Can someone help me find or write a formula that creates the following moving stop loss using stochastic crossovers.
For a buy signal, (ie %K crosses above %d), a stop would be placed under the price low created by the buy stochastic crossover.
THen each time that %k crosses above %d the stop would be moved up to the price low created by that crossover.
thanks
For a buy signal, (ie %K crosses above %d), a stop would be placed under the price low created by the buy stochastic crossover.
THen each time that %k crosses above %d the stop would be moved up to the price low created by that crossover.
thanks