to 1. To get similar smoothing length on the signal as in standard MACD, set %D to 5 smoothed MA which is equivalent to 9 EMA smoothing on standard MACD).
Gain/Loss Moving Average (GLMA) is another indicator that can benefit well from HS. GLMA is the simplest and probably the most accurate momentum indicator. But it is not as convenient as RSI since it is not range bound. HS can make it range bound without compromising its accuracy. (To achieve the same results, add GLMA indicator > change the source to GLMA on HS settings > set %K length to 1).
Chart below shows HS applied to Accumulation/Distribution Money Flow (ADMF) and compares it against its range bound counter part, ADP.
Conclusion:
There are different ways of making an indicator normalized or range bound. Some indicators use RSI's approach (positive changes MA / all changes MA) such as MFI, CMF, ADP. This approach is great but the divergence near extremes can sometimes be misleading. HS fixes this problem as long as the indicator is not making a new ATH or ATL . When it does make new ATH or ATL , this indicator gives a warning to avoid using it for detecting divergence.
PS:
It is a bit geeky to apply HS on other indicators. I will publish some of my indicators with HS and standard stoch built-in. So stay tuned if u r interested in this indicator.
Read more here about using stochastic
www.tradingview.com(STOCH)
RSI Estocástico (STOCH RSI)
Stoch Momentum Index* Original code from UCSgears.
* Added circles for when Stoch MI and signal line crosses.
Stochastic RSIThis indicator is the standard Stochastic RSI as well as the normal RSI indicator displayed in the background as an area.
This allows you to see both indicatrs at the same time
yutas_StochRSIver.1.0
With StochRSI time axis change and cross sign display function.
StochRSIの時間軸変更やクロスサイン表示機能付き。
RSI vs Stochastic vs Stochastic RSITo compare each indicator's performance toggle between the various buy and sell methods while watching results in the Strategy Tester pane.
OSC = Oscillates between crossing the chosen Lo or Hi levels for either RSI or Stochastic/Stochastic RSI.
CROSS = When the Stochastic or Stochastic RSI k crosses d.
Outer gray band equals Stochastic/StochasticRSI range.
Inner gray band equals RSI range.
NOTICE: This script does not require access from me, simply open Indicators on chart and search for "RSI vs Stochastic vs Stochastic RSI". By accessing this script you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
yutas_CCI+StochRSIver.1.5
It can be used as a material to judge the flow with CCI and StochRSI cross.
CCIとStochRSIのクロスで流れを判断する材料に使えます。
Ehlers-Smoothed Stochastic RSI StrategyI have been asked by several people for a Strategy based on the ES Stoch RSI Alert so here it is. The strategy has an adjustable backtest date range so that you can adjust the test time period to whatever you like. This strategy is based on a script by fskrypt.
Stochastic RSI with DivergencesTook my other Log RSI script and plugged in Stochastic RSI to see how divergences play on an oscillator with two lines. Turns out divergences are good at predicting changes in the oscillator but that doesn't mean that the oscillator will always mimic price action.
Log vs. no log is virtually the same.
Credits to
@fskrypt for introducing geometric mean
Divergences by @RicardoSantos (@JustUncleL's edit)
QQE AsYouWish IMQ Component v02 An AsYouWish component of Inigo Montoya's Quest, dynamic strategy. This is not a stand alone indicator. It is instead designed/skewed to provide RSI-based trade recommendations, immediately following a reversal stop-out. It's suitable for any time frame, from 1 minute to 1+day bars.
[SV] Seaweed Village RSI Ver 0.3New to write in English
Please refer to this document
docs.google.com
heiken-stochThis model has two system
1. is the well known heiken (lime or red)
2. stoch cross up or down in relation to volume indicator (B or S)
alerts inside
have fun
stoch rsi dmi plusSo in this indicator I put the improved DMI together with stoch rsi
the area in light blue are buy zone by the improved DMI
the area in light red are potential sell zone by the improved DMI
the green columns are stoch rsi crossing up
the red columns are stoch rsi crossing down
Stoch RSI K/D DifferenceGet the difference between Stochastic RSI k and d. When k > d, the value is positive, and vice versa.
Sudden change/reversal of the difference can indicate price reversal.
QQE AsYouWishRed & Green Dots are added, signifying events in the QQE. Next step will be to build a trade decision accumulator, based on QQE dot events.
Stochastic RSI Alertscreate alert based on Stochastic RSI when k is greater than 80 or less than 20.
RSI with buy and sellgives buy and sell as per the settings
uses stochastic and RSI
can be used in combination with RSI+ script
