More commonly how I spelled it: Mobius
http://books.google.com/books?id=fW...&ct=title&cad=one-book-with-thumbnail#PPP1,M1
Jack Hershey â MACD and Stochastics helpers for 123 and FTT's
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More commonly how I spelled it: Mobius
http://books.google.com/books?id=fW...&ct=title&cad=one-book-with-thumbnail#PPP1,M1
To anyone who might know:
On page 5 Jack states:
I set the duration of the slow STOCH and the MACD to not bridge the Price /Volume cycle of the fractal. The 13 worked for the standard STOCH and I felt the MACD was bridging at the design default of 26. By using 13 in both, I feel that there is a correlation that is possible between the two.
The parameters for the slow full stochastic are 14,1,3, while those for the MACD are 5,13,6. Am I missing something here or did he decide that 14,1,3 and 13,1,3 were equivalent?
TIA
lj
PS: As best I can ascertain, the "equation" referred to on page 4 is the set of equations for the various types of stochastics.
On page 5 Jack states:
I set the duration of the slow STOCH and the MACD to not bridge the Price /Volume cycle of the fractal. The 13 worked for the standard STOCH and I felt the MACD was bridging at the design default of 26. By using 13 in both, I feel that there is a correlation that is possible between the two.
The parameters for the slow full stochastic are 14,1,3, while those for the MACD are 5,13,6. Am I missing something here or did he decide that 14,1,3 and 13,1,3 were equivalent?
TIA
lj
PS: As best I can ascertain, the "equation" referred to on page 4 is the set of equations for the various types of stochastics.
relax, you work too hard, Jack havn't changed his setting for the last 30y, I don't think he changes his setting just for this journal.
http://www.elitetrader.com/vb/attachment.php?s=&postid=1180663
Thanks for the info nkhoi. I'm one of those detail freaks but just in the sense that I like to know what's what and not in the sense of trying to find fault or mistakes or whatever. So be it. It's 14,1,3 and on we go. It's totally cool to have him back laying it down one more time. Truly a remarkable man.
Best,
lj
Sorry I could not post this at the time, had trouble logging into ET this morning.
Had a respectable signal from Stochastic this morning. The day was trading in a very orderly fashion for the typical channel and PRV read. The Stoch was a useful companion to the otherwise typical reference points of a Forest Trade.
The slow up channel of the first hour is shown in the attached as a green forest moving through the opening range.
Had a respectable signal from Stochastic this morning. The day was trading in a very orderly fashion for the typical channel and PRV read. The Stoch was a useful companion to the otherwise typical reference points of a Forest Trade.
The slow up channel of the first hour is shown in the attached as a green forest moving through the opening range.
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