A stochastic simply ranks the relative position of today's value compared to the value over the previous specified period.
StochasticRSI (SRSI) specifically compares the current value of the RSI to it's range over the past x days (typically 14 or 21, but pick your #). So, the formula is the same, just use the value of whatever indicator you want a stochastic of instead of the RSI. Cv = current value H = highest value of x bar period L = lowest value of x bar period Stochastic = (Cv - L) / (H - L) -- Terry -----Original Message----- From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf Of aff392 Sent: Friday, August 25, 2006 15:22 To: [email protected] Subject: [amibroker] Re: John Ehlers "Modeling The Market" Correction for August 2006 TIPs regarding John Ehlers "Modeling The Market" use this site: http://www.traders.com/Documentation/FEEDbk_docs/Archive/082006/TradersT ips/TradersTips.html --- In [email protected], "aff392" <[EMAIL PROTECTED]> wrote: > > Traders TIPs S&C August issue (www.trades.com tips section) > http://traders.com/Documentation/FEEDbk_docs/TradersTips/TradersTips. > html provides AmiBroker's version of John Ehlers "Modeling The > Market". Tomaszs' version is outstanding and concise as usual. > > But in the article the TradeStation version also applies > the StochasticRSI transformation of Ehlers' model and/or > Ehlers' cyclic component. > > From some searches in AmiBroker files I found StochasticRSI as: > > period=Param("Periods",14,5,50,1); > > StochasticRSI=( ( RSI( period) - LLV( RSI(period) ,period) ) / ( ( > HHV( RSI(period) ,period) ) - LLV(RSI(period),period) ) ); > > Plot(EMA(StochasticRSI ,5),EncodeColor(colorBlue) > +"StoRsi",colorBlue,1); > > Assuming this is the same as the StochasticRSI in the article how > would one apply the StochasticRSI to the Model component or the > Cycle component to reproduce the graph in Figure 7 of the Article as > the TradeStaion version does? > > Thanks for any help. > > Art F > Please note that this group is for discussion between users only. To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com For other support material please check also: http://www.amibroker.com/support.html Yahoo! Groups Links Please note that this group is for discussion between users only. To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com For other support material please check also: http://www.amibroker.com/support.html Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/amibroker/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
