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Strategies & Market Trends : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?


To: gonzongo who wrote (6140)8/26/1998 1:48:00 AM
From: Bob Jagow  Respond to of 11149
 
Andy,
The QP Stochastic follows the original formulation in Kaufman; both the internal slowing and %D are SMAs.
MS claims to use SMA for %K Slow and defaults to SMA for %D.

Chandre and Kroll, as far as I can tell, applied neither of the two MAs to StocRSI; their stochRSI was just
(RSI -LLV((RSI),p)/(HHV(RSI),p) -LLV(RSI),p). They comment 'For symmetry, we use the same number of days [for p] as those in the RSI calc, but you can experiment if you wish'.
Their reason for not applying the internal smoothing was apparently that 'smoothing is built into the RSI numbers'.

In any case, we are just seeking to make Stoc [like Min,Max,etc] accept item tokens; hence the scan syntax should IMO be

Set RSI = p;
Set STOCHASTIC = q,r,s;
if StochasticPctK(DayNum, item) > val then ..., where item is a valid item token as defined in Help.

Bob