Support Board
Date/Time: Sun, 24 Nov 2024 04:07:42 +0000
Post From: User Email Questions
| [2013-09-07 03:15:04] |
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3) Indicator test using spreadsheet to confirm issue. Indicator on indicator example: I just checked the Fast Stochastic RAW K with an RSI and the calculation is wrong. Steps to recreate a) Add Stochastic RSI as comparison (14). There is only 1 parameter for both the RSI and the HH/LL look-back in the Stochastic calculation. b) Add basic RSI (14). Ignore smoothing or set to 1. c) Add Fast Stochastic (Raw K) 'Based On:' RSI in a) above. Use 'Input Data for Last = RSI' and Ignore %D. The shape of synthetic Stochastic RSI closely mirrors the RSI except in amplitude and is no longer bound by 0 - 100, lower and upper ranges. The indicator output is incorrect. *** Note re Stochastic RSI The RSI looks back over period of Bars to arrive at RS, then RSI of close. The Stochastic looks back to derive values from the HH/LL so why is there a Reference to RSI Average type? There is no smoothing element? Sierra Chart Support |