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kberner
Posted : Monday, January 10, 2005 3:14:18 PM
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Joined: 12/17/2004
Posts: 2
 I am reading the book suggested by Worden entitled Technical Analysis by Meyers. I am just wondering if moneystream and tsv are some type of stochastics?

Ken
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Craig_S
Posted : Monday, January 10, 2005 3:19:02 PM


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Joined: 10/1/2004
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 No. Stochastics looks only at price relative to a set time-frame range. MS and TSV include volume and price and have no relationship to Stochastics.
- Craig
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Doug_H
Posted : Monday, January 10, 2005 3:19:07 PM


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Posts: 4,308
 The calculations of both MoneyStream and TSV are proprietary, but neither is really like Stochastics.
- Doug
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rockandron
Posted : Thursday, January 13, 2005 8:25:16 PM
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Joined: 10/27/2004
Posts: 34
QUOTE (Craig_S)
No. Stochastics looks only at price relative to a set time-frame range. MS and TSV include volume and price and have no relationship to Stochastics.


How do i know what period to be selected for TSV and Moving average on TSV, also MS and Moving average on MS. Is there any standard for stocks and ETF that Worden maintains when selecting periods?
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Craig_S
Posted : Thursday, January 13, 2005 8:36:18 PM


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Joined: 10/1/2004
Posts: 18,819
 MoneyStream has no settings to adjust so you are in the clear there. As for the others (TSV and the averages you mention), you have the ability to change the period on them because there are no set rules or standard.

As a rule of thumb, the lower the number you set them all, the more volatile they will become. This will increase the number of signals and fluctuations. The higher you set the periods the smoother they will become. You will need to play with them and find setting that fit you and your trading style and risk tolerance.

You will notice that even the Worden's will change their settings as they see fit despite doing this for so long.
- Craig
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