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To: bazan who wrote (5870)3/10/1998 10:09:00 PM
From: Joe Copia  Respond to of 120523
 
<<< Have anything on Stochastics? >>> Now you started something :)

har

Joe PTG&LI !!!



To: bazan who wrote (5870)3/10/1998 10:20:00 PM
From: LastShadow  Read Replies (1) | Respond to of 120523
 
Stochastics and Moving Averages

1 and 2 day moving averages? If you are using intraday data, in real time, or even delayed, there are lots of better ways to do that, although after enough screen watching, you shoould be able to see resistance falling or rising without that.

Somewhere I made a lengthy post about stochastics - I'm going to start saving the locations and just posting the number (lol) As for stochastics, there is only one period to use, the %k for 39 periods, and set the limit lines to 50%. If you can overlay a exponentially weighted 26 moving average on top of that, you will have a great indicator, although I don't know of any PC software that allows you to do that. ProTA for the Mac does, but Metastock for PC only allows certain overlays, and last I checked, that one couldn't do it.

Forget %d and all other periods other than 39, as a massive computer crunch for 50 years of data showed the only consistently profitable position was long above the 50% line on a 39 period %k.

lastshadow