Stochastic indicator is an oscillator that is used to determine pivot points and change the trend.
Stochastic works on the basis of two bands: fast %K and slow %D.
We use the settings of the Stochastic indicator (14 3 3).
The indicator values range from 0 to 100.
Stochastic indicator values < 20 are the oversold zone. Exiting the oversold zone is a buy signal.
Stochastic indicator values > 80 are the overbought zone. Exiting the overbought zone is a sell signal.
Stochastic LONG1 The strategy will work if the %K line crosses the %D line from bottom to top.
Stochastic SHORT1 The strategy will work if the %K line crosses the %D line from top to bottom.
To activate this function, you need to select the == sign in the Operation field and set 1 in the value field. You do not need to specify any additional settings.
Stochastic LONG2 The strategy will work if the %K and %D lines cross the X value from the bottom up. X default 20, optional setting, you can set your own value.
Stochastic SHORT2 The strategy will work if the %K and %D lines cross the X value from top to bottom. X default 80, optional setting, you can set your own value.
To enable this filter, select the == sign in the Operation field and set 1 in the value field. In the Parameters field you can specify your own X value.
Stochastic LONG3 The strategy will work if the %K line crosses the %D line from the bottom up and both lines are below X. X default 20, optional setting, you can set your own value.
Stochastic SHORT3 The strategy will work if the %K line crosses the %D line from top to bottom and both lines are above X. X default 80, optional setting, you can set your own value.
To enable this filter, select the == sign in the Operation field and set 1 in the value field. In the Parameters field you can specify your own X value.
