Analysis Techniques & Strategies
|Length||Numeric||14||Number of bars used to calculate the Stochastics value.|
|OverBought||Numeric||80||Level at/above which the Stochastics is considered to be OverBought.|
Short entry based on the crossover of Stochastic lines.
This strategy generates a short entry order for the next bar at open when the %K line crosses below the %D line and both values are above the OverBought (Input) level. You can change the number of bars used to calculate the Stochastics and the OverBought level.
Order Name: StochSE
Related Strategy: Stochastic Slow LE
Related Function(s): SlowK, SlowD