Analysis Techniques & Strategies

Stochastic Slow LE (Strategy)

image\trumpet2.gif Disclaimer

Input Information

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.

Usage

Long entry based on the crossover of Stochastic lines.

Description

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

Related Function(s): SlowK, SlowD