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Stochastic RSI indicator

Wilko · 2016-09-17T14:07:08+00:00

Dear all, There is an indicator called “Stochastic RSI” on the PRT platform. This indicator is only available to plot on charts and cannot be called from within a ProOrder Trading system (where it is not an available indicator). DocTrading has posted simple code for “Stoch RSI” on this forum (Thanks!). However, when I plot the resulting values from DocTrading’s “Stoch RSI” they do not match exactly the values of the “Stochastic RSI” indicator in PRT in spite of using the variable number. Anybody have any idea what the difference between the two indicators may be? Thanks in advance!

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ProOrder: Automated Strategies & Backtesting
Stochastic RSI indicator

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09/17/2016 at 3:07 PM #13203 quote

Wilko
Participant

Senior

Dear all,

There is an indicator called “Stochastic RSI” on the PRT platform. This indicator is only available to plot on charts and cannot be called from within a ProOrder Trading system (where it is not an available indicator). DocTrading has posted simple code for “Stoch RSI” on this forum (Thanks!). However, when I plot the resulting values from DocTrading’s “Stoch RSI” they do not match exactly the values of the “Stochastic RSI” indicator in PRT in spite of using the variable number. Anybody have any idea what the difference between the two indicators may be?

Thanks in advance!

09/17/2016 at 3:16 PM #13204 quote

Wilko
Participant

Senior

I identified the difference myself!

DocTrading’s StochRSI uses high and low in his code, while the indicator on the platform only uses close.

09/17/2016 at 4:53 PM #13207 quote

Nicolas
Keymaster

Legend

So have you fixed the code accordingly?
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Stochastic RSI indicator

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Wilko @wilko Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by Nicolas
10 years ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	09/17/2016
Status:	Active
Attachments:	No files

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Stochastic RSI indicator

Stuck on this ProBuilder code?

Stochastic RSI indicator ProOrder: Automated Strategies & Backtesting

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Stochastic RSI indicator

ProOrder: Automated Strategies & Backtesting