Stochastic RSI
MomentumOwn panel belowA stochastic applied to RSI, which makes it far more sensitive.
What it looks like
Drawn by running the real calculation over one sample series. Open a symbol and it is recalculated on that symbol's bars.
How to read it
It asks where RSI sits inside its own recent range, not where price sits. A small move in RSI can swing this all the way to 0 or 100.
Where it misleads
Being sensitive, it hits the extremes often — 0 and 100 are common values and mean little on their own.
Default settings
You can change these on the chart. These are the values it starts with.
In SQMATE
One tap to add
Open a symbol, tap the name in the indicator list and it is drawn straight away. You can stack several copies of the same indicator with different settings.
Recalculated per timeframe
Switch between minute, hourly, daily, weekly or monthly bars and it is recalculated on that timeframe. The maths runs over every bar loaded, so zooming never moves the line.
Use it as a search condition
Some indicators can also be used as an axis when searching for symbols — for example, keeping only symbols above a given reading, scanned every night.
Related indicators
- MACDHow far a short average has pulled away from a long one.
- CCIHow far price has strayed from where it usually sits.
- Williams %RHow far below the recent high price is now, on a 0 to −100 scale.
- MomentumThe plain difference between price now and price N bars ago.
- Rate of ChangeThe percentage change from N bars ago to now.
- Ultimate OscillatorA 0–100 reading that blends short, medium and long windows at once.
Every indicator is an observation computed from past bars. It does not tell you future prices and it is not investment advice.