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Registered User
Joined: 9/16/2005
Posts: 4
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Hi, I would like to use a stochastic indicator in my charts, but apply a smoothed average type. The only options i see from the average type drop down list are simple,exponential and front weighted.However, the system i am using specifically says smmothed stochastic. How can i recreate that?Maybe with a custom indicator?Thank you very much.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You can use Exponential as the Average Type for this. You just need to use a longer period than what is specified for the SMMA. You need to double the SMMA period and then subtract one to get the period to use for the exponential moving average.
So for example if your SMMA period is 10, then your EMA period is going to be 19 and if you SMMA period is 14, thenyou EMA period is going to 27.
-Bruce
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Registered User
Joined: 9/16/2005
Posts: 4
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Ah, that's nice.... I didn't know this. Thank you very much.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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