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[blackcat] L2 SVE Stochastic RSI

4 735
Level 2

Background

Sylvain Vervoort’ articles in the Aug issues on 2018,“The V-Trade, Part 6”.

Function

In “The V-Trade, Part 6: Technical Analysis—Divergence Indicators” in the August 2018 issue of STOCKS & COMMODITIES, author Sylvain Vervoort introduces a modified version of the stochastic RSI, an indicator that was first introduced by Tushar Chande and Stanley Kroll. That indicator applies a stochastic calculation to an RSI value rather than a simple value, and Vervoort’s update provides additional smoothing. Vervoort uses his new indicator primarily in the analysis of divergence.

Remarks

Tradingview official stoch RSI is added for comparison.

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