Analysis Techniques & Strategies
Name | Type | Default | Description |
Length | Numeric | 14 | Number of bars used to calculate the Stochastics value. |
OverSold | Numeric | 20 | Level at/below which the Stochastics is considered to be OverSold. |
Long entry based on the crossover of Stochastic lines.
This strategy generates a long entry order for the next bar at open when the %K line crosses above the %D line and both values are below the OverSold (Input) level. You can change the number of bars used to calculate the Stochastics and the OverSold level.
Order Name: StochLE
Related Strategy: Stochastic Slow SE