Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jjs_ynot who wrote (264)	2/26/1998 2:31:00 PM
From: Wayners	Read Replies (1) \| Respond to of 927

I'm glad I went and looked at CBS Market Watch. Good charting site. When you pick the stochastic period of 5 you do get the same reading as me. The 5 day stochastic is the green line. The red line is a moving average of the 5 day stochastic. Many people use the crossover as the buy/sell signal. Its a good system too--provided you trade with the trend. The stochastic is based on two inputs. The %K and the %D. When I refer to a 5 day stochastic, I'm actually referring to a %K of 5 and a %D of 3. Even though the CBS site doesn't prompt for the %D value, I guarantee the green line is identical to the 5 day stochastic in my chart. Crossovers of the red line are the "hooks" you should be looking for.