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The formula for stochastic is shown below.
Just change the Closing value with Highs to test your theory
Period = 14;
Stoc = ((High - LLV(Low,Period)) /
(HHV(High,Period) - LLV(Low,Period))) * 100;
%K = MA(Stoc,3);
%D = MA(%K,3);
----- Original Message -----
From: "cipherscribe" <adrian.mollenhorst@xxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, June 25, 2007 3:50 PM
Subject: [amibroker] resilient stochastic values
>I trade intra-day (based on a 30 minute bar) and often find my system
> produces false signals (in terms of backtesting at EOD) as my
> stochastic values of the bar that produced the signal changes over
> time based on subsequent price changes.
>
> For example, if I set a buy signal when my stochastic reaches 80, and
> the price action lifts the stochastic to 80, I enter a position.
> However within that same bar, price subsequently declines, as does the
> stochastic. So the bar closes out after 30 minutes having never
> reached 80 (I assume this is since stochastic operates using closing
> prices, not the high).
>
> So when I backtest at EOD, this position never materializes. This then
> invalidates any longer term backtesting I am using to verify the system.
>
> Has anyone come up with a methodology to workaround this problem, and
> does with work with stochastics? Or is there a way to have stochastics
> use the high, rather than the close. (I think this would resolve the
> issue, but not sure).
>
> Thanks in advance!
>
>
>
>
>
> Please note that this group is for discussion between users only.
>
> To get support from AmiBroker please send an e-mail directly to
> SUPPORT {at} amibroker.com
>
> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
> http://www.amibroker.com/devlog/
>
> For other support material please check also:
> http://www.amibroker.com/support.html
>
> Yahoo! Groups Links
>
>
>
Please note that this group is for discussion between users only.
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SUPPORT {at} amibroker.com
For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
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For other support material please check also:
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