The stoch setting follows George Lane. I review his video weekly and this is his setting. I scan my watchlists for charts with stoch crossing up and if macd confirms the move I check the weekly view. Sometimes I’ll scan the weekly views first to see what is just turning up and then usually buy the stock if the daily view is good. The best time to get in is if both views show a stock beaten down to the 20% line and daily and weekly are now crossing up. The second best time is if the stoch is crossing up and approaching the 75% area and the macd is crossing up and at or above the center line on the macd screen. This is the time for a pop in price. A most recent example is LSI.

I owned this at around 16 using my initial scans of macd and stoch and just added to the position on 3/30 @ 28.25 because it showed the potential for a pop. Within a couple of days the stock jumped 3 points. It’s not foolproof—I toggle between tab 11 and namvet34 tab 12 to confirm my buy signals. I have some trouble with selling signals but just try to sell if the downward crossing of stoch is confirmed by the macd crossing downward. If the weekly view changes to a downward crossing, I always sell. Or sometimes if a stock is really moving up and I have a great profit, I place a mental stop 7% below the highest close during my ownership of the stock. If a stock drops 7% from its highest close, it usually continues to drop, or so it seems with stocks I purchase. I still can’t figure out how to write a scan for my signals, though. As it is, I scan different watchlists I have set up and just keep trading. Comments welcome. Happy trading. L.