Worden Trainer
Joined: 10/1/2004
Posts: 4,308
|
What are your stochastics settings when you plot it in TeleChart?
- Doug
Teaching Online!
|
|
 Gold Customer
Joined: 3/24/2005
Posts: 18
|
How can I change the grid lines on the stochastics that are currently set for 20 and 80 to 25 and 75? In this case the oversold line would be 25 instead of 20. The overbought line would be 75 instead of 80.
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
There is no way to change the default lines.
- Craig
Here to Help!
|
|
Registered User
Joined: 1/23/2006
Posts: 2
|
Hello:
What is the meaning of STOC12.3.2? Is this a stochastics with period=12, sk period=3, excluding the prices for the first 2 days? Assuming day 1, to day 14, the value of the above definition is computed using day 3 to day14, but excluding day 1 and day 2.
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 4,308
|
You've got it just right!
- Doug
Teaching Online!
|
|
Registered User
Joined: 1/9/2006
Posts: 99
|
I have watched the video on stoch and read the comments. I would like to have a easyscan to find stocks below the stoch 20 line below they cross up.
I have copied the below PCF and used today stoch for a easyscan, but it is after the cross.
my stoch # are 13, 3, 5.
can you help?
dwm
((STOC13.3 > AVG(STOC13.3,5)) AND (STOC13.3.1 < AVG(STOC13.3.1,5)))
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 4,308
|
Your PCF looks fine. Are you looking at a daily chart? Are your PCF's updated to the current date for All Items in System?
- Doug
Teaching Online!
|
|
Registered User
Joined: 1/9/2006
Posts: 99
|
yes to both questions. when I do the scan it show the stoch as already crossed. I would like to just see the lines below the 20 and below crossing.
thanks,
dennis
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
Your PCF will find the ones that have crossed. Try this:
STOC13.3<20 AND STOC13.3<AVG(STOC13.3,5)
- Craig
Here to Help!
|
|
Registered User
Joined: 1/9/2006
Posts: 99
|
thank you very much.
one more question. I did the scan the with PCF "STOC13.3<20 AND STOC13.3<AVG(STOC13.3,5)"
but the stock NICH is below my Stoch 20 line, but didn't show "true" in the scan. Any ideas? do I need to adjust the scan?
thanks,
dwm4554
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
The PCF I gave you has two requirements:
The simple STOC13.3 must be under 20
AND
The STOC13.3 must ALSO be under its SD (the second average line).
NICH fails the second test.
Here are some PCFs you might like.
STOC13.3 crossing up thru its avg line AND under 20
STOC13.3<20 AND STOC13.3>AVG(STOC13.3,5) AND STOC13.3.1<AVG(STOC13.3.1,5)
STOC13.3 below the 20
STOC13.3<20
I hope one of these will find what you hope.
- Craig
Here to Help!
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 4,308
|
My bad. I clearly read that you were looking for crossing the 20...and then proceeded to evaluate your PCF, which was perfect for STOC crossing its average! Sorry! But at least now you have both PCF's!
- Doug
Teaching Online!
|
|
Registered User
Joined: 1/9/2006
Posts: 99
|
Guys,
you are great!
thanks for being available on a Sunday night!
dwm
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
Our pleasure!
- Craig
Here to Help!
|
|
Registered User
Joined: 6/26/2006
Posts: 7
|
Craig, the stochastic video is fine. But you dont explain what to look for whilst trading for short term or long term.
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
I don't give trading advice. I don't know you. I don't know how you trade. I don't know your risk levels.... You don't even know if I am a good trader or a bad trader. I could be the worst trader ever!
What I do for you here is teach you HOW it works. Now take the know-how from the video and fit the indicator to your trading personality. You can do this knowing what the indicator shows and what the settings mean.
Watch it again and focus on the settings in the indicator that are time-sensitive. From there you can start to decide what settings fit your short and long-term goals.
- Craig
Here to Help!
|
|
Registered User
Joined: 7/31/2006
Posts: 37
|
HI I ALSO GET SYNTAX ERROR WHEN TRYING TO COPY THE DOWN SEG .COULD YOU HELP.THANKS
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
bourdin,
I just copied and pasted the following formula:
((STOC20.10<AVG(STOC20.10,5) )AND (STOC20.10.1>AVG(STOC20.10.1,5)))
Into a Personal Criteria Formula and tested it with IBM as the test symbol. I did not receive an Error in Formula Syntax message. I'm updated through 8/16/2006 Market Close. I received the following results:
((68.82 < 64.68 ) AND (65.41 > 63.63))
Result: False
Market Days Needed to Calculate Criterion: 36
None of these messages indicate an error condition. Does the formula you used match? What were the exact messages returned when you tested the formula? You may wish to review the following:
How to create a Personal Criteria Forumula (PCF)
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
Registered User
Joined: 9/25/2006
Posts: 3
|
Thanks for the video. I wanted to know if i can view the stochastic values on the chart?
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
Yes. You create a PCF for the stochastics that you are using on the chart then add it to the data bar.
Here are some videos to check out:
Understanding Stochastics
How to create a Personal Criteria Forumula (PCF)
Customize the Data Bar to display selected data points
- Craig
Here to Help!
|
|
Registered User
Joined: 9/25/2006
Posts: 3
|
Craig, Thanks for the help. One more help. I am using a trading method which requires to assess the historic stochastic compared to current stochastic. But the PCF I created (and then added to the data point) only shows the last stochastic value. If you can please help me creating a PCF which displays stochastic value for the date I click on the chart.
thanks, Aziz
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
Your best bet is to plot an invisible version of stochastics in the top window.
Add stochastics to the top window with the same settings but without VISIBLE checked. You can then press the period key twice to activate the pointer mode. Even though you won't see the stoc in the top widow you will see its values in the data box while in pointer mode.
- Craig
Here to Help!
|
|
Registered User
Joined: 9/25/2006
Posts: 3
|
Great!!! Thanks a million
Aziz
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
As always, my pleasure!
- Craig
Here to Help!
|
|
Gold Customer
Joined: 1/24/2005
Posts: 97
|
Great stuff Craig-very helpful video!!
|
|
|
Guest-1 |