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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bo who wrote (73)	2/8/1998 8:58:00 PM
From: Wayners	Respond to of 927

Jim Bo, I need more information regarding your timeframe. Are you a day trader, i.e. scalping or spreading or are you a position trader trying to get the best intraday entries and exits? What I do is put in a slow stochastic that is equivalent to the 5 day that I use on the daily chart, converted down to either the 30 min or 60 min intraday charts that I normally look at. So this boils down to a 32 price bar slow stochastic (rounded down from 32.5) when I'm looking at the 60 min chart and a 65 price bar slow stochastic when I'm looking at the 30 min chart. On a one minute chart, a 5 day slow stochastic becomes a 1,950 price bar slow stochastic, right? This may be inappropriate for what you are trying to do.