Description
The SVEZLRBPercB strategy is based upon the eponymous study, a zero-lag oscillator which smooths data with Rainbow, Double Exponential, and Triple Exponential Moving Averages, combined with a stochastic one. A Buy signal is given when the study's PercentB and Stochastic plots both get higher than their respective previous values (i.e., both start rising); Sell signal when they start decreasing.
Input Parameters
| Parameter | Description |
|---|---|
price
|
The price with which the Rainbow Moving Average is calculated. |
std dev length
|
Defines period on which standard deviation is found. |
ema length
|
Defines period on which moving averages are calculated. |
num dev
|
The number of standard deviations defining the half-distance between the bands. |
k period
|
Defines FastK period for stochastic calculation |
slowing period
|
Defines length of moving average for stochastic calculation. |
Further Reading
1. "Oscillators, Smoothed" by Sylvain Vervoort. Technical Analysis of Stocks & Commodities, September 2013.
Backtesting is the evaluation of a particular trading strategy using historical data. Results presented are hypothetical, and there is no guarantee that the same strategy implemented today would produce similar results.
Technical analysis is not recommended as a sole means of investment research.
For educational purposes only. Not a recommendation of a specific security or investment strategy.