Sto Trigger 2 AM
- Indicators
- Andriy Matviyevs'kyy
- Version: 27.0
- Updated: 13 September 2024
The indicator determines entry points basing on data of the Stochastic indicator.
When the indicator crosses the zero line, the trend is changed.
- If the oscillator's value is 1.5 - the price grows, the trend remains;
- If the oscillator's value is 0.5 - the price grows, the trend is absent;
- If the oscillator's value is -1.5 - the price falls, the trend remains;
- If the oscillator's value is -0.5 - the price falls, the trend is absent;
The best entry moment is crossing the High/Low of the bar where the indicator has crosses 0.
Adjustable parameters of the indicator:
- Period - period of Stochastic's К line;
- D_Period - period of Stochastic's D line;
- Slowing - slowing of Stochastic's K line;
- MA_Method - method of averaging Stochastic's D line;
- Stochastic_Price - price used to calculate Stochastic's K line;