Quick question regarding the eSignal 7.5 and how the stochastic indicator is computed? What type of moving averages are used to compute %K and %D? Also, can the defaults be changed? I'm trying to work with someone using CQG and our stochastic data does not match
I'm not sure how the %K & %D are worked out, but you can change the settings by right-clicking the chart. Select Edit Studies and in the top left hand corner, it says Study: In the drop-down you should have Stochastics listed. From there you can change the values.
Quote " What type of moving averages are used to compute %K and %D? Also, can the defaults be changed? "
The default values for the stochastic indicator isarbitary and can be changed .. The origin of the settings comes from the dominant cycle of the most dominant time frame and that can not easily be measured unless you use a third party cycle calculator to give you the amplitude of the swings during the trading period.