Comments on: Stochastic Madness http://www.thinkscripter.com/indicator/stochastic-madness/ thinkScript Indicators for thinkorswim Fri, 03 Feb 2012 20:01:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: ThinkScripter http://www.thinkscripter.com/indicator/stochastic-madness/#comment-4535 ThinkScripter Sat, 15 Jan 2011 22:12:57 +0000 http://thinkscripter.wordpress.com/?p=420#comment-4535 In general, the indicators are just that - an indicator for your charts. Some indicators can be converted for use in scans provided they rely only on the more basic thinkScript functions. Simply cutting and pasting into the scan window will rarely work as the indicator must be converted for use in a scan. An indicator converted for use in a scan will simply return a 1 or 0 for all bars on the chart. The TOS scan will then put this binary signal into its search algorithm. I have never tried to convert any of the MTF indicators to a scan so I have no idea as to their adaptability in this regard. -Eric In general, the indicators are just that – an indicator for your charts. Some indicators can be converted for use in scans provided they rely only on the more basic thinkScript functions. Simply cutting and pasting into the scan window will rarely work as the indicator must be converted for use in a scan. An indicator converted for use in a scan will simply return a 1 or 0 for all bars on the chart. The TOS scan will then put this binary signal into its search algorithm. I have never tried to convert any of the MTF indicators to a scan so I have no idea as to their adaptability in this regard.
-Eric

]]> By: brady spicer http://www.thinkscripter.com/indicator/stochastic-madness/#comment-4534 brady spicer Sat, 15 Jan 2011 20:31:24 +0000 http://thinkscripter.wordpress.com/?p=420#comment-4534 Wow, this site is as impressive as it is usefull. hello, I have a question before purchasing. Could you please tell me if these indicators could be used as scan criteria in TOS? Particularly the multiple time frames.... please and thank you Wow, this site is as impressive as it is usefull. hello, I have a question before purchasing. Could you please tell me if these indicators could be used as scan criteria in TOS? Particularly the multiple time frames….

please and thank you

]]> By: ThinkScripter http://www.thinkscripter.com/indicator/stochastic-madness/#comment-436 ThinkScripter Fri, 21 May 2010 02:46:58 +0000 http://thinkscripter.wordpress.com/?p=420#comment-436 As I replied to you earlier this week, take a look at the built in TOS study for StochasticCrossover. It is exactly what you are asking for. -Eric As I replied to you earlier this week, take a look at the built in TOS study for StochasticCrossover. It is exactly what you are asking for.
-Eric

]]> By: HSoto24 http://www.thinkscripter.com/indicator/stochastic-madness/#comment-435 HSoto24 Thu, 20 May 2010 23:33:32 +0000 http://thinkscripter.wordpress.com/?p=420#comment-435 nice blog here. im new to thinkscript. im curious of how does the scripting looks like for a stochastic crosses looks like..... when the SlowK crosses over the SlowD.... nice blog here. im new to thinkscript. im curious of how does the scripting looks like for a stochastic crosses looks like….. when the SlowK crosses over the SlowD….

]]> By: Garrett http://www.thinkscripter.com/indicator/stochastic-madness/#comment-434 Garrett Wed, 10 Feb 2010 05:40:32 +0000 http://thinkscripter.wordpress.com/?p=420#comment-434 Cool! I mean, give me a few days and I could probably hammer out a decent one, but I'd like to see your version. Also, I think your timestamp is a little messed up on your reply, I spent some time wondering if you were replying to me or if the page was playing tricks on me Cool! I mean, give me a few days and I could probably hammer out a decent one, but I’d like to see your version. Also, I think your timestamp is a little messed up on your reply, I spent some time wondering if you were replying to me or if the page was playing tricks on me

]]> By: Garrett http://www.thinkscripter.com/indicator/stochastic-madness/#comment-433 Garrett Wed, 10 Feb 2010 04:55:05 +0000 http://thinkscripter.wordpress.com/?p=420#comment-433 I specifically went PRO just for this indicator, and as I look at it I can tell everyone here it is quite impressive. Noticed major turns in the market when this indicator all of a sudden starts flashing red or green. Anyway... I'm playing with the code and just wondering if anyone has scripted it to actually run on different 3 different time frames instead of just using a different K factor for the same time frame (example, stock is oversold according to a 14 period %K on a 15 minute, hour, and daily chart for swing trades). I'm not sure if it would give even better results, but it would be a few days before I could get it to work on mine. I specifically went PRO just for this indicator, and as I look at it I can tell everyone here it is quite impressive. Noticed major turns in the market when this indicator all of a sudden starts flashing red or green. Anyway… I’m playing with the code and just wondering if anyone has scripted it to actually run on different 3 different time frames instead of just using a different K factor for the same time frame (example, stock is oversold according to a 14 period %K on a 15 minute, hour, and daily chart for swing trades). I’m not sure if it would give even better results, but it would be a few days before I could get it to work on mine.

]]> By: ThinkScripter http://www.thinkscripter.com/indicator/stochastic-madness/#comment-432 ThinkScripter Sun, 28 Jun 2009 18:53:27 +0000 http://thinkscripter.wordpress.com/?p=420#comment-432 Herb, The ThinkDesktop software platform is free to download from thinkorswim. Download the software and poke around: https://www.thinkorswim.com/tos/displayPage.tos?webpage=clientApplication&displayFormat=hide Eric Herb,
The ThinkDesktop software platform is free to download from thinkorswim. Download the software and poke around:
https://www.thinkorswim.com/tos/displayPage.tos?webpage=clientApplication&displayFormat=hide
Eric

]]> By: Herb http://www.thinkscripter.com/indicator/stochastic-madness/#comment-431 Herb Sat, 27 Jun 2009 18:09:31 +0000 http://thinkscripter.wordpress.com/?p=420#comment-431 I'm new but I like what I see. How do I get thinkscript? I assuming this is a language that I need to learn. Where do I start? Thanks, Herb I’m new but I like what I see. How do I get thinkscript? I assuming this is a language that I need to learn. Where do I start?

Thanks,
Herb

]]> By: ThinkScripter http://www.thinkscripter.com/indicator/stochastic-madness/#comment-430 ThinkScripter Thu, 21 May 2009 21:56:40 +0000 http://thinkscripter.wordpress.com/?p=420#comment-430 Daniel, Currently you cannot fire alerts from user defined studies.....we've all been waiting for that addition to thinkScript. Also be advised that overbought/oversold on all timeframes is not a signal in and of itself. You must use this in conjunction with other indicators/methods. Eric Daniel,
Currently you cannot fire alerts from user defined studies…..we’ve all been waiting for that addition to thinkScript. Also be advised that overbought/oversold on all timeframes is not a signal in and of itself. You must use this in conjunction with other indicators/methods.
Eric

]]> By: Daniel http://www.thinkscripter.com/indicator/stochastic-madness/#comment-429 Daniel Thu, 21 May 2009 20:54:36 +0000 http://thinkscripter.wordpress.com/?p=420#comment-429 I'm curious to know if there's a way to set up an alert to be notified when the top decision line generates long and short signals. It would be more convenient than to constantly scan charts visually to see when either of those signals appear. I’m curious to know if there’s a way to set up an alert to be notified when the top decision line generates long and short signals. It would be more convenient than to constantly scan charts visually to see when either of those signals appear.

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