Re: Finding the Stochastic of the Relative Strength

["Steve Karnish" <kernish@xxxxxxxxxxxx>]

Here's a Stochastic Relative Stregth lndex:

((RSI(14)-LLV(RSI(14),14))/((HHV(RSI(14),14))-LLV(RSI(14),14)))

Steve Karnish
CCT/CTA
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> From: L Petersen <lpetersen1@xxxxxxxx>
> To: Metastock Group <metastock@xxxxxxxxxxxxx>
> Subject: Finding the Stochastic of the Relative Strength
> Date: Sunday, November 15, 1998 8:55 AM
> 
Good Sunday morning...

I am trying to find the stochastic of the relative strength.  Doing so
is apparently not as easy as dropping the stochastic onto the chart of
the relative strength, or using the Indicators Dialog.  Any help will be
appreciated.

I am working with ver. 6.51, and 3 to 5 minute charts.  Jake Bernstein
(The Compleat Day Trader) suggests that the stochastic of the relative
strength is a good smoothing indicator of day trade buy and sell points.

[Image]
I hope that this is possible

Larry