Stochastic RSI Variants, Smoothing, Levels, and Alerts

Summary

This indicator description covers applying a stochastic calculation to several RSI variants, including Cuttler’s, Ehlers’ smoothed, Harris’, Rapid, RSX, Slow, and standard RSI. It also describes an option to smooth prices with one of four basic average types, producing an RSI based on averaged prices; without that option, it calculates regular RSI.

Users can choose floating quantile or fixed levels, and alerts can be tied to crossings of outer levels, crossings of a middle level, or changes in slope. The indicator is described as supporting multiple time frames and a set of price inputs, but the text gives no parameter definitions, chart examples, validation, or trading results. It explains configuration options rather than a tested trading rule, so users would need to evaluate signal behavior and settings for their own instruments and time frames.

Key ideas

• The indicator applies stochastic calculations to several RSI formulations.
• Price smoothing changes the input into an RSI based on averaged prices.
• Levels may be fixed or based on floating quantiles.
• Alerts can respond to level crossings or slope changes.
• The description offers no evidence that any configuration is profitable.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.