StochRSI

[Prov1322]

TradeStation has an "EasyLanguage" Indicator that is a customizable two-line Stochastic/RSI. I find this indicator to be helpful in trade decisions along with a Hull M/A.

So far I have been unable to find anything close to this in a NinjaScript.

Can anyone provide some input on how to modify this for NT7?

Thanks!

JJ

=====================================

The TradeStation "EasyLanguage"...

{StoRSI}
inputs: RSILen(13), StoLen(8), MA(5), MA2(5);

vars: PV(0), pvt(0), pvb(0);
vars: OverBought(80), OverSold(20);
Vars: Sum(0), Counter(0);

pvt = RSI(Close, RSILen) - Lowest(RSI(Close, RSILen), STOLen);
pvb = Highest(RSI(Close, RSILen), STOLen) - Lowest(RSI(Close, RSILen), STOLen);

Sum = 0;
For counter = 0 To MA - 1 Begin
pvt = (RSI(Close, RSILen) - Lowest(RSI(Close, RSILen), STOLen)) of counter bars ago;
pvb = (Highest(RSI(Close, RSILen), STOLen) - Lowest(RSI(Close, RSILen), STOLen)) of counter bars ago;

PV = iff(pvb > 0, pvt/pvb, 0);
Sum = Sum + PV;
End;

PV = iff(MA > 0, Sum / MA, 0);

plot1(PV*100, "StoRSI");
plot2(average(PV,MA2)*100, "StoRSI2");
plot3(OverBought, "OB");
plot4(OverSold, "OS");

==============================

[NinjaTrader_RyanM1]

Hi Prov1322,

NinjaTrader has a built in StochRsi. There is also a modified version here in our support forums:

http://www.ninjatrader.com/support/forum/local_links.php?action=jump&catid=1&id=21

If you're looking for code translation services, consider hiring a NinjaScript consultant. Most all should be familiar with the TS > NS conversion.

http://www.ninjatrader.com/partners#NinjaScript-Consultants

[Prov1322]

Just loaded the NT StochRSI

Thanks Ryan. Did a search but that did not show up.

Just loaded this and did a comparison with the TS version. The NT version is much smoother, right out of the box. NICE...

Thanks again!

JJ

[Columbcille]

hey there! so i have seen on other platforms a StochRSI that allows the plotting of not only the RSI line, say 14, bust also a K and a D but it shows only a single stochastic rather than two plot lines any idea where i could download sucha indicator?

[NinjaTrader_PatrickH]

Hello Columbcille,

Thank you for your post.

I am not familiar with such an indicator for NinjaTrader 7. You could apply the StochRSI and Stochastics to the same panel, but adjustments would need to be made to the periods for K and D. It is also possible to develop this through NinjaScript. If you would like to take on learning NinjaScript, we have a fully documented help guide which will help you get started with Ninja Script. You will find language references to all of the methods and functions you will be using. You will also see a tutorial section which will help you create your first indicator and get you started with some of these concepts.
A link to our Help Guide can be found below: http://www.ninjatrader.com/support/h...stribution.htm

I am also linking you to the Educational Resources section of the Help Guide to help you get started with NinjaScript: http://www.ninjatrader.com/support/h..._resources.htm

You will find Reference Samples online as well as some Tips and Tricks for both indicators and strategies:
Click here to see our NinjaScript Reference Samples: http://www.ninjatrader.com/support/f...splay.php?f=30
Click here to see our NinjaScript Tips: http://www.ninjatrader.com/support/f...ead.php?t=3229

These samples can be downloaded, installed and modified from NinjaTrader and hopefully serve as a good base for your custom works.

There is a also a growing library of user submitted custom indicators (100+) that can be downloaded from our support form. Please look in the NinjaScript File Sharing section of our support forum as you may find what you are looking for there: http://www.ninjatrader.com/support/f...splay.php?f=37

If you have limited time or programming capabilities, you can discuss your requirements with any of our certified NinjaScript consultants.
Click here for a list of certified NinjaScript Consultants: http://www.ninjatrader.com/Ecosystem/NonBroker.php#81

Please let me know if you have any questions.

[Harry]

hey there! so i have seen on other platforms a StochRSI that allows the plotting of not only the RSI line, say 14, bust also a K and a D but it shows only a single stochastic rather than two plot lines any idea where i could download sucha indicator?

I have published a version that

-> allows to add smoothing to the raw K line
-> comes with a second D line, which is calculated as a SMA of the K line
-> allows to set different lookback periods for RSI and Stochastics
-> comes with improved code efficiency

The indicator can be found here:

https://www.bigmiketrading.com/ninjatrader-programming/5593-need-simple-code-stochrsi-please.html#post63683

I do not attach indicators here, because that would make organized updates impossible. However, if you are not a member of Big Mike's and cannot access the download section, let me know your e-mail via private message and I will send you the indicator.

[[email protected]]

Hi Harry,
Would You please share the SotchRSI indicator with me I have Ninja 7.0.1 ( the link in the post is broken), my email [email protected]

[bltdavid]

RE: the link in the post is broken

Fyi,the website "BigMikeTrading.com", informally known as BMT, officially changed their name to "Futures.io",
and, as such, the informal reference to their website also changed, to FIO -- anyways, all their internal links are
the same but sometimes their internal automatic redirect from the old URL to the new URL doesn't work -- this is
one of those links that fails to redirect properly.

Here is the corrected link:
https://futures.io/ninjatrader-progr...html#post63683