RSI and Stochastics Values

• 03/10/2022 at 12:37 PM #189741
  Nassim

  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…

  

  Nassim

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

  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/

   

   

   

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  JC_Bywan

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

  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 🙂

   

  

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

  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"

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  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"

  

  Lisandro77

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  06/26/2022 at 9:35 PM #196162
  JS

  Hi @Lisandro77

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

   

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  JS

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

  @Lisandro77

  Screenshot of the indicator…

   

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  JS

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

  @Lisandro77

  Screenshot with “cta” …

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  Lisandro77

  

  JS

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  06/29/2022 at 7:14 PM #196399
  Lisandro77

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

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  JS

  

  Lisandro77

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