Fast Stochastic %K Change Direction 

This strategy is based on Fast Stochastic Oscillator %K (black line). If %K changes direction upwards i.e. FS%K(t-2)>FS%K(t-1) < FS%K(t) then a buy signal is generated. A sell signal is generated when %K changes direction downward i.e. FS%K(t-2)<FS%K(t-1) > FS%K(t), where FS%K(t) is a current value of Fast Stochastic %K, FS%K(t-1) is yesterdays value Fast Stochastic %K and FS%K(t-2) is a value of Fast Stochastic %K two days ago.

Formula

IF STO%K changes direction upward
THEN GO LONG
IF STO%K changes direction downward
THEN GO SHORT
where STO%K is %K fast stochastic oscillator;

 

 

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