Indicator purpose

Ham StochXover displays the calculated Stochastic values of %K and %D, as well as a crossover indication if %K is crossing up or down over %D. The information is color coded - green indicates that %K is larger than %D, and red indicates that %K is less than %D. If %K is crossing over %D, then an additional text "Xup" ("cross up") is displayed (in green). If %K is crossing under %D, then an additional text "Xdn" ("cross down") is displayed in red. Input parameters allow you to see Fast/Slow or Slow/SlowD Stochastic calculations, as well as select the colors for display.

Settings:General

• Maximum number of bars study will reference - default is Auto-detect.
• Update on every tick - default is Checked - you may Uncheck to improve performance, but the indicator will not be recalculated until the end of the current bar.
• Load additional data for accumulative calculations - default is checked, with a value of 80. This value should be four times the highest value you plan to use for any Length.

Settings:Inputs

• Length1 specifies the period of the Stochastic calculation - default is 17.
• Length2 specifies the smoothing period to calculate the Stochastic FastD from FastK - default is 3.
• Length3 specifies the smoothing period to calculate the Stochastic SlowD from FastD - default is 3.
• Fast1Slow0 specifies which Stochastic curve set should be displayed. To display data for FastK and SlowK (FastD), use a value of 1; to display data for FastD and SlowD - use a value of 0.
• PositiveFGColor and PositiveBGColor are the Foreground and Background colors used to display Stochastic values when %K is greater than %D. Default is black on green background.
• NegativeFGColor and NegativeBGColor are the Foreground and Background colors used to display Stochastic values when %K is less than %D. Default is white on red background.
• CrossUpFGColor and CrossUpBGColor are the Foreground and Background colors used to display Stochastic values when %K crosses up over %D. Default is green on black background.
• CrossDnFGColor and CrossDnBGColor are the Foreground and Background colors used to display Stochastic values when %K crosses down over %D. Default is red on black background.
• NormalFGColor and NormalBGColor are the Foreground and Background colors used to display Stochastic values when %K equals %D. Default is white on black background.

Settings:Alerts

This Indicator does not currently support Alerts, but that may be a feature of a future release.

Examples:

There are three pieces of information displayed: The %K Stochastic value, the %D Stochastic value, and an indication if %K is crossing up or down over %D on the current bar. The various combinations are color coded. The following RadarScreen examples show a Cross Up, Cross Down, %K > %D and %K < %D. The charts below give the details.

HamRadar01 is not guaranteed for any particular purpose. Trading involves a high level of risk - and neither Prototech, Inc., nor Nelson Crowle (HamFon) will be liable for any losses that you incur. HamRadar01 is licensed for individual usage - you may use it on any number of machines, but only with the TradeStation Customer Number that you provide when you order. You may not reverse engineer HamRadar01, or share it with other users.

If you have any questions, please email me.