Originally Posted by
Phaedrus
If the shareprice continues to slowly rise, is there a point at which the RSI and Stochastic oscillators as shown here will give another Buy signal?
No. At this stage, they have already done their job. To generate new Buy signals, these oscillators would have to drop below their "OverSold" threshold and then climb above it. This would require a reasonably significant drop in the shareprice followed by a rise.
Very active traders might well want more frequent entry/exit signals. They could use the same oscillators but utilising shorter time periods than those shown here. A fast Stochastic oscillator could use a 5 day period, for example. The default RSI period is 14 days, but use of a 9 day period gives a Buy signal in tandem with that of the Stochastic oscillator, giving an entry at $1.16. The time period controls the sensitivity of the indicator. The idea is to select a period that suits your preferred trading frequency.