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Strategies & Market Trends : Metastock 6.0 for Window

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To: Richard Estes who wrote (2720)1/30/1999 5:58:00 PM
From: TA2K   of 4056
 
Thanks, Richard. So then, you'd say there's probably no point in keeping W%R as a 'candidate' indicator, right?

In the MSWin manual it says that W%R has this "uncanny" ability to turn up a few days prior to prices turning up. Well, of course, my hair stood on end upon reading that. But apparently then the same can be said for the Stochastic oscillator.

Would you recommend some stochastic parameters to keep an eye on? MSWin seems to advocate 5,3,3. But that seems too short. I think 12,3,3 seems more reasonable. But also I think 150,5,5 seems worthy of examining.

Want to help further?
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