Stoch RSI 14 code help

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11/04/2022 at 3:03 PM #203528 quote

JS
Participant

Master

Hi @marco7630

Question about the formula:

Why are “smoothK” and “smoothD” in the formula when they are not being used?

//Start Code lengthRSI = 14 //RSI period lengthStoch = 14 //Stochastic period smoothK = 10 //Smooth signal of stochastic RSI smoothD = 3 //Smooth signal of smoothed stochastic RSI myRSI = RSI[lengthRSI](close) MinRSI = lowest[lengthStoch](myrsi) MaxRSI = highest[lengthStoch](myrsi) StochRSI = ((myRSI-MinRSI) / (MaxRSI-MinRSI))*100 Return StochRSI //End code

11/04/2022 at 3:49 PM #203538 quote

marco7630
Participant

New

Hello, I asked prorealtime which formule they used for this indicator and this was their reply. gr Marco

11/04/2022 at 3:55 PM #203539 quote

JS
Participant

Master

Okay, strange but more importantly, does this formula match the formula you use, do they give the same values?

11/04/2022 at 5:42 PM #203546 quote
robertogozzi
Moderator

Legend
Actually the full code is:
```
// Stochastic RSI
//PRC_Stochastic RSI | indicator - 06.12.2016 - Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge  -  converted and adapted from Pinescript version
DEFPARAM CalculateOnLastBars = 2000 
//lengthRSI   = 10   //RSI period
//lengthStoch = 10   //Stochastic period
//smoothK     = 10   //Smooth signal of stochastic RSI
//smoothD     = 3    //Smooth signal of smoothed stochastic RSI
//
myRSI    = RSI[lengthRSI](close)
MinRSI   = lowest[lengthStoch](myrsi)
MaxRSI   = highest[lengthStoch](myrsi)
//
StochRSI = (myRSI-MinRSI) / (MaxRSI-MinRSI)
//
K        = average[smoothK](stochrsi)*100
D        = average[smoothD](K)
//
return K as "K%", D as "D%"
```
but the standard formula I found over the internet, in several sites (and applied by PRT), doesn’t use the K and D lines,
11/04/2022 at 6:07 PM #203550 quote
JS
Participant

Master
Thanks Roberto…

Then the screener will now work as you intended…
```
lengthRSI = 14 //RSI period
lengthStoch = 14 //Stochastic period
myRSI = RSI[lengthRSI](close)
MinRSI = lowest[lengthStoch](myrsi)
MaxRSI = highest[lengthStoch](myrsi)
StochRSI = ((myRSI-MinRSI) / (MaxRSI-MinRSI))*100
C1 = (StochRSI - StochRSI[1]) > 60
xSMA = Average[20](Close)
C2 = xSMA - xSMA[1] > 0
SCREENER [C1 and C2]
```
11/05/2022 at 8:46 AM #203577 quote

marco7630
Participant

New

It is working:-). Thanks
JS thanked this post

11/05/2022 at 10:20 AM #203578 quote

marco7630
Participant

New

What would i need to change in the code to get only results that have more than 60 DECLINE and a downward SMA20?

11/05/2022 at 10:42 AM #203580 quote
JS
Participant

Master
```
lengthRSI = 14 //RSI period
lengthStoch = 14 //Stochastic period
//smoothK = 10 //Smooth signal of stochastic RSI
//smoothD = 3 //Smooth signal of smoothed stochastic RSI
myRSI = RSI[lengthRSI](close)
MinRSI = lowest[lengthStoch](myrsi)
MaxRSI = highest[lengthStoch](myrsi)
StochRSI = ((myRSI-MinRSI) / (MaxRSI-MinRSI))*100

C1 = (StochRSI[1] - StochRSI) > 60
xSMA = Average[20](Close)
C2 = xSMA - xSMA[1] < 0
SCREENER [C1 and C2]
```
11/05/2022 at 3:12 PM #203593 quote

marco7630
Participant

New

Great. What do i need to add to only see stocks with more than 500k volume on last trading day?

11/05/2022 at 3:28 PM #203595 quote
JS
Participant

Master
```
lengthRSI = 14 //RSI period
lengthStoch = 14 //Stochastic period
//smoothK = 10 //Smooth signal of stochastic RSI
//smoothD = 3 //Smooth signal of smoothed stochastic RSI
myRSI = RSI[lengthRSI](close)
MinRSI = lowest[lengthStoch](myrsi)
MaxRSI = highest[lengthStoch](myrsi)
StochRSI = ((myRSI-MinRSI) / (MaxRSI-MinRSI))*100
C1 = (StochRSI[1] - StochRSI) > 60
xSMA = Average[20](Close)
C2 = xSMA - xSMA[1] < 0
C3 = Volume > 500000
SCREENER [C1 and C2 and C3](Volume as "Volume")
```
11/06/2022 at 10:00 AM #203621 quote

marco7630
Participant

New

Hello, I would like to add the following to the code. I only want to see stocks with Bolinbger Bandwidth (20 2) greater than 10% (0,1) What do i need to add? gr Marco
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