the stochastic

[sylviaelisa]

hi, its me again.

regarding the primer lesson 10, i jz want 2 know which type of analysis has the biggest effect on our buy/sell decision. is it the the stochastic or sma? if the sma(24) suggest selling (its a downtrend cos it is above the price) while the %D stochastic is below 30% and heading to 30% (suggestion:buying), whats the wise decision here. :confused:


thanx. :)

[Dennis]

Hello Sylvia

Both criteria have to be satisfied for this system with the SMA signalling the direction of the trend and stochastic signalling the time to open.