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About the application:

StochRSI is indicator developed by Tushar Chande and Stanley Kroll that measures the level of RSI relative to its high-low range over a set time period. StochRSI applies the Stochastics formula to RSI values, instead of price values. This makes it an indicator of an indicator. Using RSI values within the Stochastic formula gives traders an idea of whether the current RSI value is overbought or oversold - a measure that becomes specifically useful when the RSI value is confined between its signal levels of 20 and 80. The StochRSI is deemed to be oversold when the value drops below 20, meaning the RSI value is trading at the lower end of its predefined range, and that the short-term direction of underlying safety may be nearing a correction. Conversely, a reading above 80 suggests the RSI may be reaching extreme levels and should be used to signal a pullback in the underlying safety. The StochRSI reaches these levels much more frequently than RSI, resulting in an oscillator that offers more trading opportunities. Unlike RSI, StochRSI frequently reaches the extreme 0 and 100 levels. Easy StochRSI provides a comprehensive dashboard that allows you to view the StochRSI value of multiple instruments across 6 timeframes (M5, M15, M30, H1, H4, D1) at one glance. This provides you with an understanding of the current trend of the forex shop on the go. Key Features ☆ Timely display of StochRSI values of over 60 instruments across 6 timeframes, ☆ Allows configuration of overbought and oversold condition that best suit your private trading tactic, ☆ Timely push notification alert when uptrend or downtrend condition is hit ☆ Display headline news of your favourite currency pair(s) Easy Indicators relies on your help to fund its development and server costs. If you like our apks and want to help us, kindly consider subscribing to Simple StochRSI Bonus. This subscription removes all ads within the apk, keep push alert based on your preferred overbought/oversold values and supports our development of future enhancements. Privacy Policy: http://easyindicators.com/privacy.html Terms of Use: http://easyindicators.com/terms.html To learn more about us and our products, please visit http://www.easyindicators.com . For technical help / enquiries, email our technical help squad at [email protected] Join our fb fanatic page. http://www.facebook.com/easyindicators Follow us on Twitter (@EasyIndicators) *** IMPORTANT NOTE *** Please note that updates are not accessible during weekend. Disclaimer/Disclosure Forex trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work versus you as well as for you. Before deciding to trade forex, you could carefully consider your investment objectives, level of experience, and risk appetite. You must be aware of the risks of investing in forex and be willing to agree them in order to trade in these markets. Trading involves substantial risk of loss and is not suitable for all investors. EasyIndicators has taken good measures to ensure the accuracy and timeliness of the info in the application, however, does not guarantee its accuracy and timeliness, and will not agree liability for any loss or hurt, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such info, inability to access the info, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this application. The Application Provider (EasyIndicators) reserves the rights to stop the service without any advance notification.