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Tradestation's SlowK may not equal to FastD - Help
I don't know why it did not go with the post last time. I'll try again.
I had deleted the earlier file, so now I created new ones to attach again. Hope it works this time.
I don't need to use EL code to export data. On the TradeStation chart, I just click on the chart and choose View Data Window. Then choose View All (instead of just one bar); then Save.
You are welcome.
I understand your code (good coding), but don't understand why you would create that indicator (which is essentially the SMA of the Linear Regression Value of SlowK of price). I plot that next to a regular TradeStation indicator SlowK(3,3), I find them about 98% matching each other in shape and turns.
By the way, how do you use the indicator in trading?
Four Steps to Trading Success: Using Everyday Indicators ... http://www.google.com/search?tbo=p&tbm=bks&q=isbn:0471414824
John F. Clayburg - 2001 - Business & Economics
This system will use the standard slow stochastic 14-period indicator, with an ... Buy orders are generated when the Slow K line crosses above the Slow D line ...
Four Steps to Trading Success: Using Everyday Indicators ... http://www.google.com/search?tbo=p&tbm=bks&q=isbn:0471414824
John F. Clayburg - 2001 - Business & Economics
This system will use the standard slow stochastic 14-period indicator, with an ... Buy orders are generated when the Slow K line crosses above the Slow D line ...
Good book. When I bought this same book from John in his live seminar many years ago, he autographed it for me.
The use of stochastic from his book does not require anything like the "Linear Regression Value" function you first showed in your request. The generic Stochastic-Slow indicator already provides both the SlowD and the SlowK for the cross-over analysis.
One caution in testing this idea you mentioned: the method works ok in a sideways market. It sucks if against a strong trend. That's why in John's book (Chapter 10 ?) he provided a method to project if the trading day is likely to be up, down or sideways. However, that's just for day-trading.