The Stochastic RSI indicator (Stoch RSI) is essentially an indicator of an indicator. ... This means that it is a measure of RSI relative to its own high/low range over a user defined period of time. The Stochastic RSI is an oscillator that calculates a value between 0 and 1 which is then plotted as a line.

The Stochastic RSI indicator (Stoch RSI) is essentially an indicator of an indicator. ... This means that it is a measure of RSI relative to its own high/low range over a user defined period of time. The Stochastic RSI is an oscillator that calculates a value between 0 and 1 which is then plotted as a line.