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Hello T.J. , and all, First, if any one has any
reference to the proper calculation of Stoch%K please post it.And, I'm no
expert, but when I put one and one together, something didn't add up. So, here
it is;In the AFL Function reference it states that STOCHK has built in
(with internal slowing 3).STOCHK SYNTAX stochk( periods = 14 )
RETURNS ARRAY FUNCTION Calculates the %K line of Stochastic
Oscillator (with internal slowing 3). EXAMPLE The formula "stochk( 5 )"
returns the value of a 5-period %K slowed down 3 periods.
__________________________________________This is from the Window on
Wall Street user guide;One must wonder why a smoothed component would have a
different name, but you should understand that %K is the primary indicator and
%D and %D slow are merely smoothed values of the original %K. In other words,
you could plot %K and then put a 3-day moving average of it on the plot andthat
would be %D. The different types of Stochastic Oscillators are as follows:
Stochastic Oscillator (exponential)Stochastic Oscillator
(simple)Stochastic Oscillator
(weighted)__________________________________________
In VarexList I saw thisstochKw = StochK(13);and
wondered if StochK(13) was really StochD(13) because of StochK's internal
slowing, meaning we don't really have a StochK at all.And then I saw
thisstochDw = EMA( StochK(13), 3);and thought that Jaco was trying to
slow a real StochK that wasn't already slowed, to slowing with a moving average
of his choice in order to make a StochD using an EMA slowing. If StochK is
already slowed, then what Jaco has done is slowed a real StochD
again.__________________________________________I think this StochD
would be good if it is not based on a StochK that is already slowed, but the
reference should include a statement as to what kind of slowing has been applied
to it I.E.(exponential,simple,weighted), so the user won't have to make an EMA(
StochK(13), 3) when that's what StochD is already using.STOCHD SYNTAX
stochd( periods = 14 ) RETURNS ARRAY FUNCTION Calculates the
%D line of Stochastic Oscillator (with internal slowing 3). EXAMPLE The
formula "stochd( 5 )" returns the value of a 5-period %D slowed down 3 periods.
__________________________________________I was comparing graphs and
usingStochKwas the same as usingStoch (Stoch
with no K or D)Can you make one of these functions (StochK or Stoch) a
StochK with NO internal slowing?And, can you tell us if StochD is usingan
already slowed StochK as reference for its calculations?
Thankyou,Brian
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