StoCrossSignal

This strategy uses the Stochastic indicator and combines the Stochcrossover strategy and the Stochsignal strategy.

This strategy uses the Stochastic indicator and combines the Stochcrossover strategy and the Stochsignal strategy.

The stochastic oscillator uses a quite complex mathematical formula to calculate simple moving averages: $\%K = 100(C – L14)/(H14 – L14)$ $L14 = the\ low\ of\ the\ 14\ previous\ trading\ sessions$ Where: $C = the\ most\ recent\ closing\ price$ $H14 = the\ highest\ price\ traded\ during\ the\ same\ 14\ days\ period$ $\%K= the\ current\ market\ rate\ for\ the\ currency\ pair$ $\%D = 3\ period\ moving\ average\ of\ \%K$

This step is similar to the previous rule, but this time we apply the rules on the 15-minute time frame: wait for the Stochastic indicator to hit level 20 and the %Kline (blue line) is crossing above the %D line (orange line).