Download software Tutorial videos
Subscription & data-feed pricing Class schedule


New account application Trading resources
Margin rates Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Stochastics fast, slow and full Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
georgekern
Posted : Monday, December 24, 2007 7:54:48 AM
Registered User
Joined: 2/20/2005
Posts: 54
Hi,
my trading platform distinguishes between full, fast and slow stochastics. Which one of these do I see when I plot stochastics in Telechart? And what are the advantages or characteristics of either?

thanks,

George Kern
diceman
Posted : Monday, December 24, 2007 8:55:45 AM
Registered User
Joined: 1/28/2005
Posts: 6,049
You maybe intersted in this:


Sorting with Stochastics
 
Thanks
diceman
georgekern
Posted : Monday, December 24, 2007 12:19:32 PM
Registered User
Joined: 2/20/2005
Posts: 54
thanks for the video suggestions. They are very informative. But they don't answer my questions: What is full stochastics, slow stochastics, and fast stochastics, and which of these is plotted in Telechart.
George Kern
diceman
Posted : Monday, December 24, 2007 12:23:38 PM
Registered User
Joined: 1/28/2005
Posts: 6,049
Realize the term "full" is from your trading platform.
(it has nothing to do with telechart)
 
You would have to ask them what it is.
------------------------------------------------------
You can also see this post to see how various
lines are described:


Thanks
diceman
georgekern
Posted : Tuesday, December 25, 2007 12:47:17 PM
Registered User
Joined: 2/20/2005
Posts: 54
ok, thanks, this last post you mentioned made it clear to me. What my trading platform calls 'fast Stochastics' is called 'raw stochastics' in Telechart lingo. When %K is smoothed, they call it 'slow stochastics', and this is what is generally used in Telechart by the Wordens.
So   STOC12,1,3 would be an example of a 'raw' or 'fast' stochastics (unsmoothed %K), 
and STOC12,3,3 would be an example of a slow stochastics (smoothed %K)

Does this about sum it up correctly?

thanks,

George Kern
diceman
Posted : Tuesday, December 25, 2007 3:29:57 PM
Registered User
Joined: 1/28/2005
Posts: 6,049
 "So   STOC12,1,3 would be an example of a 'raw' or 'fast' stochastics (unsmoothed %K), 
and STOC12,3,3 would be an example of a slow stochastics (smoothed %K)"
-------------------------------------------------------------------------------------------------
 
STOC12.1
 
(raw %K un-smoothed)
 
------------------------------------------------
 
STOC12.3
 
(a smoothed %K the "slow stochastic")
 
-------------------------------------------------
 
STOC12.3,3
 
(a smoothed (%K slow stochastic) know a %D)
 
-----------------------------------------------
 
 
Typically %K will be the indicator (smoothed or un-smoothed)
 
 
%D will typically be the filter/trigger line.
 
 
%K>%D a positive trend is in place.
%K<%D a negative trend is in place.
 
 
 
Thanks
diceman
 
 
 
 
Bruce_L
Posted : Wednesday, December 26, 2007 10:01:53 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
georgekern,
TeleChart uses a Full Stochastic. The settings for Stochastics available in TeleChart include the Period, SK Period, SD Period and Average Type. Full Stochastics can be used to reproduce both Fast and Slow Stochastics.

Full Stochastic (x,1,y) = Fast Stochastic (x,y)
Full Stochastic (x,y,y) = Slow Stochastic (x,y)

There are other interpretations as well. You may wish to review the following:

Slow Stochastics

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
georgekern
Posted : Wednesday, December 26, 2007 12:17:35 PM
Registered User
Joined: 2/20/2005
Posts: 54
thanks Bruce
wingate
Posted : Saturday, January 30, 2016 7:11:28 PM
Registered User
Joined: 10/7/2004
Posts: 18

I retrieved this formula from an old Worden report (2007) but it doesn't return anything.  It was said to have been a buy signal.  Please advise.

 

(STOC8.3 > AVG(STOC8.3,3)) AND (STOC12.3 > AVG(STOC12.3,)) AND (STOC12.3<65) AND (STOC4.3>AVG(STOC4.3,3)) AND (STOC2.1> AVG(STOC2.1,2))

wingate
Posted : Saturday, January 30, 2016 11:02:51 PM
Registered User
Joined: 10/7/2004
Posts: 18
 
(STOC8.3 > AVG(STOC8.3,3)) AND (STOC12.3 > AVG(STOC12.3,3)) AND (STOC12.3<65) AND (STOC4.3>AVG(STOC4.3,3)) AND (STOC2.1> AVG(STOC2.1,2))                                                              
 
 
 
 
On the previous equation one digit was missing,    the      3    in the second bundle. It is okay now.
Bruce_L
Posted : Monday, February 1, 2016 12:22:23 PM


Worden Trainer

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

I am happy to read you were able to resolve the issue on your own.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.