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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (29629)5/17/1999 3:11:00 PM
From: Bob Jagow  Read Replies (1) of 79183
 
Doug,
Many here seem to be using QP for the scans and using a 'custom' [wrong] stoc in it would be very slow. [I think stoc is the only problem and assume that Parity and WOW stole theirs from MS.]

My point is it would be useful to sing from the same hymnal; assuming that you and David [and miles and ...] initially pick your parameters by looking at charts, I am suggesting that you could add the correct stoc to the chart, adjust its parameters to match the signals that the wrong one gave you, and use the adjusted parms in the QP scan. [Would only have to adjust it once.]

Re the formula in Parityese, I don't have Parity -- sounds like a job for superdog :)

Bob

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MS Help gives the right formulas
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The following formula calculates a 5-period %K Stochastic Oscillator with 3-period slowing:
(sum( C - llv(L,5), 3 ) / sum(hhv(H,5) - llv(L,5), 3) ) * 100
[*** 3dsma/3dsma = sum/sum]
This next formula calculates a 3-period %D of the %K in the preceding formula.
mov( stoch(5,3), 3, S )
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For E or W in QP use Emovavg(bar,len,StochPcK) and Wmovavg(bar,len,StochPcK).
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