Description

• If Stochastic crosses Overbought Level in upward direction, then a Buy Signal is generated
• If Stochastic crosses Overbought Level in downward direction, then a Sell Signal is generated

Interpretation

• Upward crossover is a positive crossover wherein a buy trade can be executed
• Downward crossover is a negative crossover wherein a sell trade can be executed

Default Parameters Used/Inputs

• KBar
• KSlow Bar
• Overbought Level
• Oversold Level

Returns/Output

Buy and Sell Signals

Formula