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There has been a lot of discussion on formulas tonight. I am new to formula
thing and would like some help converting this into a Explorer formula.
The Stochastic oscillator is a momentum or price velocity indicator
developed by George Lane.
K=[C-L)/(H-L)]8100
Where:
K = Lane's Stochastic
C = latest closing price
L = then-period low price
H = the n-period high price
Additionally, Lane's methods specifically required that the K be smoothed
twice with three-period simple moving averages. Two other calculations are
then made:
SK = three period simple moving average of K
SD = three period simple moving average of SK
Dave "I read the manual" Tally
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