Cyber8_StochasticRSITrigger

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This is the StochasticRSI Trigger indicator described in Chapter 8.  The Trigger indicator is created by delaying the StochasticRSI indicator by one bar.  It may be combined with the Cyber8_StochasticRSI indicator to create a trading system.

 

PriceIn = defaults to Close, which is correct for this indicator

RSILen = defaults to 8

StocLen = defaults to 8

WaveLen = defaults to 5 but change to 8 to match the book (called WMALength in book)

 

For more information on this indicator, refer to Chapter 8 of "Cybernetic Analysis for Stocks and Futures" by John Ehlers, Publisher: John Wiley & Sons; (March 19, 2004), ISBN: 0471463078.