Description
A momentum-based reversal system built on the classic Stochastic oscillator.
The Stochastic Overbought/Oversold Strategy looks for potential market reversals by identifying when momentum becomes stretched in either direction. A sell signal appears when the Stochastic oscillator indicates overbought conditions, while a buy signal forms when the market moves into oversold territory. This makes the strategy suitable for traders who prefer clear, momentum-based turning points.
Sensitivity and smoothing are fully configurable, allowing you to tune how quickly or conservatively the Stochastic reacts across different markets and timeframes.
