Comments on: Double Stochastic http://tuckerreport.com Technical Analysis and Daily Market Timing of Stock Indexes, Precious Metals, and more Mon, 12 May 2008 16:28:13 +0000 http://wordpress.org/?v=2.2.1 By: Scott Williams http://tuckerreport.com/indicators/doublesto/#comment-341 Scott Williams Sun, 17 Feb 2008 18:07:29 +0000 http://tuckerreport.com/indicators/doublesto/#comment-341 I've been using the 10 period double stochastic (DS) to trade the QQQQ, by waiting for the 60 minute DS to turn up thru 10 (or down thru 90) then entering each time the direction of the 15 minute DS aligns with the direction of the 60 minute DS (i.e when the 60 and 15 minute DS's are both rising or falling). But as your article addresses, I have been missing extended rallies as the DS's stay overbought (or oversold). So per your example, I've overlaid both the 5 and 10 period DS's (in both timeframes), and will see if that makes a difference in terms of: 1. Good Long entries using 5 DS dips when the 10 DS is 'overbought' 2. Using the 5 DS for a slighly earlier long entry (i.e while the 10 DS is less than 10 and flat, but not yet turned up). It looks like you use 80/20 for your upper/lower crossovers (vs my 90/10). I'll have to watch for which works better with both DS's. Also combining two DS's in two time frames may create confusing signals or may add additional confirmation .... time will tell. I’ve been using the 10 period double stochastic (DS) to trade the QQQQ, by waiting for the 60 minute DS to turn up thru 10 (or down thru 90) then entering each time the direction of the 15 minute DS aligns with the direction of the 60 minute DS (i.e when the 60 and 15 minute DS’s are both rising or falling). But as your article addresses, I have been missing extended rallies as the DS’s stay overbought (or oversold). So per your example, I’ve overlaid both the 5 and 10 period DS’s (in both timeframes), and will see if that makes a difference in terms of:
1. Good Long entries using 5 DS dips when the 10 DS is ‘overbought’
2. Using the 5 DS for a slighly earlier long entry (i.e while the 10 DS is less than 10 and flat, but not yet turned up).

It looks like you use 80/20 for your upper/lower crossovers (vs my 90/10). I’ll have to watch for which works better with both DS’s.

Also combining two DS’s in two time frames may create confusing signals or may add additional confirmation …. time will tell.

]]> By: Hank W. denHaring http://tuckerreport.com/indicators/doublesto/#comment-239 Hank W. denHaring Mon, 14 Jan 2008 04:46:49 +0000 http://tuckerreport.com/indicators/doublesto/#comment-239 Hi there! Interesting article! How do you set up a double stochastic like that? I have a normal charting package and can make changes to the Stochastics. I'd appreciate your help! Thanks! Hank Hi there!
Interesting article! How do you set up a double stochastic like that? I have a normal charting package and can make changes to the Stochastics.
I’d appreciate your help!
Thanks!
Hank

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