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Stochastic "Multiple" Crossover formula required...
Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users Joined: 3/9/2007(UTC) Posts: 35
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Hello fellow traders,
This is what i'm looking for... The basic thing is Stochastic(14,3,3) with %K & %D cross when it is in 80/20 zone. But i wish to know the formula when %K & %D gives crossover again for the second time without having dipped below/above 80/20 levels. Its like 2 consecutive crossovers. A situation may contain 3 consecutive crossovers or perhaps more than that as well.. But formula for 2 consecutive is required..
Here is the link bearing the charts for better explanation...
http://img64.imageshack....64/569/multiplecross.png
What i wish to have is both Exploration formula & Expert Advisor..
Best,
Nishant
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 5/13/2005(UTC) Posts: 715 Location: Midwest, USA
Was thanked: 1 time(s) in 1 post(s)
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You're going to have to explain that better.
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users Joined: 3/9/2007(UTC) Posts: 35
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yes, i understand.. and i wish there was an option to upload charts.. that would have made the things clearer...
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users Joined: 3/9/2007(UTC) Posts: 35
Thanks: 1 times
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Rank: Advanced Member
Groups ready for retrieval: Registered, Registered Users, Unverified Users Joined: 7/12/2007(UTC) Posts: 134 Location: Perth Western Australia
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StochK: = Stoch(14,3);
StochD: = Mov(StochK,3,S);
EventxDK: = StochK >= 80 AND Cross(StochD,StochK);
CountxDK: = Cum(EventxDK);
ResetxDK: = Cross(80,StochK);
CounterxDK: = CountxDK - ValueWhen(1,ResetxDK,CountxDK);
EventxKD: = StochK "less than or equal to" 20 AND Cross(StochK,StochD);
CountxKD: = Cum(EventxKD);
ResetxKD: = Cross(StochK,20);
CounterxKD: = CountxKD - ValueWhen(1,ResetxKD,CountxKD);
If(Cross(CounterxDK = 2,0.5),1,
If(Cross(CounterxKD = 2,0.5),-1,0))
Please substitute the symbols to replace "less than or equal to" 20 in line 7 of the code.
Interpretation of output:-
A "1" is recorded on the bar when %D crosses above %K twice whilst %K is greater than or equal to 80,
a "-1" is recorded on the bar when %K crosses above %D twice whilst %K is less than or equal to 20 and
a "0" is recorded on all other bars.
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users Joined: 3/9/2007(UTC) Posts: 35
Thanks: 1 times
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@oztrader... sorry but am unable to make it work.. i tried to put the code in both Exploration and EA... but some error is coming... how to make it work?...
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Rank: Advanced Member
Groups ready for retrieval: Registered, Registered Users, Unverified Users Joined: 7/12/2007(UTC) Posts: 134 Location: Perth Western Australia
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Create a new indicator called "Stochastic x 2" and copy the code above into the new indicator and remember to change line 7 to use symbols as per my post.
Insert the indicator in a new inner window on the chart of a security and use the "Interpretation of Output" from the above post to explain what a 1 or -1 means.
When you run an Exploration try the following:-
{ColA} Fml("Stochastic x 2")=1 {x's in overbought area}
{ColA} Fml("Stochastic x 2")=-1 {x's in oversold area}
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 5/13/2005(UTC) Posts: 715 Location: Midwest, USA
Was thanked: 1 time(s) in 1 post(s)
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OK, I think I've got it: _Stochastic StochK:=Stoch(5,3); StochD:=Mov(StochK,3,S); {* Sell *} CrossSell:=Cross(StochD,StochK) AND Ref(StochK>80,-1); CrossCount:=Ref(BarsSince(CrossSell),-1); flag:=CrossCount<BarsSince(Cross(StochK,80)); Sell:=CrossSell AND flag; {* Buy *} CrossBuy:=Cross(StochK,StochD) AND Ref(StochK<20,-1); CrossCount:=Ref(BarsSince(CrossBuy),-1); flag:=CrossCount<BarsSince(Cross(20,StochK)); Buy:=CrossBuy AND flag; If(Buy,1,if(Sell,-1,0)); It should look like this: For the Exploration, use FML("_Stochastic")=1 for BUY, FML("_Stochastic")=-1 for SELL. Same for the Expert SYMBOLS tab. If you want to do TREND or HIGHLIGHTS, we'd have to add code to filter signals.
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 5/13/2005(UTC) Posts: 715 Location: Midwest, USA
Was thanked: 1 time(s) in 1 post(s)
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For future reference, you can drag 'n drop graphics to imgur.com, then use the "Messages Boards" option to copy & paste into the message.
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users Joined: 3/9/2007(UTC) Posts: 35
Thanks: 1 times
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Thank you so much for the codification... It is of immense help!
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users Joined: 3/9/2007(UTC) Posts: 35
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I'd been progessing with research on the same technique and realized that "Triple Cross" is working better than the "Double Cross"...
Johnathon's codification is behaving the exact way resulting in plotting of Double Crosses...
But how the same can be modified so as to yield "Triple Crosses" as against Double as it is providing more utility... I tried to modify but failing to get the results... I'm certainly failing to understand the logic behind formula creation...
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Rank: Advanced Member
Groups ready for retrieval: Registered, Registered Users, Unverified Users Joined: 7/12/2007(UTC) Posts: 134 Location: Perth Western Australia
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Create the following as an Indicator and attach it to a chart in a seperate inner window (The indicator output will be obvious):-
Stochastic_Cross_Counter
Code:
StochK:=Stoch(14,3);
StochD:=Mov(StochK,3,S);
EventxDK:=StochK>80 AND Cross(StochD,StochK);
CountxDK:=Cum(EventxDK);
ResetxDK:=Cross(80,StochK);
CounterxDK:=CountxDK-ValueWhen(1,ResetxDK,CountxDK);
EventxKD:=StochK<20 AND Cross(StochK,StochD);
CountxKD:=Cum(EventxKD);
ResetxKD:=Cross(StochK,20);
CounterxKD:=CountxKD-ValueWhen(1,ResetxKD,CountxKD);
If(StochK>80,CounterxDK,
If(StochK<20,CounterxKD,0))
In EXPLORATIONS use:-
Scan for Overbought
Code:
FmlVar("Stochastic_Cross_Counter","COUNTERXDK")=3
Scan for Oversold
Code:
FmlVar("Stochastic_Cross_Counter","COUNTERXKD")=3
You can also use the same code for EXPERT HIGHLIGHTS and SYMBOLS.
If you decide to test "Quadriple Crosses" then all you need to do is change the EXPLORATION from =3 to =4
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 5/13/2005(UTC) Posts: 715 Location: Midwest, USA
Was thanked: 1 time(s) in 1 post(s)
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Oz -- For some reason, I'm only getting this today, 22 Aug 11, but it says it was posted 29 Jun 11.
Aside from the "slight" delay, the system seems to have messed up your code, too. Could you check & repost?
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 5/13/2005(UTC) Posts: 715 Location: Midwest, USA
Was thanked: 1 time(s) in 1 post(s)
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Since the forum seems to have messed up oztrader's code, will attempt to repost:{* Stochastic_Cross_Counter *}StochK:=Stoch(14,3);StochD:=Mov(StochK,3,S);EventxDK:=StochK>80 AND Cross(StochD,StochK);CountxDK:=Cum(EventxDK);ResetxDK:=Cross(80,StochK);CounterxDK:=CountxDK-ValueWhen(1,ResetxDK,CountxDK);EventxKD:=StochK<20 AND Cross(StochK,StochD);CountxKD:=Cum(EventxKD);ResetxKD:=Cross(StochK,20);CounterxKD:=CountxKD-ValueWhen(1,ResetxKD,CountxKD);If(StochK>80,(StochK>80)*CounterxDK,If(StochK<20,(StochK<20)*-CounterxKD,0))
Explorations & Experts ---------------------- {* Scan for Overbought *}Fml("Stochastic_Cross_Counter")=3 { Triple cross }
{* Scan for Oversold *} Fml("Stochastic_Cross_Counter")=-3 { Triple cross }
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Rank: Advanced Member
Groups ready for retrieval: Registered, Registered Users, Unverified Users Joined: 7/12/2007(UTC) Posts: 134 Location: Perth Western Australia
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Thanks for doing that on my behalf Johnathan.
Hopefully I will eventually be able to post code which includes the "less than" symbol without causing a problem.
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users Joined: 3/9/2007(UTC) Posts: 35
Thanks: 1 times
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Thank you so much Oz & Johnathan for the codification.... thanks!
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Stochastic "Multiple" Crossover formula required...
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