V. 11:2 (101-101): Traders' Tips

V. 11:2 (101-101): Traders' Tips
Item# \V11\C02\TRADERS.PDF
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Product Description


MetaStock 3.0

Using the built-in stochastic function: MetaStock 3.0 users can use the built-in stochastic function to combine multiple-length stochastics as discussed by Stuart Meibuhrin the December STOCKS & COMMODITIES article "Multiple-length stochastics." For example, I built a custom formula as shown below:


to use a combined 30-, 60- and 90-day stochastic. I smoothed the stochastic heavily to see the underlying trend. Users can try different combinations to identify important tops or bottoms. One example is Figure 1 using the Standard & Poor's 500 index.

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