StochRSI PRO
The interpretation of the indicator is similar to the original RSI's: valuable signals are often produced at crossovers of the main plot with overbought and oversold levels. However, the default values of these levels are slightly different: in the stochastic version, these are at 80 and 20, respectively. Actual indication of the crossovers can be enabled by adjusting the show breakout signals parameter value.
The PRO version has the more than one average type on both RSI and Stochastic.
RSI average type : simple, exponential, weighted, Wilder's, or Hull.
Stochastic average type: simple, exponential, weighted, Wilder's, or Hull.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Patternsmart directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Patternsmart directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.