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Remember, Ben: There are no stupid questions.
Only stupid questioners! :-)
I don't know that there IS a simple answer to this question, but this
is what I think.
First, decide how often you want to trade. If you are comfortable
holding a stock for six months to a year, then use long-period
oscillators. But when you decide to sell, you might want to use a
shorter period to pick the day.
If you like to hold a stock for only a week to a month, use a
short-period oscillator. The shorter the better, but long enough to
filter out noise.
I use Stochastics(9,4,4), and RSI(9) for buy and sell signal timing.
But I use trendlines more.
On Wed, 30 Jul 1997 13:07:57 +1000, Ben wrote:
>Giday from Australia
>
>This is my first entry and the question is a pretty dumb one.
>How do you work out how many days you put in for the formulas for the
>RSI and the Stochastic Oscillator.
>
>I am using 13 for both and this seems to work. I wondering if some one
>out there can tell me how they work out what numbers to use.
>
>
>Also with open interest, how do you get graphs of these. This is in
>relation to options.
>
>Thanks in advance.
>Ben
>
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