Using STO as Mid-term indicator

    Posted by etcbari on 8th of Aug 2010 at 05:58 am

    Hi,

    Thanks to a tip from one of the members here I have recently begun to use www.freestockcharts.com. It is indeed free and better than www.stockcharts.com unless you are a member there and paying the monthly fee for that.You can save your settings here as well and use the tab to see several charts at the same time.

    Anyhow, trying out different STO levels on the daily charts, I find that using STO(18) has been a nice mid-term indicator in the past 6 months.

    Bjorn

    Very interesting discovery. Thanks for

    Posted by druzin on 8th of Aug 2010 at 09:29 am

    Very interesting discovery. Thanks for your post. Regarding www.freestockcharts.com I had been using it for a couple of months when I discovered that the realtime data is slow in coming in or not accurate at all at times compared with my on-line broker's data. The data can be 15 or 20 seconds slow in arriving and sometimes just doesn't seem to come in for much longer periods. I would be very cautious using this for realtime trading.

    I have switched to www.advfn.com and find it very accurate and much better. It costs $9.99/month for US markets realtime streaming charts, and you can open as many charts as you want in separate windows so you can view them at the same time. I would recommend using Firefox as your browser for this, as it uses much less in computer resources.

    thanks for the info -

    Posted by ducksoup on 8th of Aug 2010 at 01:47 pm

    thanks for the info - I have been using freestockcharts.com and have also noticed some big disparities in data between their feed and my broker.  Will check out advfn.com

    Thanks for that tip! It's

    Posted by etcbari on 8th of Aug 2010 at 11:27 am

    Thanks for that tip! It's a nice community around here that shares so much wisdom.

     

    Same graph but a bit

    Posted by etcbari on 8th of Aug 2010 at 09:12 am

    Same graph but a bit larger and less clutter.

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