Rescaling a Stochastic

This is a discussion on Rescaling a Stochastic within the General Trading Chat forums, part of the Reception category; Hi Everyone, Just wondered if anyone knows off the top of their head what formula to use that would change ...

 Nov 8, 2018, 11:35am #1 Joined May 2008 Rescaling a Stochastic Hi Everyone, Just wondered if anyone knows off the top of their head what formula to use that would change the scaling on a stochastic from 0 to 100 TO -100 to +100 Any ideas? Many Thanks __________________ Do, or do not, there is no such thing as try. __________________ I'm easily pleased with perfection, and if trading is an art, then I'm painting my masterpiece. __________________ If the margin between your goal and failure is too small then any shortfall will inevitably lead to failure. It's far better to aim high because if you don't quite achieve your ambition you may very well be left with something worthwhile. __________________
Nov 8, 2018, 6:38pm   #2

Joined Nov 2009
Quote:
 Originally Posted by Rossini Hi Everyone, Just wondered if anyone knows off the top of their head what formula to use that would change the scaling on a stochastic from 0 to 100 TO -100 to +100 Any ideas? Many Thanks
not sure its really a question of "scaling" as none of the components of the calculation can ever actually be less than 0. if you've ever seen it, you cant have been looking at a stochastic

 Nov 8, 2018, 7:00pm #3 Joined Mar 2014 Double it and then subtract one hundred....simples __________________ "Well, what d'ya know? Here I am talking with some of the smartest people in the world and I didn't even notice..." Lt. Columbo
Nov 8, 2018, 7:56pm   #4

Joined Nov 2009
Quote:
 Originally Posted by cbrads Double it and then subtract one hundred....simples
nobody likes a smartass

 The following members like this post: cbrads
Nov 8, 2018, 8:33pm   #5

Joined May 2008
Quote:
 Originally Posted by malaguti not sure its really a question of "scaling" as none of the components of the calculation can ever actually be less than 0. if you've ever seen it, you cant have been looking at a stochastic
Hi Malaguti,

I appreciate that, but I need the midpoint of a stochastic to be 0 (not 50). Im probably asking in the wrong place but does anyone else know of a way to achieve this?
__________________
Do, or do not, there is no such thing as try.
__________________
I'm easily pleased with perfection, and if trading is an art, then I'm painting my masterpiece.
__________________
If the margin between your goal and failure is too small then any shortfall will inevitably lead to failure.
It's far better to aim high because if you don't quite achieve your ambition you may very well be left with something worthwhile.

__________________

 Nov 9, 2018, 7:38pm #6 Joined Mar 2014 Jeez, which bit of 'Double it and then subtract one hundred' don't you understand? __________________ "Well, what d'ya know? Here I am talking with some of the smartest people in the world and I didn't even notice..." Lt. Columbo
Nov 10, 2018, 2:15pm   #7

Joined May 2008
Quote:
 Originally Posted by cbrads Jeez, which bit of 'Double it and then subtract one hundred' don't you understand?

I actually didn't see your post, but yes you're quite right. Many thanks for that.. Simples
__________________
Do, or do not, there is no such thing as try.
__________________
I'm easily pleased with perfection, and if trading is an art, then I'm painting my masterpiece.
__________________
If the margin between your goal and failure is too small then any shortfall will inevitably lead to failure.
It's far better to aim high because if you don't quite achieve your ambition you may very well be left with something worthwhile.

__________________