Using the stoch 10 %K 3, E xp %D 5 I want to create a condition that is true when the following is met.

if today's %K > today's %D AND

    if  at least 1 of the bars for the previous 4 days has the %K < %D AND

        if  at lease 1 of the bars for the same 4 days the %K and %D has been < 30  then

            the condition if true.

Any ideas?

Re: TC12.3.

After viewing the help vids I've determined how to do: "if today's %K > today's %D AND"

I still haven't figured out the balance of my q, ie,

if  at least 1 of the bars for the previous 4 days has the %K < %D AND

        if  at lease 1 of the bars for the same 4 days the %K and %D has been < 30  then

            the condition if true.

At this point I think the issue is how do I look back at the 4 previous bars. Once I get that resolved I can complete the scan.

Please try the following Indicator Formula (it assumes the %K and %D are both Exponential since the only specification given was Exp):

XAVG(STOC10,3) > XAVG(STOC10,5) AND (XAVG(STOC10.1.1,3) < XAVG(STOC10.1.1,5) OR XAVG(STOC10.1.2,3) < XAVG(STOC10.1.2,5) OR XAVG(STOC10.1.3,3) < XAVG(STOC10.1.3,5) OR XAVG(STOC10.1.4,3) < XAVG(STOC10.1.4,5)) AND ((2 * XAVG(STOC10.1.1,5) - XAVG(STOC10.1.1,3) < 30 AND XAVG(STOC10.1.1,3) < 30) OR (2 * XAVG(STOC10.1.2,5) - XAVG(STOC10.1.2,3) < 30 AND XAVG(STOC10.1.2,3) < 30) OR (2 * XAVG(STOC10.1.3,5) - XAVG(STOC10.1.3,3) < 30 AND XAVG(STOC10.1.3,3) < 30) OR (2 * XAVG(STOC10.1.4,5) - XAVG(STOC10.1.4,3) < 30 AND XAVG(STOC10.1.4,3) < 30))

Understanding Stochastics

Bruce can you verify that this is good approach or is there a better approach?

The code is as follows:

if  at least 1 of the bars for the previous 4 days has the %K < %D AND

stoc10.3.1 < xavg(stoc10.3.1,5) or

stoc10.3.2 < xavg(stoc10.3.2,5) or

stoc10.3.3 < xavg(stoc10.3.3,5) or

stoc10.3.4 < xavg(stoc10.3.4,5)

if  at lease 1 of the bars for the same 4 days the %K and %D has been < 30  then

stoc10.3.1 < 30 or xavg(stoc10.3.1,5) <30 or

stoc10.3.2 < 30 or xavg(stoc10.3.2,5) <30 or

stoc10.3.3 < 30 or xavg(stoc10.3.3,5) <30 or

stoc10.3.4 < 30 or xavg(stoc10.3.4,5) <30

I have verified that the above is valid.

Assuming the %K is Simple and the %D is Exponential, then your first section would appear to be correct, but the second section would seem to require four of the ORs to be change to AND as well as the addition of some parentheses to force the ANDs to be evaluated prior to the ORs:

(STOC10.3.1 < 30 AND XAVG(STOC10.3.1,5) < 30) OR (STOC10.3.2 < 30 AND XAVG(STOC10.3.2,5) < 30) OR (STOC10.3.3 < 30 AND XAVG(STOC10.3.3,5) < 30) OR (STOC10.3.4 < 30 AND XAVG(STOC10.3.4,5) < 30)

Bruce...nice catch. That explains why every so often I'm getting unexpected results.

Good job.

You're welcome.