Drop this formula into a new pane on a daily chart of EWD.
_SECTION_BEGIN("Stoch RSI");
rNum = (( RSI( 13) - LLV( RSI( 13 ) , 8 )));
rDen = (HHV( RSI( 13) , 8 ) - LLV(RSI( 13 ), 8 ));
StochRSI = (rNum/rDen)*100;
printf("DTosc: " +MA(StochRSI,13) +"\n");
Plot(MA(StochRSI,13),"Stoch RSI", colorRed,styleLine);
Plot(MA(C,13),"MA 13", colorGreen,styleDots);
Plot(RSI(13),"RSI", colorBlue,styleDashed);
_SECTION_END();
Scroll back to 10/29/1996 and notice the plot for the Stoch RSI goes to zero
and stays there for the next couple of years. There are a lot of gaps in the
data, at lest from my vendor. I believe the gaps are causing the Stoch RSI to
drop to zero, but why? This apparently has no affect on the MA of close nor on
the regular 13 period RSI. So what's going on and how do I modify the math to
give accurate results while preventing the Stoch RSI from dropping to zero due
to the missing data?
Thanks.
Pete :-)
