From JTAWiki
| | StochEntry |
| From JTAWiki, a project by J Talon LLC | |
Determines whether the Stochastic indicator is used as an entry method.
Valid settings are:
- 0 = This entry method is not used.
- 1 = Will place a LONG trade when the Main and Signal Stoch lines are in the OverSold zone, and a SHORT trade when both lines are in the OverBought zone. If LeavingZone is set to
true, then trades will be placed when the main line leaves the zone. - 2 = Will trade in reverse.
All trades will be placed with the trend.
Default is 0
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