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Right, but not quite.
Here is a little table.
Sqrt Difference
1320 36.3318
1310 36.19392 0.137882
1300 36.05551 0.138409
1290 35.91657 0.138943
1280 35.77709 0.139482
I have to really really look at it. It probably doesn't amount to a hill of
beans.
Don
Subject: [RT] Re: SquareRootStochastic
> For a % of range indicator like stochastics, I'm not sure I
> understand the logic. SqRt of price still has the same
> proportionality relative to the range of the last X bars as does raw
> price, doesn't it? Am I missing something?
>
> Regards,
> Chris
>
> --- In realtraders@xxxx, Don Thompson <detomps@xxxx> wrote:
> > It was fairly easy to make a square root stochastic in Ensign.
> >
> > The basic concept is to convert the Stochastic high and low range
> to a
> > square root value.
> > Then as the last gets printed for that bar, the close is converted
> to a
> > square root and plotted as
> > a percentage of the square root range.
> >
> > It appears to cross over about a bar quicker than standard
> stochastics.
> >
> > For what its worth.
> >
> >
> > Don Thompson
>
>
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