Stoch Crossover

[ACM]

Harndog

1. Can the the signal against the false bar filter be removed have the option of being "edited" out. For example, a box on edit studies -show signals against the "False Bar" Y/N

First of all which efs are you referring to? The one that plots arrows in the price window or the one that plots them together with the indicator?
Secondly what do you mean by "against the signal"?
Assuming the False Bar is on top is against a cross up or a cross down?

2. Can a second arrow be added to the first signal in the same direction as the false bar?

Not sure I understand what you are asking.
Alex

[Harndog]

Post from Marcus Rinehart on Get Stochastic

Filtering Stochastics and ‘False Bar’ Signals, by Marc Rinehart-- Some Advanced GET user's seem to get confused by the False Bar Stochastics study within the program. It is a straight forward and powerful study that can help improve the usefulness of Stochastics.

Let’s start with ‘classic’ Stochastic Trading: the Stochastic study is designed to indicate when the market is in an overbought or oversold situation. It is based on the premise that when a market's price increases, the closing prices tend to move toward the daily highs and, conversely, when a market's price decreases, the closing prices move toward the daily lows.

For those who like to know these things - A Stochastic displays two lines, %K and %D. %K is calculated by finding the highest and lowest point in a trading period and then finding where the current close is in relation to that trading range. %K is then smoothed with a moving average. %D is a moving average of %K.

A sell signal is generated when you have a crossover of the %K and the %D when both are above the band set at 80 (this is the classic setting but others prefer to use 75). A buy signal is generated when you have a crossover of the %K and the %D when both are below the band set at 20 (again this is the classic setting _ others prefer 25).

Advanced GET has a proprietary indicator that looks to improve on these trading signals. Advanced GET’s Stochastic study employs a ‘False Bar’ indicator as well. Using this is very simple. If Stochastics are giving an overbought or oversold situation these signals are not valid if a False Bar appears above or below the crossover signal.

What’s behind it? The False Bar is a proprietary Stochastics cycle study that can help weed out many of the false Stochastics signals. Currently the strategy is: "If a False Bar appears over the Stochastics signal, you should just ignore the Stochastics signal as if it never existed."

Rule of thumb: The first signal immediately following a false bar is generally a strong signal.


__________________
Marc Rinehart,

[Harndog]

Originally posted by Alexis C. Montenegro
Harndog

1. Can the the signal against the false bar filter be removed have the option of being "edited" out. For example, a box on edit studies -show signals against the "False Bar" Y/N

First of all which efs are you referring to? The one that plots arrows in the price window or the one that plots them together with the indicator?
The one that plots the signal in the price window.

Secondly what do you mean by "against the signal"?
Assuming the False Bar is on top is against a cross up or a cross down?
False bar on top - cross up would be with false bar and cross down would be against the false bar.The reason you do not want to take cross down in this situation is the false bar filter is saying "this market is trending and the data is not mode bias. Stochastic is not valid as the market is too strong for data to revert to the mean.

2. Can a second arrow be added to the first signal in the same direction as the false bar?
See Marcus' explaination. If there is a False Bar at the top, then the first buy signal after this signal is a strong signal. Or said another way you want to "double" buy the cross up with the false buy signal at the top. I tried to mark these on the chart. I apoligize if I was not clear.

Not sure I understand what you are asking.
Alex

Harndog

[Tomcat8]

Alex,

is it very complicatet to include a pop up window and a sound message in the stochastic (windings)?
Do you have a link for me where I can learn to include this in an actual study?

Tomcat

[Harndog]

Non- Price study

Alex:
Can you please add arrows on the crossovers to your getstochastic(alerts).efs? Thank you and I apologize for not being more clear earlier about this feature.

Harndog

[fabrizio]

This Is A Key Point that 99% of the time is overlooked by the users ,.

Rule of thumb: The first signal immediately following a false bar is generally a strong signal

[Tomcat8]

@fabrizio

What do you mean exactly?

Tomcat

[ACM]

Tomcat
The attached efs triggers an alarm and an alert window when at the close of the bar the Stochastic has crossed. The arrows however still plot in real time.
Alex

NOTE: The attached efs requires a subscription to the AdvancedGET studies

[Harndog]

Re: Reply to post 'Stoch Crossover'

Alex: Can the arrows be in the non-price study? So, the the non price study
would have arrows and alerts in the non price study.
Thank you,
Harndog

-----Original Message-----
From: <[email protected]>
To: [email protected]
Date: Mon, 12 Jan 2004 06:40:27 -0800
Subject: Reply to post 'Stoch Crossover'

> Hello Harndog,
>
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
>

[ACM]

Harndog
The attached efs adds the arrows in the indicator pane.
Alex

NOTE: The attached efs requires a subscription to the AdvancedGET studies

[Harndog]

Alex - Thank you!

Thank you, Alex.
Harndog

[Tomcat8]

Thank you.

Tomcat

[Tomcat8]

Now I tried. I get a syntax error.
Line 73: is not enabled. I think I know why.
Its the GET stochastic. Is this formula possible for normal stochastic. Harndog has a subscription. I dont.

Thanks

Tomcat

[ACM]

Tomcat

Do you have a link for me where I can learn to include this in an actual study?

All the information related to EFS including examples and tutorials can be found in the EFS Help Center and Library.
Hope this helps
Alex

[ACM]

Tomcat
Which formula in particular are you referring to?
Alex