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conflicting stochastic settings

 
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mnorad



Joined: 01 Nov 2004
Posts: 8

PostPosted: Wed Nov 03, 2004 1:15 pm    Post subject: conflicting stochastic settings Reply with quote

Steve in the "How to use TC2000 to find the best candlestick trades" stated to set up the stochastic for 12.3.3... However the daily stock picks uses a different setting... why the difference and what is the exact setting used in the daily stock pick charts so that I can follow your take.

Thanks
Mo
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candlestick1
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Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Wed Nov 03, 2004 1:19 pm    Post subject: stochastics for candlesticks Reply with quote

12 3 3 is what we use for scanning for the best signals, however the charts we use for illustration, which is from Big Charts, have a preset stochastics setting, which is probably 14 5 5. But that should make no difference, use the 12 3 3 on your chart for analysis.
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abbo



Joined: 12 Sep 2004
Posts: 148
Location: australia

PostPosted: Wed Nov 03, 2004 6:53 pm    Post subject: Reply with quote

Have you tried www.stockcharts.com? They seem to give a good selection of indicator settings that I find more user friendly. If you set up a chart, say IXIC, with the display the way you like it , bookmark that page in your favourites then whenever you open that bookmark you will enter the chart as you left it and then all you need to do is punch in a new company symbol and update to get a new chart with your same preferences. Maybe not as good as TC2000 but not a bad freebee
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candlestick1
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Joined: 27 Jun 2004
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Location: Houston, Texas

PostPosted: Wed Nov 03, 2004 10:07 pm    Post subject: Stock trading charts Reply with quote

Yes and I know Big Charts also has the same capabilities, thank you for your info.
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mnorad



Joined: 01 Nov 2004
Posts: 8

PostPosted: Wed Nov 03, 2004 11:40 pm    Post subject: Conflicting Stochastic settings Reply with quote

Thank you all for your replies
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