indicator based upon indicator

[InvGrp2]

Is it possible to plot an indicator based upon another indicator?

I'd like to have an RSI created using another RSI.

Base RSI: 6 and close (hidden)

Actual indicator RSI: 3 and close (based upon RSI: 6 and close)

Thanks.

Bruce

[ACM]

Bruce
You can find instructions on how to do Studies on Studies with the Formula Wizard in this thread.
Alex

[eSignal_JasonK]

Hello Bruce,

Here's another thread on how to code a Study on a Study.

[FabriceB]

I have a similar query. I would like to draw the stochastic of a MACD. I do not see that the StochStudy() accepts an alternate data source. How could I do?

Thanks for the help
Fabrice

[DionLoy]

It is impossible to calculate the Stochastic of anything other than a price series, as the Stochastic formula requires a "High", "Low" and "Close" for each bar. THe MACD would only provide the last value ("Close"), and has no notion of "High" or "Low".

[gspiker]

Dion,

This isn't quite true. If you did a MACD of the highs, lows and close and used those as inputs to stoch you would get results. I don't think they would be interesting results...but I have never tried.

G

[FabriceB]

Thank you all,
I eventually have found my answer from Jay F. somewhere else who coded the stochastic of an RSI (stochofrsi[1].efs). So I know how to solve my problem.
Thanks
Fabrice