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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (24894)	1/2/1999 7:50:00 PM
From: milesofstyles	Read Replies (1) \| Respond to of 79230

my data in parity matches that of craig's readings in mswin, again, we are all using qp2 data i am guessing,and for the most part is pretty clean. i don't think there is a calculation difference in parity that i can see. my data shows three higher lows below 20 dating back to early september in both parity and qp2 9-3...10-7...11-23... this is the formula listed in qp2 %K = 100[ (C - L5) / H5 - L5) ] i believe the 5s to be an example period...but looks the same to me as the one you have listed for parity. i have noticed differences in the short sto's and this may have lead to my misintrepretation basis of the sto e vs s and also a recent misintrepation on my part of a study regarding a comparison of the calculation of the simple and exp, which found the exp more favorable. milesov

To: Doug R who wrote (24894)	1/2/1999 8:41:00 PM
From: Craig DeHaan	Read Replies (1) \| Respond to of 79230

Doug, If that Parity 'doohickey' (I luvit) stoch formula is actually using %K = 100[(C - Lxclose)/(Hx - Lx)] its more akin to a low-bias W%R w/ inverted scaling. W%R is: ((HHV(C,NPer)-C)/(HHV(H,NPer)-LLV(L,NPer))) * -100 %K stochastic calcs in most TA sw use C-Lx [C-LLV(L,NPer)] for the numerator vs LxClose [C-LLV(C,NPer)]. Curiously, what should be happening output-wise with your lil' doohickey is *lower* values at both low and high scale extremes. I'm thinking this JBM inconsistency must mostly be a case of data influenza... or is it just more voodoo? Now we'll never ween you to MSWIN/QP. CP