IMPOSSIBLE to use StochRsi with actual settings......

[Angel]

Hello all,

It's impossible to trade divergences using StochRsi provided by NT because only ONE parameter can be set (ie, the period). I mean that over overbought/sold values show NONE divergences !!! In fact, values shown at over values are always the same.

To be honest with you guys, I use it through the VT trader plateform but now I would like to use it with NT. I mean that I would like to fully trade with NT because and in my humble opinion, this is one of the best trading tool in the market we can find.

StochRsi is a very very effective indicator on any time frames for cleary indentifying classic/hidden divergences and this is the exact default settings (provided by VT trader) it requires :

1) Period RSI : 8
2) Period %K Stoch : 8
3) Slowing %K Stoch : 3

Sincerely, it would be so kind if anybody could take a look to add this.

Thanks for your attention,

Happy trading

Cheers

Angel

[NinjaTrader_Ray]

Check out www.affordableindicators.com, they might tweak this for you for $15.

[PrTester]

Hello all,

It's impossible to trade divergences using StochRsi provided by NT because only ONE parameter can be set (ie, the period). I mean that over overbought/sold values show NONE divergences !!! In fact, values shown at over values are always the same.

To be honest with you guys, I use it through the VT trader plateform but now I would like to use it with NT. I mean that I would like to fully trade with NT because and in my humble opinion, this is one of the best trading tool in the market we can find.

StochRsi is a very very effective indicator on any time frames for cleary indentifying classic/hidden divergences and this is the exact default settings (provided by VT trader) it requires :

1) Period RSI : 8
2) Period %K Stoch : 8
3) Slowing %K Stoch : 3

Sincerely, it would be so kind if anybody could take a look to add this.

Thanks for your attention,

Happy trading

Cheers

Angel

MAybe this can help you, http://www.ninjatrader-support.com/v...ead.php?t=3952

[mystiq]

stochrsi parameter question

Check out www.affordableindicators.com, they might tweak this for you for $15.

NinjaTrader_Ray,

for the stochrsi indicator in NT...there is only one parameter, but what does it default to...
for example;...

stochrsi(4)

would be

stochrsi(4,1)

OR

stochrsi(4,4)

OR

stochrsi(4,2)

[NinjaTrader_Bertrand]

mystiq, the Period is defaulted at 14, the smooth for the internal used RSI is hard coded to 1.

[mystiq]

*It's impossible to trade divergences using StochRsi provided by NT because only ONE parameter can be set (ie, the period).*

mystiq, the Period is defaulted at 14, the smooth for the internal used RSI is hard coded to 1.

to confirm...if i used a Period of (4) not (14)...

stochrsi(4) would really be... stochrsi(4,1)? or stochrsi(4,14)?
to clarify: stochrsi(4) ...4 is the STOCHASTICS PERIOD and 1 is the RSI PERIOD? or 4 is the STOCHASTICS PERIOD and 14 is the RSI PERIOD?

[NinjaTrader_Bertrand]

No, the Period is the Stoch & RSI period - the internal smoothing period the regular RSI would offer for customization is hard coded in the StochRSI to be 1.

I hope that makes it clear.

[mystiq]

No, the Period is the Stoch & RSI period - the internal smoothing period the regular RSI would offer for customization is hard coded in the StochRSI to be 1.

I hope that makes it clear.

hopefully after this is answered...are you saying with stochrsi(4) the stochastics period is FOUR and the rsi period is FOUR?

[NinjaTrader_Bertrand]

Correct, you got it.

[mystiq]

Correct, you got it.

Thanks a bunch...!