CrossingSignal(SeriesCollection,Int32,Int32,Int32) Method
Implements a general framework for producing trading signals based on the crossing of two Stochastics.
Syntax
Parameters
- sc
- A collection of series objects. For example, to evaluate this indicator for two series you will need to pass a series collection containing this two series.
- noOfPeriods
- An integer which represents the number of periods used over which the closing price is compared.
- method
- Determines the methods used for the evaluation of the moving average in accordance with the following key:
- 1 = Simple moving average
- 2 = Geometric moving average
- 3 = Linearly weighted moving average
- 4 = Exponentially Weighted Moving average within smoothing fact set to be 0.5.
- lengthOfMA
- The number of periods over which the moving average is considered.
Return Value
-1, 0, 1 - this method returns either -1, 0, 1 to indicate that either a sell, no action or buy signal was generated.
Remarks
Methodology
Buy when the Stochastic %K, crosses above the MA %D and sell when the Stochastic %K falls below the MA of Stochastic %D. Since this approach is prone to being whip-sawed we use two (general) Stochastics so that a MA of the %K Stochastic of the first Stochastic and an even more smoothed second Stochastic. In this case a sell signal is generated if the first (more sensitive) Stochastic cross below the second (smoothed) Stochastic, and a buy signal is generated if the first Stochastic crosses above the second Stochastic.
Requirements
Target Platforms: Windows 7, Windows Vista SP1 or later, Windows XP SP3, Windows Server 2008 (Server Core not supported), Windows Server 2008 R2 (Server Core supported with SP1 or later), Windows Server 2003 SP2
See Also