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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: brk who wrote (9024)3/2/2000 4:55:00 AM
From: Venditâ„¢  Respond to of 19374
 
Are sharp spikes up on williams and stochastics strong indicators ?

Williams and Stochastics are measurements of two different things and I use them for different things in my mix of indicators.

Stochastics shows whether a stock is trending up or down and the cross overs shows you when the trend changes from up to down and the reverse of.

The sharper the angles formed by the black fast line shows the amount of aggression in the trend change.

This is less true of the Williams R indicator as it normally changes directions abruptly on a regular basis and will change direction prior to Stochastics hinting at trend changes a day or two earlier.

Stochastics confirms what Williams R is telling you.

I hope this makes sense.

Reid