Registered User
Joined: 6/1/2006
Posts: 48
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I'm trying to translate a system's stochastic settings to Telechart.
The stochastics are described simply as 10, 3 "Slow Stochastics."
Since Telechart asks for three settings (including 'Period'), what would be the Period setting on Telechart to tramslate that into a slow stochastics?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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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.
Slow Stochastics
Full Stochastic (x,3,y) = Slow Stochastic (x, y)
With this in mind, I suspect you want a Stochastic with the following settings (the SD will be the line of interest):
- Period: 10
- SK Period: 3
- SD Period: 3
- Average Type: Simple or Exponential?
Understanding Stochastics
-Bruce
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