uStochRSI — Indicator by imarsu

Oscillators under

StochRSI measures the value of RSI relative to its high/low range over a set number of periods. The number of periods used to calculate StochRSI is transferred to RSI in the formula. For example, 14-day StochRSI would use the current value of 14-day RSI and the 14-day high-low range for 14-day RSI.

14-day StochRSI equals 0 when RSI is at its lowest point for 14 days.
14-day StochRSI equals 1 when RSI is at its highest point for 14 days.
14-day StochRSI equals .5 when RSI is in the middle of its 14-day high-low range.
14-day StochRSI equals .2 when RSI is near the low of its 14-day high-low range.
14-day StochRSI equals .80 when RSI is near the high of its 14-day high-low range.

Release Notes:

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