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
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- 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
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