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Re: Stochastics 'Pop'



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On Mon, 05 November 2001, "Nick Channon" wrote:

>>Can anyone please provide an expert to detect the Stochastics 'Pop' ? I think it was defined by Larry Williams - the idea is to go long just when the stochastics moves into overbought / go short just when the stochastics moves into oversold. Whilst it may sound illogical, it apparently has a reputation for bringing a small but reasonably reliable profit.
 
Many thanks,
Nick                                                                                                          ****************REPLY SEPARATOR************************                      Nick,I just wanted to add that according to a tradestation system tests reports ,STOCHASTIC POP,used like Jake describes(the popular use of it) has worked well in currencies and eurodollars but not too great in other commodities.     Anyhow just a little something I thought I'd add.........................Len.


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