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Full Stochastic 20 to 50 crossover
Hello,
I try to learn by watching the discussions as opposed to asking questions. Is it not as popular as a other scans? Questions and results on full Stochastic line crossover question between 20 and 50 are old and run into many page not found? I am having difficulty writing a scan to find a crossover between 20 and 50 on a full with 14,3,3 parameters. Is it not a used a great deal in coordination with other indicators? I see a great deal of information above the 50 mark.
Thank you for any assistance as this is a great place for information.
Appreciative,
Michael
Mkoenning1@gmail.com
0
Comments
It's not quite as straightforward as it seems.
The first condition is pretty straight forward - just %K crosses above %D.
and [Full Stoch %K(14,3,3) x Full Stoch %D(14,3,3)]
So that says, yesterday %K was less than %D and today %K is more than %D.
Now, when you say the crossover was between 20 and 50, what do you mean?
Remember, both %K AND %D have changed values since the previous bar. %D may have been below 20 yesterday, or, it may be above 50 today. Do those instances count?
So, if %D was less than 20 yesterday, but above 20 today, do you want to include it?
If yes, then write
and [Full Stoch %D(14,3,3) > 20]
if no,
and [1 day ago Full Stoch %D(14,3,3) >20]
Then, if %D was less than 50 yesterday, but above 50 today, do you want to include it?
If yes,
and [1 day ago Full Stoch %D(14,3,3) < 50]
if no,
and [Full Stoch %D(14,3,3) < 50]