Blog : Stochastic RSI Indicator
Stochastic RSI
The Stochastic RSI (Stoch RSI) is an indicator of an indicator, applying a stochastic calculation to the RSI indicator. It measures the RSI relative to its own high/low range over a user-defined period. The Stochastic RSI is an oscillator that calculates a value between 0 and 1, plotted as a line, and is primarily used to identify overbought and oversold conditions.
| Stochastic RSI Inputs | |
|---|---|
| K | 3 |
| D | 3 |
| RSI Length | 14 |
| Stochastic Length | 14 |
| Oversold Level | 20 |
| Middle Level | 50 |
| Overbought Level | 80 |
| Long - Entry Trigger | Long - Exit Trigger | Short - Entry Trigger | Short - Exit Trigger |
|---|---|---|---|
| %K crossover %D and %K > Middle Level | %K crossunder %D | %K crossunder %D and %K < Middle Level | %K crossover %D |
| Long - Entry Confluence | Long - Exit Confluence | Short - Entry Confluence | Short - Exit Confluence |
| %K > %D and %K > Middle Level | %K < %D and %K < Overbought Level | %K < %D and %K < Middle Level | %K > %D and %K > Oversold Level |