Difference between revisions of "Stochastic Slow SE"

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(Created page with "=== Definition=== Stochastic Slow SE (Short Entry) generates a short entry order at the next bar's open when the %K line crosses below the %D line and both values are above t...")
 
 
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=== Default Inputs ===  
 
=== Default Inputs ===  
'''Length''' - amount of loss at which point the position will be closed.<br>
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'''Length''' - number of bars for the Stochastics value calculation.<br>
'''OverBought''' - True/False trigger that allows to calculate profit per position or per share. Enter True to calculate profit per position.
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'''OverBought''' - level at/above which the Stochastics is considered to be OverBought.
 
[[Category:Pre-built Signals]]
 
[[Category:Pre-built Signals]]
  
  
 
'''Note:''' Use [[Stochastic Slow LE]] for entering a long position.
 
'''Note:''' Use [[Stochastic Slow LE]] for entering a long position.

Latest revision as of 12:06, 23 September 2021

Definition

Stochastic Slow SE (Short Entry) generates a short entry order at the next bar's open when the %K line crosses below the %D line and both values are above the OverBought level.
The number of bars used to calculate the Stochastic and the OverBought level can be adjusted.

Usage

Short entry based on the crossover of Stochastic lines.

Default Inputs

Length - number of bars for the Stochastics value calculation.
OverBought - level at/above which the Stochastics is considered to be OverBought.


Note: Use Stochastic Slow LE for entering a long position.