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Technical Studies Reference

Stochastic Crossover System

The Stochastic Crossover System is a study which displays Up and Down Arrows representing Buy and Sell signals, on the chart based upon the crossover of the Stochastic Slow %K and Slow %D lines. To see how these lines are defined, refer to the study KD - Slow. The conditions that determine which signal, if any, is displayed are stated below.

Let the High Price and Low Price at Index \(t\) be denoted as \(H_t\) and \(L_t\), respectively. Let the Inputs Arrow Offset Percentage be denoted as \(k\). Horizontal lines are drawn at levels determined by the Inputs Line 1 Value and Line 2 Value.

For \( t > n_{FastK} + n_{FastD} + n_{SlowD}\) and if the Input Use Buy/Sell Lines = Yes:

  • An Up Arrow is displayed at Index \(t\) if the Slow %K line crosses the Slow %D line from below at \(t\) and if the Slow %K line is below Line 2. The vertical coordinate of the tip of the arrow is given by \(L_t - \frac{k}{100}\cdot\left(H_t - L_t\right)\).
  • An Down Arrow is displayed at Index \(t\) if the Slow %K line crosses the Slow %D line from above at \(t\) and if the Slow %K line is above Line 1. The vertical coordinate of the tip of the arrow is given by \(H_t + \frac{k}{100}\cdot\left(H_t - L_t\right)\).

    • For \( t > n_{FastK} + n_{FastD} + n_{SlowD}\) and if the Input Use Buy/Sell Lines = No:

  • An Up Arrow is displayed at Index \(t\) if the Slow %K line crosses the Slow %D line from below at \(t\). The vertical coordinate of the tip of the arrow is given by \(L_t - \frac{k}{100}\cdot\left(H_t - L_t\right)\).
  • An Down Arrow is displayed at Index \(t\) if the Slow %K line crosses the Slow %D line from above at \(t\). The vertical coordinate of the tip of the arrow is given by \(H_t + \frac{k}{100}\cdot\left(H_t - L_t\right)\).

    • Inputs

    Spreadsheet

    The spreadsheet below contains the formulas for this study in Spreadsheet format. Save this Spreadsheet to the Data Files Folder.

    Open it through File >> Open Spreadsheet.

    Stochastic_Crossover_System.204.scss

    *Last modified Monday, 03rd October, 2022.