View Single Post
  #22 (permalink)  
Old 02-05-2008, 08:03 AM
OzFx OzFx is offline
Member
 
Join Date: Nov 2007
Posts: 84
OzFx is on a distinguished road
Smile

Quote:
Originally Posted by azmel View Post
Hi OzFx,

I am a newbie with strategies (though I'm good in programming ), I have a very newbie question regarding the Stochastic indicator.

As you've pointed out above, go short when AC is below zero and Stot is also below zero.

My question is that the Stot value in the chart is always positive and never goes under zero. Do you actually mean that the zero is not the Stot value itself but actually referring to both Stot lines crossing the zero AC line?

I also see an upper limit (80) and a lower limit (20). Can it also mean that "below zero" means the Stot value is below the lower limit line?

Thanks

Hi Azmel,
I meant to say enter when Stot crosses 0 line of AC.

Hope this makes it clear.

Cheers,
OzFx
Reply With Quote