PRT_Stochastic RSI v1.1

• 01/02/2019 at 10:05 AM #87852
  GraHal

  To try out an idea quickly I was using the Simplified Creation tool, but the Stochastic RSI is not available / usable in ProBuilder  Language.  So I looked in our Library and found a PRC  Stochastic RSI (thanks to Nicolas, as always) but the output does not look the same as the in-built Stochastic RSI.

  I made a fork of the PRC_Stochastic RSI and got the output (lower Indicator attached) to look the same as the inbuilt PRT version (upper Indicator attached).

  Then I find the Insert PRT Code wouldn’t work on the Library post (I guess it only works for the original poster of a new Library entry??).

  So below is the PRC Stochastic RSI v1.1 for anybody who wants it.

  PRC_Stochastic RSI v1.1

  //PRC_Stochastic RSI v1.1 | indicator //06.12.2016 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge //converted and adapted from Pinescript version //forked by GraHal to look same as PRT Platform inbuilt Stochastic RSI 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 //K = average[smoothK](stochrsi)*100 //D = average[smoothD](K) //return K as "K%", D as "D%" return StochRSI as "StochRSIv1.1"

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  //PRC_Stochastic RSI v1.1 | indicator //06.12.2016 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge //converted and adapted from Pinescript version //forked by GraHal to look same as PRT Platform inbuilt Stochastic RSI   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   //K = average[smoothK](stochrsi)*100 //D = average[smoothD](K)   //return K as "K%", D as "D%"   return StochRSI as "StochRSIv1.1"

  PS

  After all the above prep, it got too late, I went to bed and so never tried my idea after all! 🙂

   

  5 users thanked author for this post.

  Alai-n, kmilo20000, BjornH, ginko, Nicolas

  

  GraHal

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  04/30/2021 at 2:05 PM #168471
  ebjiadang

  Thank you very much, you helped me a lot !

  I just changed the line 13.

  myRSI = RSI[lengthRSI]((open+high+low+close)/4)

  Have good trades.

   

  2 users thanked author for this post.

  Alai-n, GraHal

  

  ebjiadang

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