Full stochastics

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Full stochastics

Postby Algyros » 21 Jan 2010

is "Full Stochastics" available as an indicator? If not, is it possible to convert fast or slow sto to full?

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Postby TJ » 22 Jan 2010

both Fast and Slow Stochastic indicators that come with MC are FULL stochastics.

see here for more information on stochstics
http://stockcharts.com/school/doku.php? ... oscillator

glen demarco
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Postby glen demarco » 22 Jan 2010

I've heard of fast and slow but do you have any specific information on "full"?

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Postby geektrader » 22 Jan 2010

There is no "Full Stochastic". Stochastic always consists of FastK SlowK FastD and FastK, if you combine them together, you will have 4 "lines" in the indicator. But there is no "single line" "full stochastic" indicator.

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Bruce DeVault
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Postby Bruce DeVault » 24 Jan 2010

According to some commonly used definitions, the difference between a slow and full stochastic is that a slow %k by definition is a 3 bar SMA of fast %k, while a full %k can be any period SMA of a fast %k. This is a matter of convention, and most platform vendors have simply made it adjustable (and thus, a full stochastic) rather than enforcing that it's 3, as it was originally defined for what a slow %k would be.

So, in this sense, if you accept that a "slow %k" is adjustable in period, you're really talking about a "full %k" according to the above definition, and there's no separate indicator required. You've simply elected to use slow %k in a way different than it was originally envisioned (which was a specifically 3 period smoothing).

For an outside reference on this, try looking up stochastic oscillators on stockcharts.com or any of a number of technical analysis websites.

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