Slow Stochastic on tradestation

    GDX Renko system comments

    Posted by jlevinthal on 31st of Jan 2012 at 06:12 pm

    My 60 min slow Stochastic on tradestation looks different. Yours has %K(14)%D(1). The tradestation has (high,low,close,14,3,3,1,20,80). How can I get them to look the same. ... Thank

    jlevinthal - 14,3,3,1 is the

    Posted by tom on 1st of Feb 2012 at 08:41 am

    jlevinthal - 14,3,3,1 is the proper setting on Tradestation but it will not always be exact since Tradestation and stockcharts will publish different prices at times especially in the building of some bars.  It will tend to be slight but I often find them 0.20 or more off from each other in the stoch.  That is one reason we use stockcharts for many of these settings, we love TS and other more robust intraday platforms but there are certain things that stockcharts seems to do better.  NOW, because TS is more robust I think there are certain tricks you can do that I will use like have TS alert you when the stock starts getting close to the Overbought/Oversold area so then you know to start watching the stockcharts version etc. but we would still use the stockcharts version as the one to gauge entries and exits.

    jlevinthal - Yes as Tom

    Posted by matt on 1st of Feb 2012 at 09:45 am

    jlevinthal - Yes as Tom stated, TS and Stockcharts.com seem to have different prices at times for GDX and thus you will never get them to match exactly.  Also be sure that you are not showing after hrs data on GDX in your Tradestation chart, if you have your session settings set to show after hrs data that will make a huge difference as well.

    Honestly I would prefer to use the 60 min charts from Tradestation, however I have to use Stockcharts because we are using the daily GDX Renko from Stockcharts.com for the daily system and that chart cannot be reproduced in Tradestation because their Renko charts are different, therefore to keep everything the same I'm using Stockckcharts for the 60 min setting.  

    try 14, 3, 1, 1

    Posted by kellyvu on 1st of Feb 2012 at 08:16 am

    try 14, 3, 1, 1

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