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Mladen
I am a big fan of your indys. One of them has become an important part of my trading, and I am doing very, very well
Thks a lot for this one. I think that you are a great trader too, coz only good traders/coders can develop profitable indys.
I am following your work with big attention.
Tks again !!!!!
this is the one i've been using based off old stochastic formula.
new formula looks nice with the smoothing.
regards,
Blur
__________________ : - : Fortune Favors TheBold : - : Fear Is Proof Of A Degenerate Mind : - : We Are What We Repeatedly Do. Excellence, Then, Is Not An Act, But A Habit : - :
Last edited by BLUR71; 07-26-2008 at 03:39 PM.
Reason: Minor code errors corrected, uploaded newer indicator
Premier Stochastics Indicator - chart contains the Premier Stochastics Indicator (PSI) custom indicator discussed in the Trader's Tips section of the August 2008 issue of TASC magazine. The indicator involves a double-exponential smoothing of the Raw %K, along with a normalization between the extreme values of -1 and +1.
Lee Leibfarth’s article in this issue, “Which Way the Market Goes, Premier Stochastic Oscillator” introduces the Premier Stochastic Oscillator (PSO). The PSO is a modified short-term Stochastic Oscillator which has been normalized around a centralized zero level. Leibfarth mentions that the PSO’s main strength is in identifying countertrend trading setups. Leibfarth also provided some basic entry rules for use with the PSO. Long entries can be taken when the PSO crosses below the 0.90 level or when the PSO crosses below the 0.20 level; short entries can be taken when the PSO crosses above the -0.90 level or when the PSO crosses above the -0.20 level. LE and SE long and short entry trades. LT, LS, ST, and SS profit target and stop exit sto prem str.gif
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2 compare to Premier stochastic mistigrifx (at least this time it's not upside -down...) Traders Tips - August 2008
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( kidding! )
NEW UPDate! 04 Nov. 09 
Linear Mode
