Stochastics RSI (StochRSI)

Description

Stochastics RSI is a calculation of the stochastic based on the RSI indicator.

Interpretation

The indicator provides fast and precise extreme values/points in the price movements. The StochRSI can be used as a trend filter in higher timeframes as well as a tool for better entry timing.

Further information

http://www.investopedia.com/terms/s/stochrsi.asp#axzz263tizhIG

Usage

StochRSI(int period)
StochRSI(IDataSeries inSeries, int period)
StochRSI(int period)[int barsAgo]
StochRSI(IDataSeries inSeries, int period)[int barsAgo]

Return value

double

When using this method with an index (e.g. StochRSI(14)[int barsAgo] ), the value of the indicator will be issued for the referenced bar.

Parameters

inSeries Input data series for the indicator

period Number of bars included in the calculations

Visualization

Stochastics RSI (StochRSI)

Example

//Output for the StochRSI
Print("The current value for the StochRSI is: " + StochRSI(14)[0]);