RSI and Stochastics Values

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03/10/2022 at 12:37 PM #189741 quote

Nassim
Participant

New

In code, when you want to define conditions based on specific numeric values of RSI or stochastics like %K, how do you express these values? I mean, if you want to say 80% do you type 80 or 0.8 in code? I am a newbie and couldn’t find the answer in the manuals…

03/10/2022 at 1:20 PM #189744 quote

JC_Bywan
Moderator

Master

Hello,

80

Doc from here can be accessed from “help” menu above, it has terms search: https://www.prorealcode.com/prorealtime-documentation/

Example for RSI, says between 0 and 100: https://www.prorealcode.com/documentation/rsi/

thanked this post

03/10/2022 at 3:11 PM #189764 quote

Nicolas
Keymaster

Master

RSI and Stochastic are actually graduated on a percentage scale from 0 to 100, their values are normalized over a period of time.

So 80% of a scale that go from 0 to 100 is 80 🙂

06/26/2022 at 7:29 PM #196160 quote
Lisandro77
Participant

Average
Good morning, I’m trying to do the following and I can’t do it, could someone help me? I am trying to obtain a Simple Moving Average, of the closing prices but only when the Stochastic is Oversold, and it does not give me any results.

For example, if the stock go oversold, and stay oversold for 8 bars, calculate the simple average of only those 8 bars. Thank you very much for any help you can give me.
```
TIMEFRAME (1DAY)

maximo = highest[14](high)
minimo = lowest[14](low)

oscilador = (close - minimo) / (maximo - minimo) * 100

REM Deducimos el %K y %D del estocástico

lineaK = average[6](oscilador)
lineaD = average[4](lineaK)
lineastochmin = 22
lineastochmax = 80
if (lineaK < lineastochmin) then
cta = 1 + cta[1]
else
cta = 0
endif
msstochsvta=Average[cta](close)

return msstochsvta as "msstoch", close as "close", cta as "cta"
```
Screenshot-2022-06-26_20-27-04.png
06/26/2022 at 9:35 PM #196162 quote

JS
Participant

Senior

Hi @Lisandro77

if (lineaK < lineastochmin) then
cta = cta + 1
else
cta = 1
endif

Lisandro77 and Nicolas thanked this post

06/26/2022 at 10:02 PM #196164 quote

JS
Participant

Senior

@Lisandro77

Screenshot of the indicator…

Lisandro77 thanked this post

Schermafbeelding-2022-06-26-om-22.59.47.png

06/26/2022 at 10:07 PM #196166 quote

JS
Participant

Senior

@Lisandro77

Screenshot with “cta” …

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Schermafbeelding-2022-06-26-om-23.05.52.png

06/29/2022 at 7:14 PM #196399 quote

Lisandro77
Participant

Average

Thank you JS very much! It has been very useful to me..! Regards!

JS thanked this post
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