The TradingEdge

[kiy]

Stochastics is ***just ran out of posts for today
Enjoy
Start here...I want to define momentum at certain trigger lines...such as the outer bands of the Bollingers...
What TRIN does is smooth out the Up/down volume and the adv/declining volume...so a stochastices of TRIN should be better than the first chart seen below...TRIN alone would be better...use of stochTrin confirms change in momentum...yes...
Stochastics
Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods.
According to an interview with Lane, the Stochastic Oscillator "doesn't follow price, it doesn't follow volume or anything like that. It follows the speed or the momentum of price. As a rule, the momentum changes direction before price."


Then there's the daily chart...

http://stockcharts.com/c-sc/sc?s=SPY&p=5&b=5&g=0&i=p44516783606&a=202434724&r=5361">;

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p05637132117&a=202930972&r=2627">;

...this is daily signal with moving average crossover of CCI...
http://stockcharts.com/c-sc/sc?s=VXX&p=D&yr=0&mn=9&dy=0&i=p55022102356&a=200820254&r=123">;

http://stockcharts.com/c-sc/sc?s=$TRIN&p=15&b=5&g=0&i=p38121756286&a=242159824&r=1868>;


Tick...
http://stockcharts.com/c-sc/sc?s=$TICK&p=5&yr=0&mn=0&dy=15&i=p71838696573&a=217834305&r=644">;

From...DK Report...Stockcharts.com
The chart helps understand the short-term health of the NYSE. The red line is the 3-day EMA, and the light blue line is the one-day EMA. A climbing red line above zero is a sign of a healthy market. Crossovers of the 1-day and 3-day EMA's in either direction can detect short-term trend changes.

http://stockcharts.com/c-sc/sc?s=$SPX&p=1&yr=0&mn=0&dy=4&i=p48281270923&a=159129548&r=5">;