Parameter settings and time frames

Parameter settings and time frames
In the following cases we will only be featuring Full Stochastics formula.
(Review: Description of fast, slow and full stochastic) The general rule is that the larger the parameter, the less sensitive indicator becomes, the smaller the parameter a sensitive indicator. In this newsletter we will cover Full stochastics 21,9,9 -> 9,3,3. This will give us a wide enough range of options to fit most traders time frames.

! It is also important to note that this type of system is only to help the timing of decisions and will help you determine the quality of the company. To determine whether a company is of good quality (undervalued / overvalued), good basic research is needed. Fundamentals will tell you whether the company is undervalued / overvalued and will give you a better understanding of the company's position within the market. Timing systems should be coupled with strong fundamentals and other indicators / advisors / sources of information to be more effective.
Here signals generated by the full stochastic 21,9,9 using Dow Jones Industrial Average (one year chart). In any case, when using the information provided by the stochastic (* with trendlines), trades were profitable.