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Stochastic with Noise Reduction

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Stochastic with Noise Reduction

Mensaje  Admin Cazadores de Pips el Lun Mar 22, 2010 3:23 pm

Stochastic with Noise Reduction

Stochastic with Noise Reduction


Standard Stochastic Oscillator with sensitivity feature.

has the same parameters, as a standard Stochastic, but there is an
additional "sensivity" parameter (Sens in the parameters window)

allows to consider oscillations only below some predefined threshold,
specified in points. This way we can reduce a lot of false signals.

classical Lane Stohastic locates the current price between a maximum
and a minimum prices for some number of bars, defined by %K (Kperiod)
value, and it doen't distingush the difference between extremums, for
example 1 point or 100 points. For these two cases the results will be
the same, and we will get the overbought/oversold signals.

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