Just realized a common indicator named Stochastic RSI is missing in the indicator section. You might wanna add it (?) @team212 @George
That’s two things though
Relative Strength Index (RSI)
And
Stochastic Oscillator
We have slow and fast options (fast being more sensitive)
What I’d love to see is TSI, we only have RSI.
StochRSI is a mix between RSI and Stochastic.
I’ve never used TSI before. I’ll have a look on TradingView.
Thx for mentioning it
So it’s applying the Stochastic oscillator formula to RSI values, won’t that be quite volatile? I’ll definitely take a look at that.
Yeah TSI over RSI.
Well the erratic nature of an indicator really depends on your settings as well as the timescale you’re on. For StochRSI I tend to change the source from (close) to (open,high,low,close) to smooth the signal.
Just played around with TSI for a bit. It’s very similar to MACD. By using (8,17,9) as MACD settings, I’m actually getting better signals…
Did you ask for it to be added ?
TSI I don’t think I have.
What I would like to see is vwap