Stochastic %K and %D

• 06/03/2016 at 3:08 PM #8753
  SydneyFox

  I am trying to set up a screener which looks at the slope of both the %K and %D lines of the stochastic. Rather than looking at the traditional overbought / oversold values. This is along the lines of the “Anti” set up as described in the book Street Smarts by Connors and Raschke where they use a seven period %K with a smoothing parameter of 4 and a 10 period %D.

  I can find stochastic in the proscreener programming guide but can’t see how I can utilise the %K and %D individually.

  Help in coding would be appreciated.

   

   

  

  SydneyFox

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  06/03/2016 at 3:42 PM #8761
  Nicolas

  Because the stochastic instruction return only %K, you just have to make a moving average of your stochastic indicator which is the %D.

  Like this :

  K = stochastic[14,3] D = average[4](K) RETURN K, D

  1 2 3 4

  K = stochastic[14,3] D = average[4](K)   RETURN K, D

  (this is an indicator), but you can get the K and D value in your screener if you like.

   

  

  Nicolas

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  06/04/2016 at 4:18 AM #8784
  SydneyFox

  Thank you Nicolas

  if I want say the %K today to be greater than %K yesterday and %D today to be less than %D yesterday can I write it like:

  %K > %K[1] %D < %D[1]

  1 2	%K > %K[1] %D < %D[1]

  Or would it be more like:

  K = stochastic(14,3) D = average(4)(K) KYday = stochastic[1](14,3) DYday = average(4)(KYday) K > KYday D < DYday

  1 2 3 4 5 6

  K = stochastic(14,3) D = average(4)(K) KYday = stochastic[1](14,3) DYday = average(4)(KYday) K > KYday D < DYday

  Thanks

  

  SydneyFox

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  06/05/2016 at 10:24 AM #8816
  Nicolas

  No, it’s not so complicated 🙂

  You already have in your variable the %D and the %K values, so just compare theses variables between them:

  K = stochastic[14,3] D = average[4](K) if K>K[1] then Kresult = 1 else Kresult = 0 endif if D<D[1] then Dresult = 1 else Dresult = 0 endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14

  K = stochastic[14,3] D = average[4](K)   if K>K[1] then Kresult = 1 else Kresult = 0 endif   if D<D[1] then   Dresult = 1 else   Dresult = 0 endif

   

  

  Nicolas

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  06/05/2016 at 10:36 AM #8817
  SydneyFox

  Awesome. Thanks Nicolas.

  

  SydneyFox

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  01/07/2017 at 3:34 PM #20120
  Brage

  Hi Sydney

  Just curious. Do you use the ANTI strategy in your trading? Have you tried to use it in an automatic trading system?

  

  Brage

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