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--- In amibroker@xxxx, "Dimitris Tsokakis" <TSOKAKIS@xxxx> wrote:
> Jim, Thierry and others,
> Everything is fine, when preliminary conditions are valid.
> What about the attached gif ?
> Stochastic Crossed 20 on Feb 99 and came back mid Nov 99 !!!
> Hope this contributes.
Dimitris,
A stochastic that stays high for a long time is a characterstic of a
stock that is locked in a long upwards trend.
Candlestochastics looks for overbought and oversold stocks, not
trending stocks. You might be able to find dips in a trend by
replacing stochastics with MACD in the CandleStochastics code.
Regards,
Jim Varney
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