Home PageJRC Logo





colorbar

JMA double stochastic

colorbar




The power of using low-lag, ultra smooth indicators is that you can safely experiment with feeding one indicator to another without signal degradation. Here is one such example...

In this experiment, we fed a JMA based fast %K stochastic into another identical stochastic and plotted the results. This double stochastic analyzes market acceleration, which is synchronized with rapid market reversals, typically found in a tight trading range.

Note how well this double stochastic aligns with price reversals in the following chart.



{short description of image}

Additional code was written in TradeStation 8 to produce the RED-BLUE color changes.









[ Copyright ] [ WebMaster ]