If you're looking to up your trading game, the Stochastic Cross Alert indicator is a handy tool that signals when to buy or sell. Let’s break down how to use it effectively!
Parameters Overview
Here are the key parameters you can tweak:
- KPeriod: 5
- DPeriod: 3
- Slowing: 3
- MA Method: 0 (0 for SMA, 1 for EMA, 2 for SMMA, 3 for LWMA)
- Price Field: 0 (0 for Low/High, 1 for Close/Close)
- Over Bought Level: 80
- Over Sold Level: 20
- Show KD Cross: false
- Show K OBOs Cross: true
- Show D OBOs Cross: false
- Note Price: PriceField: Low/High = 0, Close/Close = 1
- MA Method Options: SMA0, EMA1, SMMA2, LWMA3
This gives you a lot of flexibility depending on your trading strategy!
Stochastic Cross Alert Indicator
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