Stochastic

[hhooper]

Hi, can someone point me in the right direction??
Ive searched through the BB archives and tried to edit the existing Stochastics formualae (builtin and Dinapoli) but can't seem to get a Stochastic (9,3,3) that caters for simple moving average and the (high-low)/2 instead of the Close.
I understand that the Builtin Stochastic provides the SimpleMA version but there's no where that I can change the formula to use (High-Low)/2 instead of Close.
The Dinapoli Stocastic I think uses the Exponential MA version and although Ive tried to put (High-Low)/2 instead of Close at the end of the programme it doesn't work.
So, if anyone has a Simple MA version of the Stochastics formula, do they know how I can change the Close to be (high-Low)/2 ????

Thanks

[eSignal_JasonK]

Hello hhooper,

I believe all you need to do is change the following line (line 44 in \eSignal\Formulas\Library\StochasticK.efs):

        percentK = ((close - ll) / (hh - ll)) * 100; 

to this:

        percentK = ((((high()-low()) / 2) - ll) / (hh - ll)) * 100; 

The same logic would also apply to the DiNapoli formula.

[hhooper]

Stochastic not working

Hi Jason, thanks for your reply. I cut and pasted the new statement in the %K efs and also changed the default values of 14/1/3 to 9/3/3. I changed the 933 in the other 3 efs (ie %d and HH & LL, under the Library studies). I changed the builtinStoch.efs as well from 14/1/3 to 9,3,3.
However, the lines still look too smoothed. More importantly, when I selected the Stochastic under Basic studies to put it on my chart it said 14/1/3 !!!
I changed these parameters again under Edit sudy, but I'm wondering if I'm really getting the edited changes you told me to do!?
Also, when I tried similar under the Dinapoli formula the stochastic does not run from 0-100 it runs from -8000 to -22000!
I know this is something easily rectified but Im not sure what to do. Can you help?? By the way just to put this in perspective I'm trying to replicate some Stochastics that the trader "Buffy" uses under her MOF/Sling web site at www.dacharts.com. She uses Ensign software to produce the Simple moving average Stochastics. I'm comparing screen shots for $INDU.
Many thanks

[eSignal_JasonK]

Hello hhooper,

The Stochastics study under "Basic Studies" is a built-in study. The EFS formulas you are editing do not affect the built-in study. To see the effects of your editing, run \Formulas\Library\StochasticK.efs and StochasticD.efs.

In the Dinapoli formula, if you plug in some numbers and calculate a few data points manually, you'll see that the output you're getting is logical based on the inputs. Not sure what you are expecting to see, but the math works out according to the change you requested.

I didn't see any specific instructions on the MOF / Sling web site. If you can point me to a more specific link, I'll take a look at it.