Posted by curranjohn46 on 14th of Jan 2011 at 02:37 pm
Hi all
I have been using BPT's stockcharts.com 60 minute chart for gdx
and gdxj for the last year with good success. I love using
the 60 period stochastics to catch the meat of the trend. For
instance buying on a break above 20 (presuming the Full stochastic
is not overbought).
For the sake of experimenting with my new tradestation
environment, I thought it would be worthwhile to backtest this
approach. However, what I find is that if I apply this
approach in tradestation to GDXJ for example, the 60 period slow
stochastic had not exceeded 80 since early December. Yet in
stockcharts.com, the 60 period slow stochastics shows GDXJ
above 80 in late December/early January.
Does anyone undertsand how such a discrepancy could exist
between two platforms? I don't see how I could
configure the 60 period slow stoch any
differently.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Tradestation and stockcharts.com
Posted by curranjohn46 on 14th of Jan 2011 at 02:37 pm
Hi all
I have been using BPT's stockcharts.com 60 minute chart for gdx and gdxj for the last year with good success. I love using the 60 period stochastics to catch the meat of the trend. For instance buying on a break above 20 (presuming the Full stochastic is not overbought).
For the sake of experimenting with my new tradestation environment, I thought it would be worthwhile to backtest this approach. However, what I find is that if I apply this approach in tradestation to GDXJ for example, the 60 period slow stochastic had not exceeded 80 since early December. Yet in stockcharts.com, the 60 period slow stochastics shows GDXJ above 80 in late December/early January.
Does anyone undertsand how such a discrepancy could exist between two platforms? I don't see how I could configure the 60 period slow stoch any differently.