Registered User
Joined: 3/27/2014
Posts: 33
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Hello Bruce,
I'd like to incorporate a formula into an Easy Scan which tells me when the 12%K5 crosses over the %D5. This would then allow me to monitor a crossover when it's in the upper 80 range, and also down in the lower 20 range, depending on if I'm looking for an over sold or bought condition crossover.
Also, I was wondering if there is a place you could lead me to that might contain all the various formula's you've written for folks that I could peruse? Maybe with a short description as to what the formula is to accomplish? That way I wouldn't be asking for you to duplicate your efforts, without first trying to come up with a formula on my own.
Thank you in advance for your help!
Rick
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Registered User
Joined: 9/17/2010
Posts: 484
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There is a search capability top right quadrant of your screen. I found several entries when I searched for Stochastic Crossover.
There is no "catalogue" of formulas in the forum
Hope this helps
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Registered User
Joined: 3/27/2014
Posts: 33
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I did do a search, and the closest that came up to what I wanted was the request by Cyborg Trader. Bruce did give a formula, but it wasn't designed to work on V12.4.
I noticed that a lot of the requests were tied in with the 80 level as well as the 20 level. I'm not looking for that, as I have other scans that can tell me when the stochlastic is down low or up high. I just want a formula for a 12,5,5 that tells me when the K crosses the D, then I'll go in and look at the chart.
Thank you for your suggestion though bcochrane. I'm sure Bruce will chime in when he gets a chance, he's never failed to help yet!
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Registered User
Joined: 9/17/2010
Posts: 484
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Sorry I couldn't help.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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If this is for 12.4, you can click on the stochastic indicator and select Create Scan Condition to create a condition formula for the crossover.
Create Conditions from Your Chart (5:25)
A Condition Formula for a simple stochastic 12,5 %K crossing up through a simple 5 period %D can be written as follows.
STOC12.5 > AVG(STOC12.5,5) AND STOC12.5.1 <= AVG(STOC12.5.1,5)
A Condition Formula for a simple stochastic 12,5 %K crossing down through a simple 5 period %D can be written as follows.
STOC12.5 < AVG(STOC12.5,5) AND STOC12.5.1 >= AVG(STOC12.5.1,5)
A Condition Formula for a simple stochastic 12,5 %K crossing through a simple 5 period %D in either direction can be written as follows.
SGN(STOC12.5 - AVG(STOC12.5,5)) <> SGN(STOC12.5.1 - AVG(STOC12.5.1,5))
Understanding Stochastics
Cascades of Moving Averages
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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