Stochastic PCF's Scan
for stochastics crossing up through 80 Stochastic indicator: I've come up with what I consider fairly reliable indicators using stochastics applied to 4-day and 9-day bars. Buy indicator: 200.40<30 on the 4-day and 450.90<20 on the 9-day. Sell indicator: 200.40<65 on the 4-day and 450.90>80 on the 9-day. Stochastic Crossover Point(babynuke) Wrote this the other night and although it tested true it wouldn't show up true even on the stock it tested true. Thought I had done somethng wrong, but tonight it worked like a champ giving 253 out of 8947 stocks. I call this PCF the "Namvet Buy Point" since it pinpoints the crossover point on your middle window of stochastics 26-9-12. Credit must be given to wellmax2 and his post #1462 for the initial idea behind this approach. Thanks wellmax2! (STOC26.9.1 < ((STOC26.9.1 + STOC26.9.2 + STOC26.9.3 + STOC26.9.4 + STOC26.9.5 + STOC26.9.6 + STOC26.9.7 + STOC26.9.8 + STOC26.9.9 + STOC26.9.10 + STOC26.9.11 + STOC26.9.12) / 12)) AND (STOC26.9 > ((STOC26.9 + STOC26.9.1 + STOC26.9.2 + STOC26.9.3 + STOC26.9.4 + STOC26.9.5 + STOC26.9.6 + STOC26.9.7 + STOC26.9.8 + STOC26.9.9 + STOC26.9.10 + STOC26.9.11) / 12)) STOC8.3 Scan(DanielExtreme) Here is a scan that pulled up some nice breakouts. STOC8.3.3<80 AND STOC8.3.2<80 AND STOC8.3.1<80 AND STOC8.3>80 AND V>1000. From these hits I scrolled through and looked for good BOP, TSV and Moneystream. Weekly Stochastics(babynuke) Try this: (((STOC45.25 > STOC45.25.1) AND (STOC45.25.1 > STOC45.25.2) AND (STOC45.25.2 > STOC45.25.3)AND (STOC45.25.3 > STOC45.25.4)) AND (((STOC45.25.1) < 30) AND ((STOC45.25) >= 30))) It produces a few aberrations, but overall seems to work pretty good if I understand what you are looking for correctly. Credit to stock_chartist for "calibrating indicators" to fit different time frames. I m playing with your charts(cpratsch) Two PCFs for EASYSCAN: 1) (STOC 26.9 - STOC26.9.3); this gives stocks whose stochastic curve 26.9 has moved over 3 days. One has to set the amount of change by the sorting process (blue gismo, like 0-maximum) to have them move up. 2) (STOC 8.4 - STOC 8.4.2). The same as above. One can play with the number of days involved. Now one gets some ?1200 stocks and probably likes to reduce their number. One can add some volume formula, or the "Price Growth Rate x years" to get continuously rising stocks, or one can add another scan: 3) (STOC26.4) and sort for stocks whose stochastic curve is not yet too high (?20-55 or so)...I got me watch lists with some 50 stocks that way and will paper trade for a while. These curves all look darned good, surprising at this market lull. All turn up. The question is to guess which ones are the healthiest and will run farthest; not much help to expected here except from volume-including indicators like volume itself, BOP, TSV, Money Stream. These two stochastic curves of you also are great for sell signals, I add BOP and a short RSI like RSI3.3 on one tab to help out for this purpose, plus volume in reverse. I was using stochastics 14 and 4; your 26 and 8, however, are more apart, they much better show the effects of a long time and a short time trend. This is the key here. Weekly Stochastic(Carpe9Diem) here is pcf for weekly stochastic 26.9: (AVGC.5 - MINL130.5) / (MAXH130.5 - MINL130.5) * 100 I have checked it against other programs and seems to be accurate to +/- 1 Stochastic 8-4-6 SK crossing SD(babynuke) Here's the formula: (STOC8.4.1 < ((STOC8.4.1 + STOC8.4.2 + STOC8.4.3 + STOC8.4.4 + STOC8.4.5 + STOC8.4.6) / 6)) AND (STOC8.4 > ((STOC8.4 + STOC8.4.1 + STOC8.4.2 + STOC8.4.3 + STOC8.4.4 + STOC8.4.5) / 6)) Please note that this is using SIMPLE moving averages while Namvet's settings use EXPONENTIAL moving averages for the bottom window. If someone knows how to program the formula to use Exponential please let me know! I get zero hits today, will wait to see how it works after Monday's download. Fast Stochastics (% D)(ejr39) Charting Stochatics, both %K and %D, using Tab# Indicator settings is straight forward. For example: the canned Technical Stochastic Short-term-H . In a Tab# Indicator Editing window . . .<Add Indicator > <Stochastic> In the Stochastic window, . .Period 12 . .SK Period 5 . .SD Period 1, 2, 3 (for this exercise, the number isn't important) . .SK Drawing Color Red . .SD Drawing Color Black Or, > bigcharts.com defaults for fast stochs (5,5) < . In a Tab# Indicator Editing window . . .<Add Indicator > <Stochastic> In the Stochastic window, . .Period 5 . .SK Period 5 . .SD Period 1,2,3 (for this exercise, the number isn't important) . .SK Drawing Color Red . .SD Drawing Color Black Writing a fast Stochastic 5.5 PCF is simple: (Stoc5.5.1 < 20) Stochastic 5.5 yesterday is less than 20% AND (Stoc5.5 > 20) Stochastic 5.5 today is greater than 20% Or Using the Formula Window's Function List Stochastics Window Period 5 SK Period 5 As of yesterday LOGIC OPERATOR: Less than Type: 20 LOGIC OPERATOR: AND Stochastics Window Period 5 SK Period 5 As of today LOGIC OPERATORS: Greater than Type: 20 ** The Stochastic PCF's third number refers to the number of days ago included in the calculation - NOT % D ** Slow Stochastics(% D)(ejr39) Formulas for Fast Stochastic crossing a % point (Stoc5.5.1 < 20) AND (Stoc5.5 > 20) or a Fast Stochastic turning (Stoc5.5.1 < Stoc5.5.2) AND (Stoc5.5 > Stoc5.5.1) are simple and straight forward. ** Again, the Stochastic PCF's third number refers to the number of days ago included in the calculation - NOT % D If your strategy includes a fast stochastic (%K) crossing a slow stochastic (%D), how does one calculate the slow stochastic using TC2000's fast PCF formula? For example, the stochastics from BigDog Bounce: STOC7.3 AND STOC28.3 Using TC2000 version 3, Jerry Gatto (aka BigDog) build a strategy that included the Stochastic Period 7; SK Period 3; SD Period 10. How did BigDog figure out that the slow stochastic, SD Period 10, could be approximated with the fast Stoc28.3? Trial and Error? Logic? STOC 7.3.10(yhfeb57) For STOC 7.3.10, %K=STOC7,3 %D=AVG(STOC7.3,10) As an example, a PCF to show STOC crossing 50% : STOC7.3.1 < 50% and STOC7.3 > 50% For a PCF to show %K crossing %D : (STOC7.3.1) < (AVG(STOC7.3.1,10)) AND (STOC7.3)> (AVG(STOC7.3,10)) %D value/formula(Carpe9Diem) This is the formula for finding the %D (slow stochastic)value for Stoc26.9: AVG(STOC26.9,12) Notice that there is a "comma" between the 9 and the 12. 12 is the SD value. I have not tested any other stochastics besides stoc26.9 and stoc8.4 but it seems to be accurate within a +/- 1. just replace stoc26.9 with what ever stochastic you like to use. Stochastic(yhfeb57) Please refer to the TC2000 formula examples. Their example for a stochastic of period 12 and MA of 5 is (STOC12.5). This is %K. The 3rd number showing exclusion of today's value is shown as (STOC12.5.1). Finding %D requires finding a MA of the %K. Hence in my formula the average for a period of 7 and a MA3(%K) and MA10(%D) is (AVG(STOC7.3,10)). The same calculation excluding today's value is (AVG(STOC7.3.1,10). For more information on Stochastics look at the: " Supplemental Users Guide". |