DeskIndicators
Stochastic RSI
Stochastic applied to the RSI, with a %K line and a %D average.
Stochastic RSI runs the stochastic calculation on the RSI instead of on price. It is its own pane, from 0 to 100. %K is the same reading the matrix heatmap uses. %D is a short average of %K.
Defaults are RSI length 14, stochastic length 14, %K smoothing 3 and %D smoothing 3. Dashed levels sit at 20 and 80.
A high reading means the RSI is near the top of its recent range. Crossing a level is a common read, not a signal by itself.
Settings: gear on the pane bar — see Indicators.