simply program a black box, in c for tradestation these set of rules, using tick data:
We look for the slow stochastic to make a new low
A new low implies an old low that has been exceeded.
We will call the old low: low-b
Low-b needs to meet 2 conditions
1
It is below 35
2
On either side of the low-b, preceding and ante-ceding, there is a rise
of 5 points.
To explain: a rise of 5 points means that if the low is 10 it needs to
have hit 15 on either side.
We look for the slow stochastic to make a new low
A new low implies an old low that has been exceeded.
We will call the old low: low-b
Low-b needs to meet 2 conditions
1
It is below 35
2
On either side of the low-b, preceding and ante-ceding, there is a rise
of 5 points.
To explain: a rise of 5 points means that if the low is 10 it needs to
have hit 15 on either side.