Here is this month’s selection of Traders’ Tips, contributed by
various developers of technical analysis software to help read-ers
more easily implement some of the strategies presented.
Internet users will also find these and some previous Traders’
Tips on our home page at http://www.traders.com.
TRADESTATION / SUPERCHARTS
In this issue’s interview with Robert Zellner, Zellner describes
a stochastic oscillator model with a fixed-bar exit. To
create an indicator and system based on this model in
TradeStation, we first need to create a function to calculate
the %K and %D stochastic oscillator lines as Zellner described
them. This function can be created in the Power
Editor using the EasyLanguage shown below: