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wluroc
Posted : Tuesday, May 8, 2007 8:33:48 AM
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Joined: 12/3/2004
Posts: 16
 What is Worden Stochastic Candle in Blocks Player?

Thanks in advance.
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Bruce_L
Posted : Tuesday, May 8, 2007 9:26:21 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 It is very similar to the standard Worden Stochastic Study except that if there are multiple closes per displayed bar, it will convert the intermediate Worden Stochastic values into Opens, Highs, Lows and Closes and display this information in addition to that displayed by the standard Worden Stochastic.

For example, if you were displaying a Worden Stochastic based on Daily values on a Weekly chart and had five Worden Stochastic values, the first of these values would be used as the open, the highest of these values would be used as the high, the lowest of these values would be used as the low and the last of these values would be used as the close of the Worden Stochastic Candle.
-Bruce
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