Prorealcode for standard PRT stochastic and RSI

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  • 03/06/2022 at 3:38 PM #189450 quote
    mwilkens111
    Participant
    New

    When adding indicators in PRT, the standard stochastic is a good starting point. Is the prorealcode for this standard indicator as included in PRT available?

    Would like to expand on it, but need code to get started.

    Markus

    03/06/2022 at 6:20 PM #189453 quote
    robertogozzi
    Moderator
    Master

    This is the standard formula:

    //--------------------------------------------------------------------------------------
// Formula:
//
// https://en.wikipedia.org/wiki/Stochastic_oscillator
// https://www.investopedia.com/terms/s/stochasticoscillator.asp
//
DEFPARAM CalculateOnLastBars = 2000
//        settings for Stochastic 10,5,3)
// Periods = 10
// Kline   = 5
// Dline   = 3
// AvgType = 1     //Ema
K = average[Kline,AvgType](((close - lowest[Periods](low)) / (highest[Periods](high) - lowest[Periods](low)))  * 100)
D = average[Dline,AvgType](K)
RETURN K AS "%K",D AS "%D"
    mwilkens111 thanked this post
    03/07/2022 at 8:50 AM #189466 quote
    mwilkens111
    Participant
    New

    Perfect, thanks a lot!

    It seems with Stochstic there is also a “slow” one, will this only relate to the “K” number of days to average?

    Thank you for the super fast assistance!

    Markus

    03/07/2022 at 9:15 AM #189467 quote
    robertogozzi
    Moderator
    Master

    Yes, slow and fast are determined by settings only.

    03/07/2022 at 8:29 PM #189577 quote
    mwilkens111
    Participant
    New

    is there also a chance to get the code for the standard PRT RSI indicator with a few variables to play with period and average Type?

    Markus

    03/08/2022 at 2:50 PM #189605 quote
    robertogozzi
    Moderator
    Master

    Do not double post. Ask your question only once and only in one forum. All double posts will be deleted anyway so posting the same question multiple times will just be wasting your own time and will not get you an answer any quicker. Double posting just creates confusion in the forums.

    Your request will be addressed asap.

    Thank you 🙂

    03/08/2022 at 4:04 PM #189618 quote
    robertogozzi
    Moderator
    Master

    There you go:

    // RSI indicator
//
// Formula:
//
//    (https://www.prorealcode.com/topic/indicatore-rsi/#post-51250)
//    (https://www.investopedia.com/terms/r/rsi.asp)
//
p         = 14                          //periods
Ob        = 70                          //OverBought
Os        = 100 - Ob                    //OverSold
//
Bullish   = MAX(0, CLOSE - CLOSE[1])
Bearish   = MAX(0, CLOSE[1] - CLOSE)
//
mmBullish = WILDERAVERAGE[p](Bullish)
mmBearish = WILDERAVERAGE[p](Bearish)
//
RS        = mmBullish / mmBearish
myRSI     = 100 - (100 / (1 + RS))
//
RETURN MyRSI AS "Rsi",Os AS "Os",Ob AS "Ob"
    03/08/2022 at 5:37 PM #189635 quote
    mwilkens111
    Participant
    New

    thank you! very helpful indeed.

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Prorealcode for standard PRT stochastic and RSI


Platform Support: Charts, Data & Broker Setup

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mwilkens111 @mwilkens111 Participant
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This topic contains 7 replies,
has 2 voices, and was last updated by mwilkens111
3 years, 11 months ago.

Topic Details
Forum: Platform Support: Charts, Data & Broker Setup
Language: English
Started: 03/06/2022
Status: Active
Attachments: No files
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