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Supposing in Metastock 11 want to display the fast Stochastic weekly and want to plot it on daily charts-- how do I go about it.
I suppose you have to write a custom code.
Could someone code it for me?
Please write the code in such a way that indicators like Bollinger Bands,Moving average
etc can be substituted for Stochastics
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Originally Posted by: gorachand Supposing in Metastock 11 want to display the fast Stochastic weekly and want to plot it on daily charts-- how do I go about it.
I suppose you have to write a custom code.
Could someone code it for me?
Please write the code in such a way that indicators like Bollinger Bands,Moving average
etc can be substituted for Stochastics
Hello, You might check out https://forum.metastock.com/posts/t144383-Weekly-Indicators-on-a-Daily-Chart to see if this might be helpful (Patrick's reply in particular).
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Thank you for your reply--I will certainly check it out
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Rank:: Advanced Member
Groups: Registered, Registered Users Joined: 2/19/2012(UTC) Posts: 106
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I have tried out Patrick's formula for weekly stochastics on daily data.It differs a lot from the one in TradingView.Also the indicator plots in a stepladder fashion and is not smooth.
Could someone please correct the code?
I need it to run a simulation in the System Tester.
Awaiting your reply
Regards,
Sourav Edited by user Wednesday, August 30, 2023 4:51:11 PM(UTC)
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Rank:: Advanced Member
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Changing the parameters from 14,3 to 70,3 helps.Perhaps the parameter 3 should be changed as well.Could someone tell me by how much?
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Rank:: Advanced Member
Groups: Registered, Registered Users Joined: 2/19/2012(UTC) Posts: 106
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Could someone please reply?
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