OPEN-SOURCE SCRIPT

Pure Stochastic long only

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Just a stochastic for giving you a smart and quick signals of entering and exiting.
Your enter is K>D in the low band and close > last bar's high.
An Ema has been added for targeting and stops.
You exit also in case of high values of K or in case D crosses over K but in the "upper".
Length, periods and level of bands are personalized.

The system goes long only, because it fits at best for shares only; I leave you the attemp of writing code for other classes and for going short, in particular.

SUGGESTIONS:
Keep Oversold period high (> 20, also 40-45)
Keep Emaperiodfast higher (> 5)

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.