What are the best parameters to use for the full stochastic indicator

[John_IL]

I use 3,5 slow stochastics on my 2 min chart.

 

[gnome]

69 and 8.

 

[TradEStar]

5,5,2 is good.

 

[jficquette]

George Lane claimed 7 3 3 were his favorite settings.


John

 

[John_IL]

There is a big difference when you change these numbers.
I tried both of these: 5,5, 2 and 7,3,3 they both look good. It is hard to decide.
Other thing: my platform has 4 options for slow stoch
% Da5, Ds5,D5, K 3 period
I don't even know if I set these numbers in the right box

Thank you for replies

 

[Hook N. Sinker]

It might depend on the security being traded.

 

[hoodooman]

I use one minute chart and white out the first line and use only the second one(7) but you need more than that one indicator to trade successfully.

 

[neverknow]

The best parameters for a stoch are to know what it really is:

- draw a channel of 5 days
- look at the close of this bar vs the high low for the last 5 days .... thats your fast stoch
- imagine smoothing it out with a ma (mas) ... thats your slow and slower stochs

 

[infolode]

What will your settings be when it overloads?

 

[John_IL]