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Our StochRSI Pro oscillator is an enhanced version of StochRSI, which is an excellent combination of the original Stochastic and RSI indicators. It was developed to take advantage of both these famous momentum indicators to create a more sensitive oscillator.
Like a traditional Stochastic oscillator, StochRSI Pro alerts traders about the overbought and oversold areas. However, instead of taking price data as an input, StochRSI Pro uses the RSI value in its formula. Since RSI is a derivative of price, StochRSI is the 2nd derivative of price.
As the RSI now becomes the input value instead of the standard price data, traders can see that this oscillator travels quickly from overbought to oversold or vice versa - much more quickly than the traditional Stochastic or RSI indicator.
One important note is that overbought doesn't directly tell that the price will fall, just as oversold doesn't guarantee the price will rally. Instead, the overbought and oversold conditions just alert traders that the RSI value is near the extremes of its scale, and then you can start looking for a retracement on reversal on the price action.
Ready to use out of the box
Fully configurable & customizable with ease
If you are not satisfied with an indicator you’ve bought, you may request us to replace it with another indicator of the comparable price for you.
Aug 14, 2024
The "Brush series exceeds the maximum number (65535) of unique brushes" error was fixed.
Jul 20, 2023
The "Zone Enabled" feature was added; the logic was revised to run in multiple modes.
Jun 10, 2023
The logic for calculating the Signal state was upgraded.
Step by step guide on how to install the indicators
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I have been using the ninZa.co indicators for several months now and am very happy with what a valuable addition they have been to my charts. I recently decided to add one of the recently released indicators from ninZa.co. But after using for a few days, it wasn’t quite what I had been looking for. I contacted ninZa.co and had the pleasure of working with Hannah for an exchange to a different one of the many available indicators. At the time, the indicator I wanted to purchase to replace the one I had recently bought was on sale. Hannah put through an exchange and without my having to ask, gave me the advantage of the sale price. She also included a pdf that provided education about the indicator I chose to switch to. Any time I have had contact with one of the associates from ninZa.co, I have received excellent customer service, and will not hesitate to purchase from them again.
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Thank You, Grace! Your support is extraordinary I wish all companies have such great support. Keep going I’m 200% satisfied.
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Thank you very much for your excellent customer service, Grace! You are doing an excellent job making customers' lives much easier.
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I'm a new customer with ninZa.co and i was needing help today in making a purchase. I made a request on your chat platform and Hannah came to my rescue. She helped me find the what I needed and even offered me a discount. Everything went very smoothly from that point. I made the purchase and she even provided me some documentation on the indicator. I am very pleased with her assistance. Thanks again Hannah for your excellent customer service !!
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