STOCHASTIC VS. RSI !

[wizardalltime]

Hi AGAIN EVERY ONE this is my fourth comparison of indicators . this one about stochastic vs. rsi against the most effective news.

i will write a quick review about each and my opinion about each.

first the stochastic : -

What Does Stochastic Oscillator Mean?

A technical momentum indicator that compares a security's closing price to its price range over a given time period. The oscillator's sensitivity to market movements can be reduced by adjusting the time period or by taking a moving average of the result. This indicator is calculated with the following formula:

%K = 100[(C - L14)/(H14 - L14)]

C = the most recent closing price

L14 = the low of the 14 previous trading sessions

H14 = the highest price traded during the same 14-day period.

%D = 3-period moving average of %K

in my opinion : its going mad in the news time .

second the rsi : -

What Does Relative Strength Index - RSI Mean?

A technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset. It is calculated using the following formula:

RSI = 100 - 100/(1 + RS*)

*Where RS = Average of x days' up closes / Average of x days' down closes.

in my opinion : it`s going mad after 200 points of movement .

thanks every body , hope you got benefit .