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Strategies & Market Trends : TA-Quotes Plus

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To: Jim Deni who wrote (365)2/6/1997 3:25:00 PM
From: Bob Sage   of 11149
 
Jim,

I am sure Andy will reply but the following may help you.

The Stochastic is the position of a value expressed as a percentage, within a range of values. It has only one variable called %K. It is then smoothed generally by using a simple moving average, the second variable. This smoothed value is called %D. To smooth further a third variable can be used, again as a simple moving average, to produce %D-Slow. The so called fast stochastics plot %K and %D. Some writers suggest using slow stochastics and plot %D and %D-Slow which is what I do.

When you see one variable it should mean %K, two should mean %K and %D ( the fast pair ) .

Hope this helps.

Bob
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