Stochastic %K and %D

Viewing 6 posts - 1 through 6 (of 6 total)

Author

Posts
06/03/2016 at 3:08 PM #8753 quote

SydneyFox
Participant

New

I am trying to set up a screener which looks at the slope of both the %K and %D lines of the stochastic. Rather than looking at the traditional overbought / oversold values. This is along the lines of the “Anti” set up as described in the book Street Smarts by Connors and Raschke where they use a seven period %K with a smoothing parameter of 4 and a 10 period %D.

I can find stochastic in the proscreener programming guide but can’t see how I can utilise the %K and %D individually.

Help in coding would be appreciated.

06/03/2016 at 3:42 PM #8761 quote
Nicolas
Keymaster

Legend
Because the stochastic instruction return only %K, you just have to make a moving average of your stochastic indicator which is the %D.

Like this :
```
K = stochastic[14,3]
D = average[4](K)

RETURN K, D
```
(this is an indicator), but you can get the K and D value in your screener if you like.
06/04/2016 at 4:18 AM #8784 quote
SydneyFox
Participant

New
Thank you Nicolas

if I want say the %K today to be greater than %K yesterday and %D today to be less than %D yesterday can I write it like:
```
%K > %K[1]
%D < %D[1]
```
Or would it be more like:
```
K = stochastic(14,3)
D = average(4)(K)
KYday = stochastic[1](14,3)
DYday = average(4)(KYday)
K > KYday
D < DYday
```
Thanks
06/05/2016 at 10:24 AM #8816 quote
Nicolas
Keymaster

Legend
No, it’s not so complicated 🙂

You already have in your variable the %D and the %K values, so just compare theses variables between them:
```
K = stochastic[14,3]
D = average[4](K)

if K>K[1] then 
 Kresult = 1 
else
 Kresult = 0
endif

if D<D[1] then 
  Dresult = 1 
else
  Dresult = 0
endif
```
06/05/2016 at 10:36 AM #8817 quote

SydneyFox
Participant

New

Awesome. Thanks Nicolas.

01/07/2017 at 3:34 PM #20120 quote

Brage
Participant

Senior

Hi Sydney

Just curious. Do you use the ANTI strategy in your trading? Have you tried to use it in an automatic trading system?
Author

Posts