Stochastic Connors RSI

An experimental indicator based on the Stochastic + Connors RSI binding
Nov 16
Release Notes: Correct `updown` calculation (Thanks to @tsfp)
Nov 16
Release Notes: ...
Feb 12
Release Notes: Update license, updown calculation function name and arguments
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Hey, thanks for sharing this! Are you sure the updown calculation is correct? I've tried plotting it, and it seems the values are always -1, 0 or +1, but my understanding of the Connors RSI specs is they should be consecutive (e.g -1, -2, -3, +1, +2, -1, +1, +2): https://alvarezquanttrading.com/wp-content/uploads/2016/05/ConnorsRSIGuidebook.pdf

See page 7, it's streak duration as far as I understand it.
+1 Reply
@ts123, Hi

You can change its calculation by `Updown RSI Length` input
Hi, thanks for doing this indicator, but i think there is an error.
I compared your code with the Tradingview built-in Connors RSI code and it looked similar. But when I made my own StochCRSI with the built-in code it gave a slightly different result...
After some research i found that the error is in your updown function. If you plot updown(src, ud) the result is always 0. You can look at the built-in CRSI code to fix this...
+1 Reply
@tsfp, I agree with you. Thanks)
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