Stochastic plot looks different compared to TC2000
Author: ayc868
Creation Date: 7/1/2008 12:35 AM
profile picture

ayc868

#1
CODE:
Please log in to see this code.


is it correct?
profile picture

Eugene

#2
No. Change the first line as below:
CODE:
Please log in to see this code.


Reason:

Period precedes Smooth in WL4...
CODE:
Please log in to see this code.


...while in WL5 it's vice versa:
CODE:
Please log in to see this code.


profile picture

Cone

#3
There is no "correct" when it comes to custom indicators, but if you're comparing them there is "equivalence". Since it's very clear how you're calculating it in Wealth-Lab, why don't you find out how TC calculates it and then compare the calculations. That's where you'll find the difference.

Bravo Eugene. Incidentally, the Wealth-Lab Wiki has the extended definitions of standard and other indicators. When 5.1 is released, the Indicator dialog will link to the Wiki.
This website uses cookies to improve your experience. We'll assume you're ok with that, but you can opt-out if you wish (Read more).