|Visual Basic (Declaration)|
Public Overloads Shared Function ExtremeValueKSignal( _ ByVal seriesName As String, _ ByVal s As Series, _ ByVal extremeLow As Double, _ ByVal extremeHigh As Double, _ ByVal noOfPeriods As Integer _ ) As Series
|Visual Basic (Usage)||Copy Code|
public static Series ExtremeValueKSignal( string seriesName, Series s, double extremeLow, double extremeHigh, int noOfPeriods )
- The name of the series which will be displayed on the chart, i.e. its label.
- An financial series where the first element is the closing price in the last trading period, the second term is the closing price in the previous trading period and so on.
- This is the level at which the Stochastic is believed to indicate an oversold level. The Stochastic always lies between 0 and 100, and a suggested extreme low value to take is 20.
- This is the level at which the Stochastic is believed to indicate an over brought level. The Stochastic always lies between 0 and 100, and a suggested extreme high value is 80.
- An integer which represents the number of periods used over which the closing price is compared.
Return Value-1, 0, 1 - this method returns either -1, 0, 1 to indicate that either a sell, no action or buy signal was generated.
Buy when the the Stochastic %K falls below a specific level (e.g. 20) and then rises above that level. Sell when the Oscillator rises above a specific level (e.g. 80) and then falls below that level. This approach is the preferred method of the Stochastics original creator George Lane.