Setting the Stochastic Price Source...

[rwd1971]

Anyone know how i can set a Stochastic to work off of a price source of OHLC/4?

Thanks.

[ACM]

rwd1971
Click here and download StochasticOf_Montage.efs
Alex

[rwd1971]

Thanks... I noticed that there is only a Simple and Exponential setting for the MA and no Smooth? Do you have any ideas where I can find some info on immplenting this into the EFS?

TIA


if(MAType=="Exponential"){
if(aValue[LengthD-1] != null)
vEMA = EMA(LengthD, aValue);

return new Array (sum,vEMA);
}
else if(MAType=="Smooth"){
//code to be added here

return new Array (sum,vSMA);
}
else{
return new Array (sum,vSMA);
}

[ACM]

rwd1971
What script are you referring to?
I don't see that portion of the code in the efs I suggested
Alex

[rwd1971]

The 1 u suggested is the 1 i am using... look down near the end of the main() function...

Thanks for your time...

[ACM]

rwd1971
What line numbers?
Alex

[rwd1971]

Should be line 603 for the start...

Thanks

[ACM]

rwd1971
This is what I see in lines 600-610

 var vSMA = nSum/LengthD;
    
    
    if(MAType=="Exponential"){
        if(aValue[LengthD-1] != null) vEMA = EMA(LengthD, aValue);  
        return new Array (sum,vEMA);
    }else{
        return new Array (sum,vSMA);
    }
    
} 

There is no section

else if(MAType=="Smooth"){
//code to be added here

return new Array (sum,vSMA);
}

that I can see.
Alex

[rwd1971]

Yes that's what is there.... what I am trying to do is add some code to that section so that it can calculate a Smooth option. I noticed that MAType does not have this as an option though so I would have to code something up myself and don't have a clue on where to start.... hoping maybe you do!

ie.


if(MAType=="Exponential"){
if(aValue[LengthD-1] != null) vEMA = EMA(LengthD, aValue);
return new Array (sum,vEMA);
}else if(MAType=="Smooth"){
//add code here to calculate smoothing...
return new Array (sum,vSMA);
}else{
return new Array (sum,vSMA);
}

[ACM]

rwd1971
"Smooth" is not a specific type of moving average like "Simple" or "Exponential", etc. All it means is that the plot is being smoothed by applying an average to it. In the Stochastic that is usually done to %K which is already happening in the efs I suggested. The "Simple" or "Exponential" option instead is used to create %D
If you want a Stochastic with %D smoothed then see this thread where Jason has already posted several variations (StochWithDslow.efs for example).
Alex

[ACM]

rwd1971
In addition to the studies at the link I provided in my prior reply you may also want to see this thread which shows you how to create a Stochastic with smoothed %D using only the Formula Wizard.
Alex

[rwd1971]

Thanks I'll check that out...

BTW would there be an EFS file you could give as an example to follow?

[ACM]

rwd1971
In the thread I indicated in my last message you will find an efs that was done with the Formula Wizard. open it using that tool to see how it was created.
Also see this thread for a brief guide on how to create studies on studies using the Formula Wizard
Alex