stochastics

Premier Stochastics Indicator

After copying the Chart Definition below to your clipboard, in Investor/RT, choose "File: Import: Definition from Clipboard" from the main menu. The chart should appear.

This chart contains the Premier Stochastics Indicator (PSI) custom indicator discussed in the Trader's Tips section of the August 2008 issue of TASC magazine. The indicator involves a double-exponential smoothing of the Raw %K, along with a normalization between the extreme values of -1 and +1.