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surfer94131
Posted : Thursday, February 6, 2014 8:27:56 PM
Platinum Customer Platinum Customer

Joined: 5/31/2007
Posts: 25

I am using a variable in a pcf of mine that reads "STOC50.3"

What are the values that I would use in expression that stochastic in terms of %K, %D and the period.

I am one number short, and not sure what to use?

Thanks for the help

Paul

Bruce_L
Posted : Friday, February 7, 2014 11:28:47 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Your Indicator Formula is for the %K of a Simple Stochastic 50,3.

You would need to take a moving average of this to create the %D. So if you had a 4-period simple %D, an indicator formula for this could be written as:

AVG(STOC50.3,4)

Understanding Stochastics



-Bruce
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surfer94131
Posted : Friday, February 7, 2014 12:13:40 PM
Platinum Customer Platinum Customer

Joined: 5/31/2007
Posts: 25

Bruce, thanks for the reply, but I am not using a third number, just the variable that I posted "STOCH50.3".

The condition is working, so it must be using an implied third number to make up all three variables required to make up a STOCH.

In a different program, one is required to give all three, and that is what I am trying to work out. Since there is no third number expressed, I don't know what to use.

Also, note that my variable is using a period, not a comma, so perhaps that means something as well? I have also seen examples here where people have 4 variables, so I am totally confused.

I know that my period for "STOCH50.3" is 50, but what is:

%K =

%D =

Thanks

Paul

Bruce_L
Posted : Friday, February 7, 2014 12:17:50 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

If you only have those two numbers, you would just need to set the Period of the Stochastic to 50, the %K setting to 3 and the Average Type setting to Simple.

You could delete the %D line from the chart entirely or set the Period of the %D indicator to 1.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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