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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Jan Robert Wolansky who wrote (2806)9/30/1997 9:19:00 PM
From: Michael Quarne   of 3325
 
From MetaStock 6.5 Help file

Stochastic Momentum Index

The parameters for the Stochastic Momentum Index are shown below. These parameters are specified at the time the indicator is plotted. You can edit the parameters of an existing plot by right-clicking on the indicator and choosing Properties from the shortcut menu.
%K Time Periods. Enter the number of time periods used in the %K calculation.
%K Smoothing Periods. Enter the number of time periods used in the internal smoothing of the %K value.
Double Smooth. Enter the number of time periods used in the double smoothing component of the %K value.

%D Time Periods. Enter the number of time periods used in the moving average signal line of %K. This is plotted as a dotted line (default) on top of %K.
Method. Choose the method (i.e., exponential, simple, weighted, time series, triangular, or variable) used to calculate %D.
Style. Choose the line style (i.e., solid, dashed, etc.) used for the %D.
Color. Choose the color used for the %D.
See Modifying an Indicator for information on the Color/Style and Horizontal Lines pages. See Stochastic Momentum Index for interpretation information on the Stochastic Momentum Index.

Stochastic Momentum Index

SYNTAX stochmomentum( PERIODS, SMOOTHING, DOUBLE SMOOTHING )
FUNCTION Calculates the predefined Stochastic Momentum Index.
EXAMPLE stochmomentum( 10,40,3 )
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