Stochastic RSI
Where RSI sits in its own recent range.
Formula
StochRSI = (RSI − lowest RSI) ÷ (highest RSI − lowest RSI), over N, smoothed
How to read it
Above 80 overbought, below 20 oversold — reached far more often than by RSI itself.
How to use it
Very short-term timing inside a trend already identified.
Limitations
Very fast; mostly useful for timing within a trend already identified.
In Kereon
Charts · Superchart. RSI 14, stochastic 14, smoothing 3 and 3; levels 80 and 20.
Also called: stoch rsi.