Public Overloads Shared Function ExtremeValueKSignal( _
   ByVal seriesName As String, _
   ByVal s As Series, _
   ByVal extremeLow As Double, _
   ByVal extremeHigh As Double, _
   ByVal noOfPeriods As Integer _
) As Series

Visual Basic (Usage)	Copy Code
Dim seriesName As String Dim s As Series Dim extremeLow As Double Dim extremeHigh As Double Dim noOfPeriods As Integer Dim value As Series   value = FinancialEngine.ExtremeValueKSignal(seriesName, s, extremeLow, extremeHigh, noOfPeriods)

public static Series ExtremeValueKSignal( 
   string seriesName,
   Series s,
   double extremeLow,
   double extremeHigh,
   int noOfPeriods
)

Parameters

seriesName

The name of the series which will be displayed on the chart, i.e. its label.

s

An financial series where the first element is the closing price in the last trading period, the second term is the closing price in the previous trading period and so on.

extremeLow

This is the level at which the Stochastic is believed to indicate an oversold level. The Stochastic always lies between 0 and 100, and a suggested extreme low value to take is 20.

extremeHigh

This is the level at which the Stochastic is believed to indicate an over brought level. The Stochastic always lies between 0 and 100, and a suggested extreme high value is 80.

noOfPeriods

An integer which represents the number of periods used over which the closing price is compared.

Return Value

Methodology

Buy when the the Stochastic %K falls below a specific level (e.g. 20) and then rises above that level. Sell when the Oscillator rises above a specific level (e.g. 80) and then falls below that level. This approach is the preferred method of the Stochastics original creator George Lane.

Reference